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dragon52

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dragon52

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Sunday, 01/16/2011 4:35:30 PM

Sunday, January 16, 2011 4:35:30 PM

Post# of 730209
All I can say is...

Buy preferreds... the way everyone is talking here... commons are smoked.

Preferred have a much better chance of getting paid... and if you look at the K's, cheap and affordable and a preferred. They will get paid first before any common will and will get a better margin.

33 cents on a dollar makes the K's worth $8 pps... from current pricing? LOL

that is not bad a spread.

WAMUQ has been dragged in the mud and back... and right now, I cannot see any good coming about unless they go outside of the BK system and file for damages, and even then will have to be proven... might take years.

good luck to all...

might be back in, if it looks promising... but right now... heh heh.. dimon has won this round.

DRAGON52

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