WAMKQ Breakout
Look at chart this past 5 days, about to break .60
Series K, Trading as WAMKQ
These cannot be converted into common, they can only be redeemed for cash.
Old symbol: WM.PRK, Issued 9-11-06
Outstanding: 20,000,000. Liquidation Value $25.
Interest Paid: Greater of 3 month LIBOR plus .70% or 4%.
Depository shares representing 1/40,000th of floating rate series K non-cumulative preferred stock, no par value.
Series K Perpetual Non-Cumulative Floating Rate Preferred Stock was originally issued at $1,000,000/share. 500 were issued.
SO, 500 x 40,000 = Number Outstanding: 20,000,000.