Thursday, September 11, 2008

WaMu Falls Below $2

That's $3.5 billion wiped off of WM's market cap.

It's never a good sign when the graph has to compress the y-axis to show how far a stock has fallen:

So much for Yang's old stock options.

2 comments:

Chuck said...

The compression actually didn't do much to distort the chart.
Check out the same chart with the Y-axis on a linear scale. The nosedive was too recent to be compressed.

http://ichart.finance.yahoo.com/z?s=WM&t=5y&q=l&l=off&z=m&a=v&p=s

Yang said...

That one looks nicer