Walter Investment Management Corp (WAC)

[StrategyTrader]

Forgot to mention few weeks prior to court approval it was pumped from .70 all the way to 4 dollars and retracted back to
.50 and below i got out at 2 did not want to be greedy there was also huge options contracts that were to expire definetly was pumped to get out with profit.

I looked at options for WAC contracts expired on the 19th there are opyion contract for feb as high as 3 bucks.

I will be out on any pump i feel it will happen prior to finalization seems its always cooked in in most BK so everyone is happy.

Gl