Question:

Is Washington Mutual (WM) a buy?

by | earlier

You may think I am crazy..but it's in 3 dollar range per share now

Tags:

Report

Answer The Question I've Same Question Too

Sort By: Date | Rating

**** at this rate who knows...the Fed seems to hand out money to any depositer these days...
Report (0) (0) | earlier
No, You do not know what will happen soon with all the banks shutting down and the credit crisis is in full swing.
Report (0) (0) | earlier
Don't ever try to catch a falling knife. WM is over. if it reaches lower than 2, FDIC will intervene
Report (0) (0) | earlier
Just because a stock is cheap doesn't mean it's a good value. I'm sure many WM investors were thinking the same thing when they bought it for $5/share. However, a dead cat has to bounce at some point so if you're the gambling type, why not.
Report (0) (0) | earlier
No, don't do it.
Report (0) (0) | earlier
WM will most likely follow Indy Mac very soon. And it will not be the only one either.
Report (0) (0) | earlier