Preferred stocks are usually discussed on the Bond & Fixed Income board. My list of preferred yield stocks is here--http://boards.fool.com/Message.asp?mid=27582035QuantumOnLine.com is usually the best source of information on individual issues. http://www.quantumonline.com/search.cfmcmo-b is apparently a convertible preferred for Capstone Mortgage Co. It is not rated by bond rating agencies. I don't follow that industry, but clearly that industry is in turmoil. There must be some good opportunities out there, but many may fall by the wayside.These days you can get nice yields from others of good quality on my list. So I am reluctant to take that much risk for uncertain rewards.
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