Assuming that a preferred isn’t convertible, no buybacks are in play and its
dividend payments seem secure, it will tend to act like a bond. If interest
rates are moving higher, the price of the preferred will drop. If interest rates
drop, the price of the preferred would be expected to rise. The stock’s price
is largely based on earnings expectations. It is entirely possible for earnings
to rise during a period when interest rates are rising. As for different listing
venues, a small preferred issue of a firm that corporation acquires might end up
on a pink sheet while the corporation’s stock is listed on major exchanges.
Also, many preferreds are closely held and very thinly traded.

that sounds good dartboard....but what if they have a zero yield?

they meaning the the big money!

sounds like they park the money in the higher yeild prefer and then when the
stock gets beat down they are swaping out to the common?

stocks go up when there are more buyers, stocks go down when there are more
sellers. unfortunately i have no idea what makes one preferred more popular than
another and both are in the same stock....i wonder if any of these pros would
care to share the secret.