Replies to post #11698 on Washington Mutual Preferred fka WAMPQ

[traderdon]

Sure beats watching it at $4 or $5 :-D

But, yeah, it's a pain to watch these prices languish here.

[Desperado90]

I know watching this for me is actually disgusting. When you look at the possibilities its ridiculous but like you said the world is changing and things are not what they seem. Thats why I only bought as much as I could afford to lose.

If anyone projected that JPM and FDIC would be so bone headed, I would have said the person wasn't serious. The most surprising thing for me was JPM trying to claim the $4B too.

This will end pretty soon because the Texas Insurance Company are up to something. Those guys are fighting for indemnity and jury trial in Texas. Texas jury are freaking mean when it comes to banks.