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Discussion Starter · #1 ·
How would one go about prchasing 500 shares ASAP. ??
I am willing to risk it.
 

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Why would you want to buy stock in a company that was seized by the FDIC, and then sold to Chase? Enron stock is probably more valuable right now than WM.

There is no bail-out, the company has already went under, the stock ain't coming back.
 

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What part of this stock is going to zero is not coming across?
There is $30B of debt and preferred stock that is line before the common stock...
 

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WaMu closed yeaterday at 1.69 and openned this morning at .18. It is presently (2:40) at .16 and that is only because of the folks who don't understand and just can't resist throwing money at it.

I played that game with Drypers which was a Houston company that went under back in 2000. It was steep tuition for a lesson in emotion vs market basics.
 

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Discussion Starter · #6 ·
I guess you could call it "WISHFUL THINKING" !!
 
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