$1,000 CASH PAYOUT for WAMPQ…………………………
POSSIBLE but not PROBABLE.
Hate to break it to ya kids, but WAMPQ isn’t all it’s cracked up to be.
If you all think you are going to get paid $1,000/share………………..
YOU’RE ALL NUTS!
I still HOLD WAMPQ , but there are
KEY inclusions of the prospectus and ARTICLES OF AMENDMENT should
RAISE some eyebrows. PLEASE KEEP IN MIND THAT ALTHOUGH WASHINGTON MUTUAL IS IN CHAPTER 11, THEY HAVE NOT MISSED ANY OF THEIR DECLARED DIVIDENDS (If anybody has not been paid a dividend or is aware that 6 dividend payments have been missed, then I’d like to see proof) there has not been a change in ownership, etc. etc, it is a good BARGAIN, but not a GREAT BARGAIN (wamuq is actually a “better “ buy than WAMPQ by FAR if you don’t mind a little extra risk) and it is
HIGHLY UNLIKELY THAT WAMPQ HOLDERS WILL SEE $1,000 per share anytime too soon. : ^ (
(n) “Conversion Price” at any time means, for each share of Series R Preferred Stock, a dollar amount equal to $1,000 divided by the Conversion Rate (initially approximately $21.25).
(o) “Conversion Rate” means for each share of Series R Preferred Stock, 47.0535 shares of Common Stock, subject to adjustment as set forth herein.
(c) The Company’s consolidation or merger with or into any other entity, the consolidation or merger of any other entity with or into the Company, or the sale of all or substantially all of the Company’s property or business will not constitute its liquidation, dissolution or winding up.
(you should KNOW where to find all of this and what it “means”)
THE VERBAGE IN THE WAMPQ “LITERATURE” LEAVES A LOT MORE UP IN THE AIR COMPARED TO THAT OF WAMKQ
Please don’t ask for “a link”. If you look hard enough you will be able to find more than a couple links that should put a damper on your BIG DADDY POWERHOUSE STOCK PARTY.
TRUST ME, It’s not as BIG and BAD as you think. There are several REASONS why this stock has not been following suit with the RUNNERS. People are unsure of its TRUE VALUE, and JUSTIFIABLY SO. Don’t get me wrong, It is a GREAT STOCK, just not the BEST!
Please direct all questions about this issue to someone else. Apparently everybody here does such good DD , yet somehow MAJOR DETAILS seem to get missed on a more than REGULAR BASIS .
We all have access to pretty much the SAME INFORMATION, however, we ALL look at things DIFFERENTLY. I understand that, but there are some things that no matter how hard you try to
DISPROVE them, it simply isn’t possible.
A GREAT EXAMPLE of this is the practice of “CASTING OUT NINES”. If you have not heard of this, please do your own “DD” and you SHOULD understand my next statement. Some things ARE THE WAY THEY ARE, and no matter how hard one might try, SOME THINGS CANNOT BE CHANGED and SOME THINGS CANNOT BE DISPROVEN. They ARE THE WAY THEY ARE, and there’s not a d@mn thing anybody can do about it.
Another example of this is that of EASTER (worth repeating)
EASTER ALWAYS FALLS ON THE FIRST SUNDAY AFTER THE FIRST FULL MOON AFTER THE VERNAL EQUINOX!!!!!
It doesn’t matter why, it’s just the way it is.
Some things you just have to accept and DEAL with, or you’ll end up killing yourself fighting a
Losing battle. Fight the GOOD fights, and fight them HARD!
WAMKQ AND WAMUQ ARE THE BEST STOCKS TO BUY BECAUSE OF THEIR
PRICE + TRADEABILITY
(dragon52, this message was not aimed at you but was intended for EVERYBODY)
