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Any one like WAMU wm

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Posts: 2

brooklyn1

Veteran

Joined: Dec, 2006

Posts: 2348

Posted: Jul. 21, 2008 - 12:52 AM ET #1

bought wamu at $4 last week up to 5.92 ...any thoughts?

wallstreetcappers

Covers Linesmen

Joined: Feb, 2003

Posts: 58464

Posted: Jul. 21, 2008 - 1:04 AM ET #2

I would hold it with a stop at 4.50 or so, that gives you a chance to move higher yet not give back some sort of gain.

Not sure how much you invested, if it is a big trade or the money is important than use a tighter stop, like 4.95 or something.

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Any one like WAMU wm

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