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Re: Nellafom post# 28861

Thursday, 08/01/2013 6:12:38 PM

Thursday, August 01, 2013 6:12:38 PM

Post# of 111138
Yes, for WAMU preferred that was like around 4%. Glad I too bought for pennies. Didn't turn out as happy as everybody had hoped, but it wasn't a complete loss.

I'm hoping for more than 4% recovery here, but still scared of some shenanigans that leave only crumbs for the CT shares...... or even nothing :( This is not a bash, or even a soft bash. I bought a few "trading shares" in the high .50's. If this goes to a few dollars before Sep. 30 I'll sell them.

Usually when I buy "trading shares" they end up as a "long term hold" ;) Maybe I'll finally hit a jackpot here, already been waiting around 3 years and pretty much forgot the whole mess.

Have been reading last night from post 25,000 on this board (early June 2013 time period). Up to around 25,800. At that point on the message board everyone was emailing to find out who the Trustee was. Everyone was surprised that possibly Barclays (!?) was it all along, right before our (your) eyes. Did anyone ever find out? I better get back to reading and find out. It's like a mystery novel so far. Great work everyone!