Replies to post #11772 on Washington Mutual Preferred fka WAMPQ

[Chiron]

SO what? At some point PQ's will see more than 2.4% recovery, lol. I'm in at $4. Hell even if she sinks to Bopfan's $9 target, I still make a bundle.

Weil et al are fighting hard here. At some point, in few days or in a few years PQ's are going to see restitution. If you are trading these - I agree with you, take profits and come back if you can. I actually hope this takes another year so that I only have to pay long term gains.

Weil et al aren't giving up here. Until they do, I'm not selling.