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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (36924)3/16/2010 12:33:27 AM
From: Spekulatius  Read Replies (4) | Respond to of 78748
 
some repositioning:
Out: D (valuation), OTE (swingtrade play)
In WMKQ (Wamu preferred), ES (follow GRSPIN)

WAMKQ - the recent ruling determines the floor for the Wamu preferred and it better than zero. Some folks I follow think the settlement is at least 10% of nominal, which would be 2.5$/share for WAMKQ. I bought at 1.3X$ today so it seems like a decent return potential.

I continue to add to some dinky small cap bank stocks. i won't post them here since their volume is so low. I sold off one little critter after > 50% gain.