TimButler

WaMu: Intensification of Stealth Buying

Superb, insightful article. Interesting contrast with today's other WM piece on the resumption of short selling in the wings.

I do hope WM has fully come clean, and surprises to the upside in October. Nous veron, as the French say.

With the strong retail franchise and deposit base, and book value at ~$15.35 per share, there is a lot of upside if WM is really clean, relatively speaking of course.

Thanks for sharing your hard work and insight in this forum.

Sadly, Seeking Alpha has become 90% junk or regurgitated crap, whereas your piece is rich, substantive, insightful, and clearly opinionated, which I think is always a good thing.