I am not an expert or an analyst, however, I feel that the coverage earlier w CNBC saying that wamuq is a "cheap lottery ticket" isn't exactly horrible.
We may find ourselves tomorrow among many new investors who are willing to take the same risk that most of us post-seizure investors did, but paying even more for their shot at $2-$20 pps.
Not to mention, If I were a broker and I did my research I would have been jumping on Wamuq a long time ago, but many people may have looked over it. The fact that a lot of investors are going to see the 1000%+ jump in Wamuq this year and over 100% this month will lure them in whether they know what they are getting into or not.
Bad publicity is better than none.
If we see new investors tomorrow and everyone holds and doesn't get scared that they may not get a settlement the price could rise fast and hard. We could easily see .70 tomorrow and in that case all of the MMs who are shorting will lose out. So JPM on buy more cheap shares.
Go WaMu Long and Strong. I'm counting on my $4+ pps