Washington Mutual Preferred fka WAMPQ

[sf]

smart jerle! cash out on commons for quick cash and live off the pref divis for yearly income. remember bush tax cuts end jan 2011. so cash out of commons fast once they settle to beat the deadline! things are heating up and i dont think we'll see any of these prices in the near future. and dont forget the parlay. lehman just filed wrongful seizure on jpm. 8.6 billion plus damages! also goldman is being investigated too. get those pref under 2 while you can. leh pref is going to heat up also. next court date for them is jun 29th. im glad your not doubting the wmi stock anymore. it has been grueling but we are going to be rewarded big time. and with them rating jpm as a buy...someone is itching to get out of their positions because they know the sunami is coming! guess its time for the one-way to switzerland for ole JD before he ends up in orange! see you in the morning! p.s. check out vstnq also it has doubled about every two days and they are supposed to be out of bk in about two weeks. they are to the multiple submission stage of reorganization by all parties and they are fighting it out. good flipping stock. they are walking it back from 1.80 range and should hit 1 dollar to .80 cents maybe today who knows! i just love the pinks big bucks made for not alot of outlay!