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6 pts

Opinion on  Washington Mutual Inc (WM)     Sector: Financial  >  Industry: S&Ls/Savings Banks
my picks

Sep 22, 2008 06:22 AM UTC
Return Risk
-76.66% HIGH
Analyst

i think WM has been insulted enough for there mismanaging many things in their company, but to be honest im new to all of this, heard of the news and it seems like it would be the DAY AFTER TOMORROW for the economy,  i know media always  make big thing of nothing.  i was able to by some of WM for 1.70 wednesday and since then heard people talking from both sides of the oceans about how will WM bounce back    

let the credit be to them, myself is not soo much of experience 


WM:  This call was made on 09/22/08 @ $4.0
Rating:   Positive   $4.0 (09/22/08)
Gain/Loss:   -95.99% in 107 days


Comments (6)

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Me_on_rock
Len   N/A     0 point   commented 103 days ago reply

How'd that stock pick work out for ya?
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Kbe_4-14
nextfundmanager   N/A     1 point   commented 106 days ago reply

It may seem like a good pick but if the big banks wait for it to go bellly up before buying its assets the equity will be worthless
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loneranger   36%     1 point   commented 106 days ago reply

The media may be making a big deal of this but this time it may really be, by the end of this week we should know if your pick was genius or foolish
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Angelina Rose   N/A     1 point   commented 106 days ago reply

To know the truth wait until weekend.
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traderdrew   58%     1 point   commented 106 days ago reply

it may not even be that long, I expect something to happen before this week, FDIC or otherwise
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Donnell
nicholsd   76%     0 point   commented 92 days ago reply

Bailout wont do much for the economy but a good turn will possibly be with European markets are falling they may look to more secure federally backed American markets to invest money.

Your Comment

Who voted on this idea?
alogicalinvestor N/A 10/18/2008
Dsc00126
scubongo 75% 10/07/2008



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