Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Luckybear...
I hope your right in regards to SG having it all locked up with this insider trading allegations... It would seem as though with there silence nor there willing to hire additional expertise within securities representation.
I pray that SG has the smoking Gun to kill this mess once and for all...
LG... The judge wants this deal over... I do not believe that the hedgies will team up with Equity for a take over... I think the judge wants a deal striked with all parties and move this case over with. Now is the time to strike a deal with Hedge Monkeys, Debtors, to end this mess. A settlement that includes equity and moves this case to global settlement with all parties. Hopefully new EC members can provide reasonable sense to end this mess. Hopefully Susman has the smoking Gun to kill the Hedges and end this soon. This Silence by Susman is getting really old!!!
Susman's firm is a litigation firm... They know how to win and negotiate through trial or resolutions. I personally don't understand with the resources available to them by the estate why they wouldn't look for additional attorneys that understand the ends and outs of insider trading practices. What would it hurt to have a firm thats on your side to support your evidence. I sorry I just don't understand why all these dang hedgies keep hiring more and more attorneys to represent them. Should they not feel comfortable with the representation that they already have? why are they hiring more and more attorneys? while equity sits back and when we have the oportunity to secure more expertise.
fix... Ya I think they need to!!! if it wasn't for Thoma they wouldn't even have the opportunity with this new born opportunity to save equity... It's better to have many more eyes than just rely on your own... Look at all the assistance Susman has had with all the shareholders that have come forward with so many more positive objections for equity.... I think they should be requesting more expertise to support there allegationss.
Since all this inside trading allegations started back on Feb 8, 2011 when Judge Mary gave us the right to depo's the hedgies, I have found it strange that our attorneys, (Susman Team) have not hired other attorney firms that could assist them with determining further expertise in regards to insider trading evidence.
Look at all these four hedgies hiring attorney after attorney to defend there matter and yet we rely only on Susman Team, and Ashby Group.
I don't understand why they haven't hired specialized attorneys to assist in hammering all the evidence against the hedgies. It just doesn't add up. why would Susman Team and Ashby Group not lawyer up more for the sake of equity....???
Is it that they have so much pride and intellgience that they don't need any help.. Is it that they have the evidence already and just playing the settlement game with the hedgies.
I wish I had the answer. ...
Thanks Bet!!!!
LG... I have a feeling that this hedgie card that equity has will get them some skin in the game. I don't think they will ever get control, but will settle for a reasonable settlement number as to why you see new EC members...
Yanik... I follow your same way of thinking on that... No Guts No Glory!!! I will be by your side till the end battle....
Keep in mind that this is the second time that Owl Creeks Depo's have been rescheduled...
NO depo's means NO possible Jail Time for the Crooks....
A Deal must be struck with equity..... IMHO
second amended notice of deposition on Owl Creek just hit pacer...
Booom
If Judge Mary felt that this further discovery on Nate Thoma was necessary by Apolossa why hasn't she signed the order...? why delay such a decision, she knows that objections are due by May 13th and confirmation hearing is fast approaching on June 2nd and you would think that in order for everything to move forward she needs answers in regards to this insider trading allegations against the SN's.... There is so much going on and so much that needs to be cleared up that this silence by Susman team doesn't add up.... The silence echo's loudly throughout all involved!! it's driving many stir crazy on these boards, it must be driving the debtors insane.... To many things don't add up, and it would seem that we must chill and wait and have confidence in our team... Many of us who post daily on these boards really know the in and outs of this game that is being played by all parties... Any new investors would stir away from this mess as it's seems so clear to possible confirmation. I for one will continue to stay positive and see the glass half full even though I must say the silence scares me.... I will put my trust in our team and will consider the silence as a weapon to defeat evil...
Happy Easter to all my WAMU Family!!!! Enjoy your family's this Easter Weekend....
Wow... I can't believe that someone on Y posted that Willingham will be resigning from the equity committee next week. How is it possible that some idiot would post such a thing... Hell we are all here trying to speculate different scenarios and this poster just out of the blue would have such inside information... this whole WAMU land has gone stir crazy.... I don't know what to believe or who to believe anymore. All I can say is that I'm in this until the end game!!! I have waited this long and as Vodoo has said... I have already prepared myself as if my investment is lost. That saying I personally feel that equity will receive something... Unfortunately I don't know what that amount will be or how long will it take for this to settle.. The one thing I'm sure of is that nobody will be buying my shares cause they are not for SALE....
thanks Vodooo for clearing things up... this play is making me go crazy....... thanks for putting it in perspective.....
The big question I have is why is only Apoloosa going after Thoma? Why haven't the other three hedge funds asked for the same discovery on Nate....
Nate Thoma is definately the Robin Hood of the WAMU Community!!! Thank You....
the only thing I can say about all these delays is that it's given me the opportunity more P's, U's than I could ever imagine... I will be living on a huge Texas Ranch with lots of roping horses or my life will stay the same, with just living a decent life...
i just asked about the appointment of the new equity committee members.. why ask and you shall receive.. thanks
Ya after 3 years it's got to come sooner than later....
In my opinion settlement is near but not after this holiday...
Was it ever disclosed who was added to the equity committee here lately?
I just received an email from Scottrade in regards to a Tender offer announced on WAMPQ...
The above-listed stock is part of a non-mandatory reorganiation or tender offer, which expires on 5/11/11.
It says if I expect to except this offer I need to contact scottrade no later than 10 am on 5/11/11
hmmmm
I'm sure the hedge monkeys want to depose Nate Thoma so if he has the goods they can get the judge to seal all doc's that Nate may have that will incriminate there asress... I don't know just a guess....
When's the last time someone heard from Thoma? looks like the Hedge Mafia is looking for him all over the place..... Hope the guy is ok... Has anybody heard from him lately? its been several months since I seen him post on the Y board...
Why isn't Appolossa threatening JPM? as Mr. Thoma mentioned as we was speaking in court he was not the one that initially suggesting inside trading by the hedgies, it was JPM......
Strictly speculating that a deal may be in the works, with no guarantees that the parties can come to an agreement. If both parties or all parties can't come to any agreement within a couple weeks, then the depositions proceeds and this could be very hurtful for hedgies.
Plus time is running out with the objections due by May 13. Susman must feel very comfortable with what he has to agree to push the depos so close to the objections being due.
I see a lot of finger pointing going on and some getting ran over the bus so there will be no depos.. My two cents...
Relentless... Its called settlement!!!! debtors don't won't to give up control until they have a settlement in hand with equity... its that simple....
Very good point Fletch....
It obvious reschedule all four depos for the hedge monkeys means they are likely working on a deal which will require more time and obviously has gotten the attention of Susman team to agree to the postponement. thats my take... it would have been different if one or two depos got moved but all three that's a positive pattern in our direction.
Na everything is very tight lip from all parties... I don't think anyone really knows whats going on as to the current low share price and volume.
William48..
#7 possible mediation discussions with TPS/equity with debtors/hedgies to receive something more than nothing. as mentioned by Mr. Steinburg at the last hearing...
longhaul.. and Roach very excellent point.. I definately would not want my money tide up with some hedgie that would easily be deposed... Screw that I would yank my money from that firm...
Depo's moved to first week on May and objections to POR due by May 13. Doesn't make sense for Susman Team to push back that far and so close to objections due date of May 13. I would guess a deal is being formulated and we may never see depo's in May.
I can assure you that Susman team is not pushing them back...
Apolossa dep pushed back to May 5th according to someone on Y
the depo"s pushed back is what was amended
Let the speculations begin!!!!!!!!!!!!!!!!
voodoo it would seem as though appoloosa is moving forward with depo manana. So the thought of possible resolution with hedgies might be out the window... thoughts?
Well that's good to know Catz... Thanks!!!
Well if appalossa goes through with the depo's tomorrow it tells me one thing....
Susman Team had the depos scheduled to close together...
Filings did mention it could take days for each hedgie...