Washington Mutual Inc pfd K (fka WAMKQ)

[dragon52]

Well I look at it this way...

KQ is a preferred...

HQ is a preferred.

PQ is a preferred.

All three should see some sort of redemption when all is said and done; or even before. But, here is the deal... and I might be speaking to the choir, here goes....

HQ although is a trust preferred gets paid first... Good for those that hold it. Now current pricing is around $6 so the most return you will get, is $50/$6 or around 8.3xs your investment or a little more depending on when you got it.

KQ's... should be relative but it is far from it. O/S is 20 mil and the pay out price is $25.00. Now take $25/.14 and do the math; 100xs would make this only $14... 200xs makes it $28... so it has to be somewhere inbetween. go figure... lol

I don't even want to go into the PQ's... as it could anything... but it will surely surpass HQ's, that's for sure.

In any case, there will be more taking up the slack in KQ's soon... volume is rising and price is upticking.