bankruptcy washington mutual
I own 320 WM stocks, what will happen to them now that Washington Mutual has filed bankruptcy?
Will i lose all my money? I figured the purchase from J.P. Morgan would boast the stocks up a little.
WM stock has been halted since this Am.
Last trade 16.4 cents per share down 90.3%
When it reopens, if it reopens, the stock may trade until it hits the pink sheets. However the longer you hold WM, the stock, bonds, and preferred stocks will all be wiped out.
