Thanks to all of you that have been welcoming me. In answer to Jimmy's question and as information for those who don't know me from the other boards, I am an older guy who has been investing in stocks for over 40 years. I tend to be a bit conservative but still take some chances thus I am in this bankrupt stock. I am not a day trader and tend to hold most my investments for at least several years. I owned WAMU before the seizure but I was buying K's up until the day of the seizure just because I thought they were safe. Now I own mostly P's and H's. I own H's because I believe they are a sure thing to reach $34+ which is over a 50% gain from where you can buy them today. I consider them my insurance if we somehow get screwed on equity. Remember H's are not equity. They are backed by a bond. I own P's and a few K's because I believe they are the best hope for a huge gain. P's offer better than a 30 bagger if they get paid in full. They get that before the commons get paid. I realize there is a possibility that commons will offer even a greater gain. But I am not greedy. I will be very happy to take the 30+ times gain and I hope all of you betting on the commons do even better. I do own a few commons just because I want to be able to vote at the shareholder's meeting, but my play here is the P's. So you can call me conservative if you want. But I am investing in a bankrupt company and to be quite honest most people who know me don't think I am conservative at all. I really believe most think I am slightly nuts to be here. However, I have had the privilege of personally meeting a number of you and WAMU shareholders are among the nicest and smartest people I have met.
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