Washington Mutual Inc pfd K (fka WAMKQ)

[jackson227]

Ok,maybe the next 6-7 weeks.

Bottom line is that until the reorg plan is filed, I think any rise in price will be followed by a drop.


People are too anxious and they are wasting their money right now.

Why would you buy 10,000 shares of WAMKQ for $1,300 when you could wait and get them cheaper?

I can guarantee you that houseboat is not paying .13 .

Same goes for WAMPQ, those that paid $4.75 today just wasted money because they will be able to get them for much cheaper.


The smart people would have dumped their Ps for profits and they should be either dumping that money into the WAMUQ or into WAMKQ when it drops a bit. Same goes for WAHUQ, you should sell and take full profits and get into something else.Or, if you bought WAHUQ, make sure you are planning on dumping when it doubles and get into something else that will move.


To watch them all go up and down is foolish IMO.