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0 point   posted on 10/06/08
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N/A
+0.00%
 risk: conservative

WAMUQ. Grossly Undervalued


Ch11 filing states $33B Assets vs $8B Debt. They shouldn't even BE in Ch11. Only reason they did it was a SMA deal cause JPM stole their main asset, the Bank.



More info here: http://www.squidoo.com/wamuq

  Related to:  
WAMUQ WAMUQ


Comments (7)

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traderdrew   51%     1 point   commented 410 days ago reply

I dont think you understand the underlying risks

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allstarinvestor   85%     1 point   commented 404 days ago reply

no no no do not touch

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ALEX   N/A     1 point   commented 396 days ago reply

bullish on WAMUQ 45k shares @ .07 hoping to end the year off positive..

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Locationh   61%     1 point   commented 396 days ago reply

You should not even be investing in stocks if you consider this pink sheet turd a buy.

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ALEX   N/A     1 point   commented 395 days ago reply

well let's wait and see....risky I know

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traderdrew   51%     1 point   commented 393 days ago reply

the only way you are going to make money off this is if the deal doesnt go though

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tidefish   N/A     1 point   commented 135 days ago reply

...or if they win the lawsuit?


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