Replies to post #12123 on Washington Mutual Preferred fka WAMPQ

[hestheman]

The only problem with trading this is it's like playing musical chairs....when the music stops you don't want to be without a share. On the other hand the way this looks like it might play out really depends on the 24th. I think the PPS will indeed sink lower because if judge rules against us it will be too late and this will drop like a rock IMO