Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[56Chevy]

I get the frustration/anger...there's always a risk that a case can go the wrong way even with favorable facts and figures.

I thought this case got off on the wrong foot to begin with and was never set back on course to avoid where it sits now.

OEC's disappoint in one way or another more often than not.

I don't think the Hedge Funds were guilty of insider trading (spare me the hate mail Ihubbers it's just my opinion). There was a reason the hounds backed off that hunt. They may have won in the court of public opinion but lost in a court of law.

Equity was offered greenmail to get them to shut-up and go away. It worked.

I think mediation will produce a settlement for DIMEQ of two thirds what they want and the rest will flow to PIERS.

Those who have been in this a long time are understandably tired of the battle but if given the choice I'll take stocks in newco because they offer me the best chance at recovery over time. With newco's I get out of the unpredictable confines of the courtroom and get on with a whole new game. If I take cash my road to recovery ends there. It's time to consider value and how that can work to my advantage.