Replies to post #42355 on Washington Mutual Preferred fka WAMPQ

[radiumsoup]

I couldn't agree more. The grossly understated value is the only reason I haven't bolted for the hills, really - as soon as this gets listed, whenever that is, I can sell at my target price (or, at least put in a few GTC orders) and still get paid out of any litigation and/or waterfall cash. I'm not expecting 50x returns by any means, but we're all going to get a handsome return, especially if we're patient with a relisting and if the new BOD hits the ground running.