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$0.08 -0.01 (-6.98%)
10/10/2008 4:00 PM

Washington Mutual, Inc. (WAMUQ.PK)

CAPS Rating:
*

The Company is a consumer and small business banking company with operations in major U.S. markets.

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Avatar imustnotfear2 (< 20) Submitted: 5/12/08 1:53 PM : Outperform Start Price: $10.18 WAMUQ.PK Score: -62.55

From a purely technical standpoint, this stock is ready for a 20%+ run. I base this on 1) 10, 30 and 90 day slowstockastic, as well as the 2) MACD. 3) while the RSI (90 day) is turning up, it is more important to focus on recent events, such as the uptick in the Dollar vs. the Pound, Rand and Kiwi. Along with these few facts, there is strong evidence that most of the fundamental breakdowns have been factored in, and you can only kill a stupid dog once...(maybe twice with persistance). So, in short, er....after short (pun intended?) this stock is technically in Phoenix mode. J2

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Avatar klemenv (< 20) Submitted: 5/13/08 4:50 AM

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Unfortunatly fundamentals require either bankruptcy, buyout or really heavy dilution. Their portfolio of loans is scr... Check their 10-K reports.

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