Replies to post #3219 on Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[Enterprising Investor]

There is a difference between "worthless" and "no bidders".

Fidelity shows both issues valued at about 98 (or 98 cents on the dollar).

I have several open GTC orders for distressed securities at prices significantly higher than the last reported trade. I suffer from "no seller" syndrome.

Just be patient. We will all have more cash in our hand shortly.