Friday, September 26, 2008

The Motley Fool puts me in my place!

I don't own any WaMu common.  I do own the pref - and there is a reasonable chance that will be wiped out.  

The Motley Fool knows what it thinks of me:

The truth is, no one really knows what the future of WaMu will be, only that it'll likely be decided within the month. If you're into big-stakes gambling, WaMu's for you. If you have a sliver of financial responsibility in you, enjoy this show from the sidelines.

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The content contained in this blog represents the opinions of Mr. Hempton. Mr. Hempton may hold either long or short positions in securities of various companies discussed in the blog based upon Mr. Hempton's recommendations. The commentary in this blog in no way constitutes a solicitation of business or investment advice. In fact, it should not be relied upon in making investment decisions, ever. It is intended solely for the entertainment of the reader, and the author.  In particular this blog is not directed for investment purposes at US Persons.