Replies to post #129 on Western Asset Mortgage Capital Corp. (WMC)

[Koopa Troopa]

Unfortunately yes, I am not going to sell this low. Too stubborn.

I must admit, I ALMOST executed a tactful trade. After the divvy was suspended, I placed a good sized sell at $3.80. The stock had closed Friday at about $4.02. I thought I had a good shot at $3.80. Monday open and day high was $3.72!! Missed by pennies. If that trade had executed, it would have preserved about $5K compared to the current SP...

Honestly, when plans like that don't quite work, all you can do is stomach it and move on. As I'm sure you know :)

Looking like sub-$2 is likely, but we all know this WILL recover. Questions are how low will it go first, and how long will the recovery take. Same gamble taking place all over the market. Best of luck to you and all.

$WMC$