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had to look that one up. http://en.wikipedia.org/wiki/CUSIP
but I agree, drip drip drip.
I just voted on another computer ....we're at 43% nice!
http://seattle.bizjournals.com/seattle/poll/index.html?poll_id=18661
Dont let the REDtoday fool you. As many posters have mentioned and I agree...many mm's selling to themselves and consolidating. We can't even look at the short list this Jan 15th because it's 15 days behind, the 3oth list will be intresting to see. If we even get that far!
GO wamu!
longs know this is classic wamuq activity..... down on almost 24M volume.... hmmmmm makes you wonder.
especially with B vs S almost even.
i think when the smoke clears she should write a script and make a movie! Maybe that should be our next investment in vegas!
GLTYA . GO EC, GO THJMW
great read! thnx
that was from yesterday...still waiting on approval from wlwrath
well, this is why we're here right! Props to us longs that called this all along (not including me, I was skeptical for a good 8 months into it) Props to Diamond that never faltered, ABIGHAMMER, FSSHON among others that kept the positive side at all times.
daily pps can kiss my a**
I got my tickets! if they end up worthless, I still made money, cant say that about many tickets!
GO EC!
Nice have them write a check payabke to: WMI debt settlement claim: c/o :pay the commons!
I have been here for 15 months, I bought at .01 I know.
My point was REal claimed JPM was tanking, hardly at 3% loss, in comparison we are tanking 12% loss. Just making the point the the word tanking is thrown around boards a bit to lightly.
in regards to wamuq....This means nothing, I have been here for the long haul and will be or until it pays or dies!
go wamuq
really ? tanking? they're only down $1.5 i wouldn't say they're tanking...we are though....
ok... really no disrespect, but do some reading before you ask these questions:
start here:
wamustory.org
then go here ghostofwamu.com
put 20 Hours of research and you will have your answer.
or would you buy based on what I say if so then this stock will be worth $12.00 IMO
good luck
EC lawyers have until Jan 21st, 2010 to file an objection to WMI motion to dismiss (per ghostofwamu.com)
I don't think we will see much action unless THJMW rules on something. It's very clear why she hasn't ruled on the 4B. Settlement talks were ogoing as many of us beleived.
Saddle up and hold on until Jan 28th BIG DAY!
buy on the cheap.....GO WAMUQ
on the EC commity: Joyce Presnall: belongs with http://www.wamuequity.org/
NICE!!!!! we got representation!
GO WAMU/GO EC/ lock up DEMON!
he could motion to dissolve, but has no grounds, or at least very shaky. Positive equity is just around the corner and Weil and UST know this.
IMO
i assume it is like a jury selection both attorneys have to agree. An EC comes with plenty of power so if I were Weil and Debtors, I would want to be a part of that selection. what if JW showed up to be a part of EC....lol OUCH!
IMO
we should all sign up for twitter....wamuvodoo can claim he represents the 100's or more here on ihub!
WOW ....no one gets away with anything here LOL. I don't beleive much in the author himself, but he does strike a good point let's at least give him that!
GO EC
Not enough volume to break that .19 resitance.... we need news. probably nothing this week. Go ahead and play mm's, flippers and such. I wanna beleive THJMW will rule on the 4b from the bench before the 28th. JMO
well, thewebsite looks like the do it yourself websites you can create. At least it's a positive and differet outlook. But I agree, 5th grade voabulary!
we really don't need the play by play, all we need to know is EC is formed approved and ready to sit it on any discussions from here forward!
go EC. Go wamuvodoo!
yet pps dips.....crazy! but welcome BIG BOYS!
that dude is in the wrong place. Does the Double tree have a court room. LOL
where is wamuvodoo ....check in damn it
good article....differentpoint of view. But the moral of the story should be not to trust bankers period.
GO EC >>>GO!!!!!
Wamuvooodo should send his report to Kristen Grind! BAM
run JD...run!
I agree with that motion, however that's not in hos best interest. He wants to run the show....and make sure it drags out for a long time.
Great point! I agree that his (weil)objections are purely selfish, in that respect. It's hard to run a ship with 2 captains. Or at least having the general look over your shoulder> LOL
but wouldn't that p[ercentage be more favorable to commons assuming the conversion would avoid liquid cash buyout. The commons would now see a sudden A>L in their favor.... I haven't researched this scenario but I am doing so ...get back to you rramirez
well now we know "west" is in fact confirmed referring to wamu. (not that there was any doubt) LOL you would think they could be a bit more sneaky....
dude...no offense...but take about 20 hours of reaerch on this board, wamustory, yahoo board, and even google it for godsakes!
i think we already suspected this, but confirmation:
We served the top ten holders of equity securities in each of three categories: common stock and the two preferred series (separately). Due to certain concerns and restrictions, including issues relating to distributing personally identifiable information outside of our office, we are not in a position to provide you with a list of the names of the entities that were notified of the formation meeting. We note that, on the date the solicitation of interest was mailed, the notice and questionnaire were simultaneously posted on our office's publicly-accessible web site (see http://www.justice.gov/ust/r03/de/org_me...
Sincerely,
Joseph J. McMahon, Jr., Esquire
this was from yahoo board...so much for knowing top 10 lol
are you sure you want that exchange? what if the common end up settling for .40 ....(not going to happen) but it's far fetched. They could be converted into new shares if the settlement provides for that (per FISh) , but that would mean more out of pocket cash for jipg/fdick, I just don't see that happening. IMO
that is pretty far fetched.... no way of knowing that. My hunch is the P's will get converted to JPM prefferds as will the k's to match the JPM class. They avoid the dividends and and not have to come up with the cash. then hopefully settle with the commons as they did with bear stearns.
http://www.allbusiness.com/banking-finance/financial-markets-investing-securities/11398045-1.html
all IMO
To the flippers: I'd buy back in before the weekend. THJMW could easily rule from her desk over the weekend... and that would suck to be out. JMO. Yes, we thought she would had ruled by now...but Judge Colleyrs just opened a door that might seal the mm's and flippers.
Not saying a settlement is likely right away, because the fdick and JPIG will probably appeal and force this out months again....GO WAMU EQUITY! GO EC
one poster had predicted the pps movement today and was right on...but the again, it seems pretty easy to predict these days.
Although the news yesteday is great, we still need the big boys and they wont buy until the path is a bit more clear even if the pps is at $2, $3 or even $4.
LOng and Strong!
IMO the plan was to reorganize the BK and cover all the bondholders and creditors and possibly P's and K's and possibly settle commons for pennies. Once a settlement was reached with JPM the new holding company free and clear can go after the FDIC without debt... not sure if that makes sense... ok I'm off to work....with a smile on my face.
GO EC/THJMW
No JHD now it's GO EC/THJMW ...LOL
i would think if there was a filing by the debtors it would be on the Kcc...it should be treated as any other filing right?
GO EC
the debtors submitted a list of shareholders, we should be able to see that filing....damn!
Well we have to give Weil credit for taking us this far....BUT NOW move over EC is in charge!
good thing for EC, now it's very clear they wanted equity wiped out, at least commons.