Replies to post #1382 on Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[WithCatz]

Because holders of the H's, in 2M face or more, get to also buy the shares in the reorganized company (after equity is stripped)

They would easily take 73% of current, PLUS, the residuals (windfall) of the reorganized company.

Can you say K-Mart?