Washington Mutual Preferred fka WAMPQ

[marayatano]

Rocki, when to talk to people who are in love with their stock, all rational goes out the window.

They will only listen to "the good", and not the flip side. Anyone not in the "pump/cheer" camp are immediately labeled as naysayers, bashers, etc.

They only see the reward and dismiss the risk associated in such a speculative investments.

This happens on all stock boards.

Fortunately for the Wamu commons, they, imo, will still receive a distribution, although reduced.

Although, I do agree with you, for some, not all, you cannot feel sorry them. Some were innocent that fell for the "pump".

imo

I can't feel sorry for commons if they get left out in the cold....they had all the time in the world to stock up on preferreds....they are called preferreds.... because they are better...nuff said.