$px^2+2qx+r=0\tag1$
$qx^2+2rx+p=0\tag2$
$rx^2+2px+q=0\tag3$
Let (1) and (2) have the common root $\alpha$.
We can write $(x-\alpha)(x-\beta)$ for (1) and use Vieta's formulas to see that $\frac{-2q}p = \alpha+\beta$ and $\frac rp = \alpha\beta$.
Similarly we can write $(x-\alpha)(x-\gamma)$ for (2) and observe that $\frac{-2r}q = \alpha+\gamma$ and $\frac pq = \alpha\gamma$.
Eliminating $\alpha$ from these results in $$\gamma-\beta = \dfrac{2}{pq}(q^2-pr) \quad \text{ and } \quad\frac\gamma \beta = \dfrac{p^2}{qr},$$
and solving these gives $$\beta = \dfrac{2r(q^2-pr)}{p(p^2-qr)} \quad \text{ and }\quad \gamma = \dfrac{2p(q^2-pr)}{q(p^2-qr)}.$$
Substituting into $\frac rp = \alpha\beta$ above gives us $$\alpha = \dfrac{qr(p^2-qr)}{2p^2(q^2-pr)}.$$
Because $p, q, r$ are real, $\alpha$ is real as well (as are $\beta$ and $\gamma$).
Now that we know that $\alpha, \beta$ and $\gamma$ are real we can say something about the discriminants of the quadratics.
For (1), $\quad 4q^2-4pr \ge 0 $ or $\frac{q^2}r \ge p$.
For (2), $\quad 4r^2-4pq \ge 0 $ or $\frac{r^2}q \ge p$.
If we assume WLOG that $r > q$ these inequalities lead to $p < q < r$, i.e. $p$ is the smallest.
The discriminant of (3) is $4p^2-4pq$ which is negative by the above inequality. Thus the roots of (3) are complex. This discriminant also serves to show that $\alpha < 0$ because $p^2-qr < 0$.