Replies to post #2101 on Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[vics picks]

While you are touting your low risk commons I also have a bridge or two you may be interested in.
I think the real reason your post has attracted so much attention is that it is misleading to a new invester who has no real knowledge of this complex situation.Now if you said it would be like buying a lottery ticket on the Mega Million drawing it would have passed without a ruffle.
Myself I have no problem telling friends to buy the issues higher up on the food chain as they seem to have a chance of some recovery.
This is my last response to your posts.

[MasterBlastr]

Linda, any way you want to look at it, the H's are probably the biggest risk at this moment.

[marayatano]

LOL! We are here to make money. "Fuzzy"

LOOK - it is very unreasonable that 1 STATEMENT OF MINE has caused such a ridiculous drawn out argument.


I will try to make my point in another way that I think is more simply understandable -



WAMPQ is trading at about 400 %/or 4 times its 52 week low of $ 6.00

WAMKQ is trading at 550 %/or about 5.5 times its 52 week low of .15

WAMUQ is trading at about 90 %/ or less than 1 times its 52 week low of .0375



WAMUQ is trading significantly closer to its 52 week low than the Equity Preferreds and so in this regard it is a less of a risky stock - in my opinion.



Also - in the last announcement of a possible Settlement between the Debtors and the EC the Commons increase significantly more in % Gain - from about .04 to about .24 - than any of the Equity Preferreds - although the issue here is a risk of loss and not a potential of Gain.

[marayatano]

HUQ is at it 52 week low!!! If I apply your theory and NOT take into account all other variables, we might just have a winner right here!!! No way we can loose here!

...BUT then again... that would be foolish to NOT be aware of other variables...

imo

LOOK - it is very unreasonable that 1 STATEMENT OF MINE has caused such a ridiculous drawn out argument.


I will try to make my point in another way that I think is more simply understandable -



WAMPQ is trading at about 400 %/or 4 times its 52 week low of $ 6.00

WAMKQ is trading at 550 %/or about 5.5 times its 52 week low of .15

WAMUQ is trading at about 90 %/ or less than 1 times its 52 week low of .0375



WAMUQ is trading significantly closer to its 52 week low than the Equity Preferreds and so in this regard it is a less of a risky stock - in my opinion.



Also - in the last announcement of a possible Settlement between the Debtors and the EC the Commons increase significantly more in % Gain - from about .04 to about .24 - than any of the Equity Preferreds - although the issue here is a risk of loss and not a potential of Gain.