Replies to post #30257 on Washington Mutual Preferred fka WAMPQ

[marayatano]

Ownership restriction ordered by the court to protect NOLs, etc.

For Ps, it is approx. 4.xx%.

No one can accumulate more than 4.xx% or if they already have 4.xx% or more, they cannot accumulate anymore nor sell without court approval, etc.

imo