Washington Mutual Preferred fka WAMPQ

[marayatano]

I don't know if WAMPQ paid their divy, but if I remember correctly, the last one was not paid.

Also, WAMPQ is a non-cumulative stock, so WAMPQ holders have no recourse for the divy that were unpaid other than to sell WAMPQ in the open market. This is probably why WAMPQ traded all the way down to $400. I just hope WAMPQ continues to pay the divy if the emerge or if their is a buyout, BUT the problem "they" do NOT have to pay the divy and just let it trade freely.