Replies to post #27297 on Washington Mutual Preferred fka WAMPQ

[STRIKEEAGLE]

I have no DD to back this statement up, but I am a believer that Susman and Rosen have known the preferreds are very much in the money (FV) for some time now.

And that the real fight is for how much commons will wind up with when the dust settles.


Bored here... so I will throw out my WAG... P's at 100% and U's at $5... VERY HAPPY!!


AIMHO