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Banker_Lanky

04/23/09 12:25 PM

#65029 RE: Bizreader #65028

Any chance of this thing being let go any time soon by the MM`s?... They`ve been holding the U`s down for so long...
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Bizreader

04/23/09 12:26 PM

#65032 RE: Bizreader #65028

Sizable buys are going through above Ask and then several small trades at lower bid is going through. I think it accumulation and flipping. I'm not so sure about exactly how this is done in real time by MMs. This is part of the mystery of the stock market for me.
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Silent Trader

04/23/09 12:59 PM

#65048 RE: Bizreader #65028

REMEMBER 1 THING WAMUQ..........................


Ive been a PR guy in the Canadian stock market for a long time and the key is VOLUME!. I always tell people that VOLUME PERCEEDS PRICE!. Watching WAMKQ and WAMPQ will give you a great indication that so far WAMU is winning the battle and the market knows it. The problem with WAMUQ is the fact that there are 1.7 Billion shares and it can easily be held down. If you see the other two going up, trust me, this one will POP in a flash when the buyers line up. Eventhough we are struggling now while the others K's & P's are doubbling, this to me means that something exciting is about to happen. In the end we will all win. WAMUQ WAMKQ WAMPQ. believe it or not. Like Al Bundy said " Good luck is a commin)


Cheers.