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WASHINGTON MUTUAL Message Board

  • investwisely1234 investwisely1234 Mar 8, 2010 4:36 PM Flag

    Expected outcome (zero or hero)

    It remains to be seen, because the only issue that is at play for now is the 4B. If it is in WAMU's favor, then we have a clear case, if not then WAMU will go from 55cents to 8cents in a hurry.

    I know everyone on th e board is so excited, yet they have no date or no insight.

    ALl I can say is that from the eralier news that EC believes that WAMU may get 20B deal in total.

    If that is what is being worked by the lawyers, then wamu commons may see light of 2 to 3 dollars, if not then we are all doomed..

    RISK remains high for all longs.. but then again most of us has written off our losses or have come to terms with them..

    Like many I too am hanging in hoping we will either see some upside or we will know much more about our justice system.

    Good luck to all

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