Financial Services Question
Is Washington Mutual going to be the next one to go under?
Asked by NYInvestor in
Financial Services
one year ago
Stocks referenced: WM
Answers
127 points
kingfisher209 answered one year ago …
I would say that would be pure speculation rather than any substantial facts, from data points WM is pretty well capitalized and should be able to pass through this credit crisis on its own. the key is the stability to loan loss provisions and eventually that should happen sometime around second quarter of next year
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180 points
kobla answered one year ago …
Go opposite of the herd to make money. WM will be a $30 to $40 stock in 3 to 5 years
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