Washington Mutual Preferred fka WAMPQ

[Lucullus]

Same for me!

Some time ago I sold all of my WAMUQ and bought WAMPQ instead because I was of the opinion that WAMPQ is so close to be in the money that one single positive point for equity would be enough for at least 5% recovery.

I realy can't express how disappointed I'm about this BS-Examiner report. Man, only some change in the tax-sharing aggreement would be enough to give us at least 5% recovery!!!

But I'm confident that Susman may find a way to get some recovery for Prefs, but commons are toast.

At the moment I'm a little concerned about our EC, because EC members only hold commons, right???

So I think the EC actually goes for: Either commons will get something or nobody!!!

Hope I'm wrong with this feeling!