updated 9/2/2010 7:46:08 AM ET 2010-09-02T11:46:08

DALLAS, Sept. 2, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Washington Mutual Inc. (Pink Sheets:WAMUQ). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/WAMUQ

Washington Mutual Inc. (WAMUQ) is a consumer and small business banking company with operations in U.S. markets. The Company is a savings and loan holding company. It owns two banking subsidiaries, Washington Mutual Bank (WMB) and Washington Mutual Bank fsb (WMBfsb), as well as numerous non-bank subsidiaries. The Company operates in four segments: the Retail Banking Group, which operates a retail bank network of 2,257 stores in California, Florida, Texas, New York, Washington, Illinois, Oregon, New Jersey, Georgia, Arizona, Colorado, Nevada, Utah, Idaho and Connecticut; the Card Services Group, which operates a nationwide credit card lending business; the Commercial Group, which conducts a multi-family and commercial real estate lending business in selected markets; and the Home Loans Group, which engages in nationwide single-family residential real estate lending, servicing and capital markets activities. In September 2008, it filed for Chapter 11 bankruptcy.

Message Board Search for WAMUQ: http://www.boardcentral.com/boards/WAMUQ

In the report, the analyst notes:

"A U.S. judge on Tuesday rejected a request for class-action status by First American Corp shareholders who said the title insurer's stock fell amid accusations the company colluded with WAMUQ to fraudulently inflate home values. U.S. District Judge Lewis Kaplan said there was not enough evidence to show that the alleged collusion by First American and its eAppraiseIT unit significantly changed the "total mix" of information about the company, and might have dissuaded reasonable investors from buying the stock.  

"WAMUQ is not a defendant. The case was brought by a Pennsylvania pension fund, Berks County Employees' Retirement Fund, on behalf of shareholders who invested in First American between April 2006 and November 2007, when New York Attorney General Andrew Cuomo sued First American."

To read the entire report visit: www.microstockprofit.com/lp/WAMUQ

See what investors are saying about WAMUQ at penny stock forum

Get breaking news on WAMUQ at http://thestockmarketwatch.com/

MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com 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 MicroStockProfit please visit: http://www.microstockprofit.com

MicroStockProfit.com Disclosure

MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com 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. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.

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