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Lawson Digest

02/01/13 9:20 AM

#383051 RE: dm57 #383049

Part hope, part play. I have my escrow shares from when I invested in K series back in 2007. I had a whole bunch of commons from the conversion and sold them all at a little above .80. I've been riding this stock since before a lot of people have been here, and for those who have been here as long as I have you know just as well as I do that this thing goes up and down and up and down all the time. It's not that I want back in, necessarily, but with 2013's new changes to short term taxation on married couples who make less than $72k/yr, there's no reason not to get back in and see if I can ride another WaMu wave.

After all, I have to make up for all those times I was doubling down on my WAMKQ shares, trying to lower my average cost basis while it was in the $2 and 1.50 range. That was a BIG mistake, but I never thought it would have all resorted to how it has. Oh well. We all live and learn, right? My fault for thinking I could ride out the thing.