Replies to post #31042 on Washington Mutual Preferred fka WAMPQ

[rockie101]

Last 6 or 7 minutes some above the ask....HOD 18.75.

[ptolomeo]

I've noticed this last minute trading last three days...

Last 3 days, we always start high, then we start sinking, and spend most part of the day under last trade day value, but at the end, in the last minutes, someone buys shares to just increase the PPS a little bit.

3 days ago, it was a $0.10 rise.
2 days ago, it was a $0.20 rise
yesterday it was a $0.35 rise.

It looks as if someone is trying to keep the PPS under the 'radar' but wants to buy as many shares as possible without moving the PPS.

I don't know, this last minute trades, with the biggest volume in all day, with some afterhours trades (I cannot trade afterhours), seem a little bit odd to me.

To see the afterhou thing it's very easy. If you go to finance.google.com it will show you that the trade day ended at $18.40, but for example at this iHub page you'll find it ended at $18.75. Any bets?

Anyone watching L2 can throw some light?