Beacon Equity issues Technical Trading Overview for Washington Mutual Inc.
The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
(EMAILWIRE.COM, October 01, 2009 ) DALLAS, Texas - BeaconEquity.com announces an investment report featuring mortgage investment company Washington Mutual Inc. (OTCPK: WAMUQ).
The investment report on Washington Mutual Inc. (OTCPK: WAMUQ) should be of particular interest to other mortgage investment companies: Annaly Capital Management (NYSE: NLY), MFA Financial Inc. (NYSE: MFA) and Redwood Trust Inc. (NYSE: RWT).
It is available at: http://www.beaconequity.com/i/WAMUQ
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
Washington Mutual Inc. (WAMUQ) engages in consumer and small business banking . The Company operates two banking subsidiaries in the United States, Washington Mutual Bank and Washington Mutual Bank, as well as many non-bank subsidiaries. The Company operates a Retail Banking Group in the states of California, Florida, Texas, New York, Washington, Illinois, Oregon, New Jersey, Georgia, Arizona, Colorado, Nevada, Utah, Idaho and Connecticut.
Message Board Search for WAMUQ: http://www.boardcentral.com/boards/WAMUQ
In the report, the analyst notes:
“The Company operates in the U.S. region especially hit hard by the turn down in economic activity, employment and asset prices. Operating under Chapter 11, the Company's poor performance is expected under the economic circumstances besetting the United States.
“Moreover, recently released data revealing record credit card defaults is only the tip of a bigger not-yet-resolved credit contraction and default environment in all segments of the U.S. economy. The next wave of trouble in the banking sector will come from mortgage resets of alternative -A (alt-A) residential mortgages and stealthily climbing default rates in the commercial mortgage market.”
To read the entire report visit: http://www.beaconequity.com/i/WAMUQ
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
The investment report on Washington Mutual Inc. (OTCPK: WAMUQ) should be of particular interest to other mortgage investment companies: Annaly Capital Management (NYSE: NLY), MFA Financial Inc. (NYSE: MFA) and Redwood Trust Inc. (NYSE: RWT).
It is available at: http://www.beaconequity.com/i/WAMUQ
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
Washington Mutual Inc. (WAMUQ) engages in consumer and small business banking . The Company operates two banking subsidiaries in the United States, Washington Mutual Bank and Washington Mutual Bank, as well as many non-bank subsidiaries. The Company operates a Retail Banking Group in the states of California, Florida, Texas, New York, Washington, Illinois, Oregon, New Jersey, Georgia, Arizona, Colorado, Nevada, Utah, Idaho and Connecticut.
Message Board Search for WAMUQ: http://www.boardcentral.com/boards/WAMUQ
In the report, the analyst notes:
“The Company operates in the U.S. region especially hit hard by the turn down in economic activity, employment and asset prices. Operating under Chapter 11, the Company's poor performance is expected under the economic circumstances besetting the United States.
“Moreover, recently released data revealing record credit card defaults is only the tip of a bigger not-yet-resolved credit contraction and default environment in all segments of the U.S. economy. The next wave of trouble in the banking sector will come from mortgage resets of alternative -A (alt-A) residential mortgages and stealthily climbing default rates in the commercial mortgage market.”
To read the entire report visit: http://www.beaconequity.com/i/WAMUQ
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. BeaconEquity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Contact Information:
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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