Washington Mutual Debt

[marayatano]

Sorry, the ones that were knowledgeable do not seem to post anymore or often. I, myself, hardly post there anymore. Most that post now are new and probably bought at a much higher price. The original people bought when WAMUQ was at 2 cents and WAMPQ was at $2 to $4.

It has gone up substantially. I think most of us who have our free shares are just holding and playing other stocks while we wait for settlement/resolution.

So I really can't answer your question, but I can tell you that WAMU has a much higher chance to getting recovery all the way down to common and sooner than Lehman.

imo