Washington Mutual Preferred fka WAMPQ

[VivaLasVegas]

Yes. I believe it's smart to play this ACROSS THE BOARD.

Instead of just a WIN bet on WAMUQ


WAMPQ is like a Huge Show Bet!
Safety and HUGE UPSIDE.

Kind of like when you make a show bet on the track on the other horses in the race when there is a 1/9 HEAVY HUGE FAVORITE.... and the Bridge Jumpers LOAD UP $100,000s on the favorite to show... and it doesn't hit the board and the SHOW PAYOFFS DWARF the WIN and PLACE Payoffs by a large margin.

That's what could happen here.

And I highly recommend (within your risk tolerance) you get on the WAHUQ bandwagon. Those do get paid FIRST and before the other preferreds.

Cheers.