I'm not an expert, but it really sounds like a lot of (seemingly knowledgeable ?) people believe some sort of settlement is coming which will bring the value of the common shares to a much higher level than what they are trading at even today ...
I did learn (the hard way ) that the #1 rule is to always take profits, but wouldn't it make sense to make an exception for WAMUQ and reap a much much bigger reward one week from now ?
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