Replies to post #7163 on Washington Mutual Preferred fka WAMPQ

[sf]

funny ...my scottrade account said i needed to inform them if my dividends will be reinvested or cash in account. that just happened last month. also cake financial stopped following wampq in my account. i was an elite member then all of a sudden they lowered me to bronze. they said they were no longer folllowing the stock. something is getting ready to happen in my opinion. also if you reinvest dividends do you pay capital gains on them or is it only when you cash the stock or dividends out? thanks for everyones help im up $16,000 today. i was diagnosed with stage 3 melanoma cancer 3 years ago and i feel this is the prayer i have asked for. my family will be ok i feel. i was supposed to be dead 8 months after diagnosis but i am still above the dirt and cancer free!this stock was the first i bought after losing my 23 yr. job because of my disability and the loss of all lymph nodes in my leg. everything happens for a reason and i am grateful for everyday irregardless. thanks for everyone's help i couldnt have done it without you guys!!!!