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Hey, Lawrence, yes thanks...all dry now! I didn't expect anything this soon, but I know some were thinking maybe the long weekend, so I wanted to check and see whether or not she was even around...
Remember, Ed Sargent thought 2-3 weeks, at best.
Hi all,
FWIW, according to the court, JMW is out today, and the entire court is closed tomorrow through Monday. Not saying she couldn't still get a decision to the court, but...
Ilene
it does seem to be breaking its trading pattern of late...but go back a month or so (?) I think we had a good strong day or two, but no follow through...cautiously optimistic here!!
I know that!! it will happen...I am hearing the tic toc getting louder... :)
I agree. I think Cruz was thinking "getting the word out about the viability of Wamu" vs pumping...but I hesitate to put words in someone's mouth...
As I said, organic...
I thought so too until the reversal at the end of the trading session...would like to see the gains stick.
looks like today could be the start of that...
honestly, I think that with a bit more volume, we'll have some volume alerts going off, which will bring more eyeballs to the stock, which will bring more investors. maybe more organic...?
Thanks Denny! We got a tiny bit of water in the basement, but other than that...feel very fortunate compared to folks in CT and VT.
Ilene
let me go back to lurking and watching!!
if I get wind of anything re decision, you can be sure I'll post it. but I don't suspect that'll happen...the market will tell us first. At this point, I believe we continue to be in stealth mode...think about how many investors/public think Wamu is a dead company...
oh touche!! wonder what the SNH's are buying these days :)
yes, I anticipate a telegraphing of the leak with volume/price.
I'm with you there...my guess is all here feel that way...
you go Don!! very funny stuff :)
this price is still a gift...and those of us here already for all this time know this, but if we can confirm a good chart pattern...we might get new folks here just for the momentum play...and that volume could have us being absolutely explosive when the time comes :)
I agree, nice potential reversal on the chart, but needs volume confirmation...tic toc
not that I see!
The day the decision came out previously, we had in excess of 5Mil volume in anticipation and then in excess of 10Mil the following day. Seems to me right now we have trading on positive sentiment, in anticipation of news, but I don't see the huge block trades I would like to see to confirm a news leak.
It was about 4:30PM that her decision came out.
Ilene
both, probably :) many thanks! eom
I know. I've been following it since before then. It still needs the finalization from the Judge...I just meant the Q as in going through the BK process.
of course! here's hoping tomorrow is another good day :)
LOL. eom
oh c'mon...now you are just messing with an old forgetful woman :)
thanks doc! over this time I've spent in court, I see each of the players and their primary courtroom personality...telling yesterday that Kostorus slunk (is that a word?) out of court, BR was waaay to affable when Parker was speaking and JMW interrupted and chastised many on the pro side, but paid very close attention in the afternoon on the anti side...all instances of non primary personas...
thank you...I firmly understand and accept that mistakes happen and there couldn't be a better group to be in front of when that occurs! I also like to joke, especially at my own expense...so this is all in good fun, except for Denny, and to him, once again I say...
its not my fault, stop yelling at me :)
thanks Strike :) its good every so often to be reminded by friends that one is not infallible!
thanks for being charitable. hate to misspeak!!
thanks...so glad to see that this is moving out of Q status intact. While there may be plenty of room to debate the ultimate worth of the company (from lots of previous posts), the fact that there are shareholders still left to debate the merits is a rare occurrence!!
slinking away to sharpen pencil...
If I mis-spoke, I apologize! I was answering the question based on your description of a TPS attorney who was louder and argumentative with JMW. This describes Robert Starke...but I bow to all who re-read transcripts to sort out that it was Ben. I think I tweeted yesterday that he was difficult to hear (actually all the pro se folks were...and I was quite weary!)
I withdraw my answer...head hung in shame...
hey, its not my fault...quit yelling at me or expecting me to do anything about it!! LOL
you're so right...the new American way.
Hi PR :) Thinking from the chart and anticipated news that we'll have lift off soon here.
I thought it might go today...but it stopped rather dramatically after rising a bit too quickly this morning. Tomorrow's another day!!
thanks :) eom.
It is nice to see it rising!! And thanks :)
Robert Starke from Brown Rudnick, and he has generally enjoyed a good relationship with JMW. From her face, my takeaway at the very end was that their exchange bore more thought on her part.
Don,
I love this summation you did and believe, as you state, that JMW has been willingly schooled recently and the three main players (and the second TPS attorney) delivered the goods yesterday in a way that paints a big red bulls eye on the foreheads of many on the other side of the room.
One way or another, this story will come out!
I agree. I'm in BK court all the time, and this is a 10 minute procedural signing off on the final order. If it had been moved by QSGI for any legal reason, they would've filed and it would show up on the docket.
I wasn't timing him, but I would love to know how long he actually spoke...if you remember..at the beginning of the hearing, he had given 10 of his minutes away!!
He was so forceful...a real performance.
I agree w that parenting attitude!! eom