I would be very careful buying WAMUQ for now . I am not going to pay .30 for it . I believe WAMUQ for now is played by MM’s at the best. They are cashing on the hype. I am still not convinced that all WAMUQ ‘s shares are in the same boat. Yes I believe WAMUQ will be included in any settlement between WAMU and JPM. But the fact is when the settlement has reached then the pre BK will get a better deal than post BK , and that is perfectly fair. WAMPQ and WAMKQ. they will get their share of the pot before WAMUQ, yet I dont see them as moving up drastically as WAMUQ. Thats why I am not convinced to buy WAMUQ at this price, and I think you should not bet your farm on it. Wait for the right price . For now MMS are playing their game be careful.
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