Who the heck is selling 7,000 shares at this price today? Hopefully we will get good valuations soon. It seems like all the hype on the commons is generating more movement, or maybe the savvy investors just think there is better upside there. I'm good with my WAHUQ and WAMPQ! It seems to me that if the judge were to rule the $4BB to WMI and the tax refunds also go to WMI (as in their agreement that the judge agreed not to pierce), that there would at least be enough money for the preferred to get 50-70% of face value, even if the common were left out. We should see face value (or very close) if the commons get anything!
BT
This is all opinion and should not be used for determining stock purchases!
