Replies to post #12221 on Washington Mutual Preferred fka WAMPQ

[hfields]

Definitely news driven here....it's what has catapulted this stock. Without it, it will consolidate and walk down until more news, which, like you said will push it one way or the other...we've seen it over the past few mos. within these trading ranges...

I definitely don't hold nearly as many shares here as most of the others do. I hold a relatively small core position of p,u, and k - in the event it does go south, I am within my risk management threshold for loss, and if it goes north, I will have made a healthy chunk of coin.