Monday, December 01, 2008 2:16:49 AM
Bottom line is... We have NO idea how this will play out. Maybe we'll all lose everything. Maybe we'll all make out like bandits. Maybe those that lost everything and held will be all right after all.
I find it laughable at best when people come on here and spout off very direct matter of fact information, often meant to degrade and insult one another and then tag it with a less than gracious IMO.
Here's a newsflash. Right now... it's all speculation and as such it's all in someone's opinion.
Another aside, we're kinda all in this together.
This isn't meant to specifically target the initial post I am responding to, but rather the general elitist attitude of some that post on here.
As far as I and many others here are concerned, the more that make money here the merrier. Regardless of common, preferred, etc... WE ALL WANT WAMU to make us money.
Invest how you want. Learn all you can, which at this point isn't much and I think we all pretty much share the same info. Discrepancies surface in the way we interpret the legalise.
Know all that you can know. Go on your own hunches and best educated guesses. But know that as of today, that's all they are.
If this were as sure a thing as many claim, the pps on these shares would be much higher than is currently reflected.
Do I believe we'll see some big gains here? Absolutely. Is that based at least in part on a complete guess... YOU KNOW IT!
Good luck EVERYONE. I hope you all get paid in a BIG way, regardless of which variation of WaMu shares you hold.
"By the time an "accurate" list of assets will be available for everyone to see, WM will be EMERGING from ch 11, WAMKQ will be up thousands of percentage points as will WAMUQ, WAMPQ will be sitting at $5-10 until the common stock is trading at $5-10 in which case those who purchased WAMPQ thinking they would get $1000 won't, and they would have been better off buying WAMKQ and WAMUQ imo"
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