If you sold most in the last rise, then I would say you made out pretty well. If is "cheaper" to get in now. Commons, WAMUQ = 1 old share = 0.03349842 new shares - WMIH commons Preferreds, WAMKQ {called Series K below} = 1 old share = 0.4950146 new shares - WMIH commons Preferreds, WAMPQ {Called Series R below} = 1 old share = 19.80058 new shares - WMIH commons Plus an interest in a litigation trust (assuming there is enough $$ that flows down to equity). imo