That I have no idea... What I do believe is that on a % basis, the commons have the most reward to the upswing with the least risk downward to lose. 50k invested today would get ___ in common 50k in preferred would get ____ Worse case is 50k lost, but how high is one compared to the other and more importantly if the %'s are different in best case settlement, then how many shares could be bought of one or the other? That doesn't read as well as it's in my skull. :P