Replies to post #39120 on Washington Mutual Preferred fka WAMPQ

[clawmann]

P's are still the best value at this moment from any perspective; I don't care what the market says. In 2 months we will all be Newco commons so that will soon be evident. Dimes could go see some strong near term upside, but they are a big risk right now.

[NASCOW]

at these prices you're paying about $1 [18:1], give or take, a share after conversion in relation to new co commons...what will those new commons be worth? will those commons be worth $5, immediately or down the road, giving you 5x money? $10 10x, or will new commons be worth 50cents after market has its way? It's lost its luster as a lottery ticket

if true, until P are worth $2 to 5 I'm not interested