RE: watching the preferred sharesThey have been moving, but the real action now is on the common, which are shortable, therefore as the price increases more shorties buy back. This is not the case for the prefs, which are illiquid. The prefs reflect some optimism but the risk of suspending the dividend on C&D probably still spooky for some. If no mention of this next week at earnings, then the prefs can price in continued div payments. Prefs will trade with the bond DB.A which has suffered some profit taking over the last week, and prefs are behaving similarly. Only the common going up as this is where most penny stock specs are.The dividends on the prefs don't make up a huge amount of cash. Unless they are running out course, I suspect they should keep paying them on the C and D which are cumulative, but i'm just guessing