Replies to post #12245 on Washington Mutual Preferred fka WAMPQ

[HROLLER]

Do you know what the bonds are currently trading at??? They are up huge from 2 months ago and looking strong...Here is a link to them. Just type in Washington Mutual INC and make sure you click the corporate bonds;

http://cxa.marketwatch.com/finra/BondCenter/AdvancedScreener.aspx

The bonds trading this high is great news!
If you know anything about charts, check out the accum/dist on WAMPQ. Wow, it's looking real good;

http://stockcharts.com/h-sc/ui?s=WAMPQ&p=D&yr=0&mn=6&dy=2&id=p31029575760&a=164704372&listNum=1

[Lawrence 147]

No biggie. Actually provides a stronger case for WMI’s claims for tax returns.

[fsshon]

Jackson why is JPM paying the debts of the Tax Counsel. I don't get it, they are claiming they are not responsible for any of the bills. The debts were incurred as part of WAMU they JPM should be liable for them as part of the P and A we never have seen. If the debts are WMI's then JPM does not have to pay them. So why are they paying them? Any thoughts !!!