Washington Mutual Preferred fka WAMPQ

[climberprof]

Dragon

At this point, absolutely nothing is out of touch.
I told many times before, I bough WMI before the seziure and now I hold about 50K around $1pps. I am already loosing big.
At this point I cannot sell (I will sell only few for tax write-off soon). I have no choice but to wait, 1 year, 2 years, untill the shares worth something again or it dies out completely. Please do NOT forget that there are thousands of people got stuck in WMI at very high prices. They are just like me, they have no choice but to wait.

All I am trying to do is to learn more about the things going on about WMI while it is in BK. That's all.

Best