Replies to post #25783 on Washington Mutual Preferred fka WAMPQ

[newbie65]

in any case the preferred will get paid first right? under any situation? I sold my commons to get preferred. I know common might be a better return, but I want to play safe..

[Chiron]

Commons are just in a trading range, .17 - .20 or so.

[HROLLER]

Short Volume.....Compare the total short volume for today and look at the 15,700 shares reported AH. The total volume for today is actually 37,669. It looks like they needed to short this hard to suppress the price and then covered. So I guess someone needed about +21,000 shares today.

20100817|WAMPQ|15917|21969|O
http://regsho.finra.org/FORFshvol20100817.txt

My last post for today