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Re: Mutz post# 42601

Saturday, 11/22/2008 8:04:27 PM

Saturday, November 22, 2008 8:04:27 PM

Post# of 731310
To flip in and out. These Q STOCKS are money makers if you are light on your feet. WAMU is like most Q STOCKS. It is the same as being caught in quicksand. Many here are trapped, just don't know it. Been in a lot of Q stocks, got greedy, and ended up losing everything. Only Q stock I know about personally that traded way up while in bankruptcy was CALPINE. Went from .15 to 3.97 while still in bankruptcy IN ABOUT A YEAR, THEN DROPPED INTO THE $1.00 PLUS RANGE. When CAlPINE came out, there message board was posting almost exactly what I am reading here. The commons were not ''wiped out'', the investors were. The ''warrents'' given in leiu of the common shares were a deathtrap. Don't believe any investor could ''afford'' the warrant price of one share. It was a joke on the true believers. All were ready to become ''millionaires'', until that happened. Must point out. WAMU and CALPINE are a lot alike, they were both strong successful companies, that just needed to shed some dead weight. And that is the ''X'' factor for WAMU, which I believe is a very strong point in WAMU'S favor. It will take a lot longer time to complete, than many expect here. For now, the continous red each day is hard to stomach, unless youse is one of those pesky ''shorters'' I keep reading about, LOL. If I meets one, will poke him in the nose for all youse. Indian
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