"Could this $5 Billion in the remaining WAMU’s hands be utilized to restart and expand some of their (now significantly smaller and leaner) operations? Who knows.
But several smart investors are closely watching this situation as it develops with an eye to buying JP Morgan / Chase Puts and WAMUQ shares since the former is trading high and WAMUQ is down around 10 cents."
WAMUQ will be traded much heavier this week IMO now that the bill is signed. We get the $5B back and we rocket...