I got stuck holding a shitload of Wamu at 3.30 I hear all this talk about it being up on the auction block.there is talk about Wells buying them out.I know they have a a bunch of toxic paper but they still have other avenues to generate income being this is the largest S&L should I dump it and take my losses or should I roll the dice and hope it gets bought?
To remove first post, remove entire topic.
I got stuck holding a shitload of Wamu at 3.30 I hear all this talk about it being up on the auction block.there is talk about Wells buying them out.I know they have a a bunch of toxic paper but they still have other avenues to generate income being this is the largest S&L should I dump it and take my losses or should I roll the dice and hope it gets bought?