This morning WM Washington Mutual Shares are up about 6% to $3.00 per share in Pre Market trading. WAMU has been feared of going out of business along with LEH Lehman Brothers. There are talks that Lehman night get bought out by Monday and I think this will cause a spike in WM shares. High risk though, but keep an eye on this situation!
Shares of WM are also up because Goldman Sachs ( GS ) is coming out this morning and upgrading Washington Mutual from Sell to Neutral.
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