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[Cashinfist]

Question:

Anyone following the WAMUQ vs FDIC case? I got burned last Sept. when the FDIC raided WAMU and sold it off to JPM. I had bought a few shares at 1.80 the day before the take over. I'm still sitting on them waiting to see what might turn out. This has been trading in the .04-.06 range since then. I check in from time to time to read the WAMUQ board to see whats going on and the pumpers seem to be really hopeful that this could turn out as a big lotto ticket. I myself, am hoping they come back to somewhere near what I bought it for. That being said, if it did, from what it is now, it could be a huge lotto. So I'm wondering if I should buy some to average down or will I get burnt again? What do you folks think?