Tuesday, April 8, 2008

WaMu

Not sure exactly how they work but it would seem to me they would be up if the stock went down, right??

1 comment:

Goldfinger said...

Well that's generally the idea. Thats why I'm kinda scratching my head. Of course, considering that they lost $1.1 billion in Q1, are closing 186 offices, are being diluted by nearly 50% and are cutting their dividend by 93%; I really dont see why they are trading much over $10.00 in the first place. But whatever...