Replies to post #31304 on Washington Mutual Preferred fka WAMPQ

[longhaulq]

Because we are trading in the teens, does not mean we are "in the money." This is just false advertising. We are trading close to 1/100th of value, so obviously the market is not convinced.

I think you need to change to "sometimes wrong".

btw- I think we will be soon, but at this moment we are on the outside looking in, and you need to recognize this..... otherwise go ahead and bet the mortgage.

imo-