Washington Mutual Preferred fka WAMPQ

[marayatano]

K's pay almost NIL in dividends. P's pay 7.75%. That is a HUGE spread between K's and P's.

P's are far superior in relation to K's.

K's are over priced compared to P's. (40:1 Ratio = K:P)

There is a reason why Fried Frank over accumulated P's.

Risk reward ratio on P's is the BEST. HUQ's are the Safest, but limited upside. K's are third.

In the end ALL are good, but are ranked accordingly.

Just my honest opinion.

Thanks.