Replies to post #12220 on Washington Mutual Preferred fka WAMPQ

[jackson227]

Sure will be interesting.

It could go up real fast real soon if good news comes out, but if they want to stall people out, it could get real ugly.

They could lock it in even lower than $10 imo, and although it would obviously be a great buy at $10, they could blow through all the orders at $10 pretty quick.

Who the f knows is right, and it certainly isn't gn.

As for now, it's not manipulation, there simply is hardly any buyers hitting the ask, which is not good for the pps.