When people think of preferred stocks, they usually think of buying them for fixed income, and not about trading at all. However, after the financial tsunami, the situation has changed. Preferred stocks, these days, can have wild swings even when interest rates do not change much.
However, preferred stock remains an obscure investment, and there are no good ways to find out much information about them. There are web sites which give descriptions and prospectus of the preferred stocks, and they are very helpful, but it is still very painful to go through the exercise of finding trading related information.
10xreturn is set to change that. More on this will be coming soon.