Replies to post #1975 on Washington Mutual Inc pfd K (fka WAMKQ)

[stocknut71]

I hear ya buddy! I would take $5 too, but that would be a slap in the face. But the naysayers and/or doubters have to put this into perspective.

- FDIC sold Indymac for $13.9 Billion to a private investment group and sold WaMu for $1.9 Billion to JPM.
- Indymac was no where near the size in deposits, monies, etc like Wamu.

What's wrong with that picture? There is no doubt in my mind that WaMu will get at least $13+ billion. I also believe they(the media, FDIC, etc) is keeping things under wraps while this unfolds. I am here for the long haul and will wait for payday!