Replies to post #20664 on Washington Mutual Preferred fka WAMPQ

[rockie101]

I think K's are a good buy at these prices...I think the K's will most always run ahead of the 40-1 ratio to the P's.....the Ps' can move fast.

[climberprof]

Mordicai

If the K's are on equal footing with the P's, then considering P's are cheaper than Ks right now and also Ps have much higher dividend/quarter (like $70 ??) then may I ask why you are in both Ks and Ps rather than just Ps? Is there any advantage of Ks over Ps?

Thank you so much for the info.

Best
Climber