Replies to post #42375 on Washington Mutual Preferred fka WAMPQ

[clawmann]

Gee. Thanks. I didn't know that.

At this point, with shares locked up, I am looking at it for what it is. I obviously did not buy it for this kind of a return, just recognizing what it has become. And I always try to be conservative with projections, unlike the "2 X value+" posters. And, btw, I doubt you can find a utility stock that promises to provide a 150%-250% return in 30 months (not exactly the return that penny flippers dream about, but still pretty good).