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WASHINGTON MUTUAL Message Board

  • juicyjuice10001 juicyjuice10001 Jun 15, 2013 5:23 PM Flag

    WAMU is like

    Lehman. It took close to five years before the holders of Convertible preferred realized that Barclay bank is actually responsible to pay off the debt holders. While the stock is trading at 30 cents, the real value if realized is close to over $ 30.00. The bankruptcy players know how to keep the real value very secret. WAMU is no different. Of course it is impossible to buy Lehman Convertible preferred.

    Sentiment: Strong Buy

 
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