Replies to post #11047 on Washington Mutual Preferred fka WAMPQ

[jackson227]

A preferred is a preferred, and the divis are the divis. The pps doesn't matter, and JPM wouldn't benefit at all from these trading at 1,000 compared to trading at 100 .

Why do you think JPM would care about the price and why do you think they would benefit from "uphold"ing the price?

[cents2ks]

if JPM were to in any way assume wampq, they wouldn't have to "hold it up". 77.50 a year in interest/divys would do all the upholding I would need :-)