Replies to post #1806 on Washington Mutual Inc pfd K (fka WAMKQ)

[puffyk]

If you think it is going to $1, $10, or $18, it doesn't matter if you buy at .10 or .13.

It just comes down to if you believe it will come out of it or not.

There are a lot of people that bought in the .20's, .30's, .40's, and .50's too

Buying at .10 or under is the strategy if you plan on flipping it at .12-.13, but if you are holding for a big potential payment, it wouldn't matter. Anything at .50 or less would be your goal, I would think

Just my opinion though

[rockie101]

jackson...but if a person is in until all this is over....I can't see taking a little profit and then waiting for the PPS to drop back to re-enter....news could come and you would on the outside looking in.