Replies to post #49955 on Mr Cooper Group Inc (COOP)

[traderob]

Happy New Year everyone. Thanks to all that contributed to our goal. A PROFITABLE year.

I truly believe this stock will endure on what we have seen here. But HOLD ON ... because the ride will come. We must have patience, and those who do will profit.

Have a healthly New Year and just wait fot the green.
We have alot of good news coming our way I believe.

GO WAMU...

[climberprof]

Yes. Wash sale rule does apply. If one sells WAMUQ, then it looks like you cannot buy WAMUQ, WAMPQ (becaause it is convertable to commons). However, it looks like you can buy other preffereds. There are strict rules listed on the IRS website and I did post the link in one of my previous post.

HAPPY NEW YEAR TO EVERYONE!
I you lost a lot of $$ on WAMUQ, just like me, I hope we all get it back and more in 2009!

Climber