Replies to post #27282 on Washington Mutual Preferred fka WAMPQ

[Yanik]

just snagged some more p's and k's.

even if i lose half my investment in the end im ok with that. I think im properly hedged now. looking for the huge payoff in the commons. Pref's are jsut insurance that i dont lose it all. my opinion. I guess i have a bit higher risk tolerance. can you pm me what you would allocate if it were you? thanks.

[rockie101]

STRIKE....say you have 30,000 commons and 13,000 K's...sell commons and buy more K's ????not going to increase my P's.