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Merry Xmas to you and to all fellow longs! another year...who knows maybe this will be our year.
GOOD MORNNG TO ALL> I've been working so i have been MIA. What's the sccop? any EC yet? List of stock holders release?
Agreed. My point is; we will always be last to know thats for sure.
part of the reason is because EC was denied in January of this year and if you heard the court, WMI attorneys had been contacted by the us trustee on numerous ocasions. Just cause this is the first we hear of it doesnt mean they sat around for 16 months not attempting to form and ec
I called in Today and heard first hand what was said. I don't understand the fear that made flippers and itching fingers run for cover. WMI lawyers sounded irrated with the EC trustee. As he stated they had contacted him numerous times, so to me, the response is exactly what we already know....yes, as it stands this INSTANT there's nothing for sharesholders, or even creditors at this point. DUH!
Weil was irritated because he doesn't see the point of an EC at this time, and I somewhat agree. WMI attorneys were hired to recover it's assets or at least get full value for them. At that point we can talk about were the monies get distributed.
It's kinda like the dreamers on this board talk about how they will spend the money they don't have yet.
I'm not saying commons will make a fortune, or even recover...but there's a very good chance they will. The claims that were filed on monday are HUGE! the 4B is chump change and we already knew that. I could care less if Walrath grants summary judgement. I'm hoping she doesn't. If it goes to court 3X value. So let this pile on, let this court case take longer... let the bashers bash, the flippers flip and the makers make. Lock it and load it in the end if you bet what you can afford to lose, then you really haven't lost.
Stang strong longs.... as we saw this week this stock is AWESOME, you can predict its rise and drop and make some good money while holding most of your position.
But what the hell do I know. I'm riding freeshares.
GLTA
i don't think they care. They just make their 8-10% and get out. Can't blame them really. If I hadn't followed this for a year and a half I would be flipping too.
Let them play. Our day is just around the corner, I think we maybe rounding it real soon.
go wamu
damn mm's pushed back hard there...these damn penny trader, profit takers....let it fly boys
fellow wamuers. I'm hopeful that we will continue to see green, and after all it's xmas. The only red I want to see tomorrow is on JPM stock LOL
i think the mm's are counting on us flipping so they can ride it down. I may sell some only if we break .30 but I wouldnt trade more than 1/3 of my position. NO WAY
thanx zilla> NIce they're holding strong
american Funds? whatever happen to them do they still own wamu shares?
Pereffered can be converted to commons....let's n ot forget that.
I'm not a basher. I was among you the stupid investor tht bought into 7-10 day thing without really doing some real dd
I sold at what a bought more than a few months ago. I'm glad I did. I check in every once in a while in hopes ou guys could at least get out. No such luck. This comapny is a sham. I'm sorry for your loss
IHUB top list again. Nice Go wamu
would love to see JPIG drop under 40...not that it would make a significant difference, it's just a personal preference. down baby down
nah just my opinion
IHub and private investors probably only represent 5% of this stock. I can assure you no one here is flipping at least not the long.
go wamu
OUCH... i'm glad i sold at .007 what happend?
you have been hearing? one bone heads writes an article saying that commons wont recover and you focus on that. I dont even beleive there will be a settlemnet as this dude claims. JPIG took it this far, they will drag it even further and then just blame the FDIC IMO
You're right on, but one thing that this stock doesnt have is consistency. it is so unpredictable. One thing is for sure if ec gets denied and no sj tomorrow, this thing will drop like a rock...the mms will short it back down until Jan 4th.
If it gets to .30 again I'm seling 50% of my position. I'm not gonna be stupid this time like when it went to .44
i hate making predictions, but i think we will eclose at these levels .16-.165 IMO
I think we may blow through 40M shares today? hmmmm what's the overall buys vs sells? anyone?
Great Post! this is pure mm games. They are gonna ride this up until tomorrow and back down until we get sj or some other big news.
I'm going to work. Greeen is good . GO wamu
One article didint produce this run. This is accumulated shares by the market makers.
Green today on little volume, red yesterday on 20M volume .....hmmmmmm can you say: COVER, or more like run for cover. LOL
when evil acts are performed..... there is always a trail.... and in this case ....BYE BYE JD
oops they thought deleting emails would help LOL
Well, it seems that delay is the main event here. I'll go ahead and flip this a few more time I guess.
LOL
I find it interesting how the creditors just go along with delays BK courts usually want to resolve quickly. I can say that this is the weirdest BK court I have ever seen or heard.
2012 it is.
Go wamu
Funny how with 850 pages of submitted accusations, the only concern her is wamuq pps.
I'm not worried.
Our time is coming.
go wamu
I just submitted this news wire to the associated press! Plz submit as well they cant ignore us all.
I also sent link to the filings.....JPIG you had your chance to settle. It's ON NOW
this is their email address.
info@ap.org.
Shorties slowly covering as to not cause a run.IMO This is big news, many accusations here, although all of them may not stick, I'm sure they wouln't have been put on paper if some proof was not obtained.
In regards to settlement. Not happening! Jpig would have been shown these documents before being filed. And they would have tried toi settle at that point. It's called disclosure. IMO no further settlement talks will be on the record.
JPIG is taking this all the way, because like the rat bastard he is, he will simply turn on sheila a point his great big "demon" finger at the FDIC.
This is long haul people. Front row tickets for sale....step right up, get your tickets to the greatest sho on earth.
GO wamu
REALLY, do you need a bigger kicker than what's been filed? Did I mention this is huge? lol....ok I'm off to bed. tomorrow we'll all be slighty richer, thats a fact!
just dont get hammered, tomorrow should be interesting! BURN SHORTIES ....BURN!
me too. I will sleep with a smile on my face!
I's begining to sound a lot like xmas......
it's the most wonderful time of the year......
bigtime. especially because it's mentioned in this latest filing.
THIS IS HUGE! did i say that yet? lol
Ok.We will see green for a while, unless SJ goes unresolved and gets set to trial, which in the ned would fair better for wamuQ
Jamie...Weil is coming to get yoe, the walls are closing in.
I'm no longer satisfied with a Settlement. I WANT JD IN JAIL!
I think we'll see a HALT this week.....who's with me?
here here JHD! In the words of Paul Giammani in the movie cinderella man: "get in there and bury em' "