Replies to post #18417 on Vita Mobile Systems Inc (VMSI)

[hellcatjr]

I cannot say one way or the other, there is just not enough available data/information for me to make an informed decision.

Investopedia has this to say inregards to preferred stock...

Investopedia explains Preferred Stock
There are certainly pros and cons when looking at preferred shares. Preferred shareholders have priority over common stockholders on earnings and assets in the event of liquidation and they have a fixed dividend (paid before common stockholders), but investors must weigh these positives against the negatives, including giving up their voting rights and less potential for appreciation.

Read more: http://www.investopedia.com/terms/p/preferredstock.asp#ixzz1PxHjIA4B