Yohan, I believe it's best to be in both, but in trying to do a little flipping, I got stuck totally in the commons now. I'm ahead, per se, but don't have any preferreds now.
The common feeling is that preferreds get paid before commons with any excess funds after all is resolved. But there seems to be instances where equity can be distributed evenly between all classes. I just don't know what's going to happen.