Replies to post #3265 on Washington Mutual Inc pfd K (fka WAMKQ)

[Lawson Digest]

Absolutely: taking profits on the way up - which is contrary to what I haphazardly suggested in my last post - is probably the least risky action to take.

I think most of the board agrees that we are going to get somewhere between 40% and 85%. While we all hope that we get the accrued dividends + a high PPS, we are all playing it safe knowing that that is just too good to be true.