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why are we looking at the daily PPS. The longs know we sat on on .10 for months on end and it simply blew up on mere speculation. This will sit at these levels for another few monhs or at least until judge rules. IMO just buy more, even a few hundred shares at a time. you'll thank me when its all said and done> My position is now: 1.1M shares! and I keep adding. WE CANT LOSE PEOPLE! This has gone in wamus favor everytime, we shouldnt be worried.
JMHO
Notice on page 35 of this document: Purchase Price heading....it doesn't fomulate a number or price it simply denotes book value and or market value: well, "credit card services" it claims book value: Providian is worth 9.9B (book value) so how they hell do you justify 1.9B for the entire bank. This document will haunt the FDIC or JPM becuase no actual number values are entered. Market and Book values need to be determined by an outside party. Worse case Wamu's liquidation price should be at least 25B if I have dome my math correctly.
FDIC you're going down!
Go wamu
all in my opinion.
they cant transfer what they never recieved.....FDIC were coming to get you too! sheila? where are you?
im sure there's some automation to their massive holdings, but I can assure you their are people looking at this every minute.
Funny how there's no mnention of Wamu. But i'm sure he's tired of hearing "to big to fail" it's all over the court precedings...LOL
Dimon, just go crawl under a rock...were coming to get you dimon, were coming!!!!
Judge MAry: Do the right thing, no need to take your ruling into next year! DO IT!
thanks DR. I am not suprised at the pps then, still a high number of shorts. Interesting how they have no fear of this blowing up. They walk it up and down as they please.
I really can't grasp the interest in this stock of the mm's ( I get it it) they make money on the way up and on the way down. But I wonder why is this stock so manipulated? Especially given the risk that it can shoot up at the blink of an eye. Just wonder why this particular stock is played with so much. Makes you wonder that JPM somehow has to be involved in keeping this at these levels. It scares away large investors. JMO
Short Report: Is that out yet? dRRUGBY?
Jestiron: sorry buddy< i didnt want to go without amswering. NO worries though. Let me know if you get to the bottom of it.
Jestrion: i dont haver PM, so I will answer on the genearl board.
the reason you dont see TPG on that website is because that shows mtutal funds.
Otherwise it would show our holdings as well.
and even if TPG no longer holds, who cares wamu wil win
GLTA
just buy 50% now you it will go to .119 ...thats what usually happens when you wait for an entry point. LOL or the worse case: POP and you're out GLTYA
The Biggest Banking Heist in World History: Washington Mutual
not sure if this had been posted but interesting read:
link: http://www.marketoracle.co.uk/Article13894.html
After patiently waiting for one year but with no news from the SEC regarding indictments for what I consider to be have been blatant insider trading; an illegal and inappropriate seizure by the OTS (really the FDIC); and a unified illegal takeout of the stock via naked short selling, all combined with this insider information, I am now releasing this report to the public.
I want you to see what happened.
I want you to carefully follow the course of events.
Then I want you to ask yourself why the SEC failed to make any charges. Finally, I would like you to send this to the White House, the Attorney General and the Congressman and Senator of your choice.
In this complaint, I discussed how the banking cartel took WaMu down illegally and (most likely) conspired via naked short sales, knowing that one of the members of this cartel would be able to buy up their assets at pennies on the dollar.
As it turned out, the WaMu asset “giveaway” for less than $2 billion to JP Morgan represented the second banking heist JP Morgan negotiated from the FDIC in six months. Strangely, these also happened to be the top two banking heists ever.
I also discussed the role of former SEC Chairman Chris Cox in facilitating these actions, which might explain why the investigation never went far.
Finally, I discussed the role of Shelia Bair and the FDIC in seizing WaMu, despite official statements that the OTS (Office of Thrift Supervision) seized the bank. Perhaps this will eventually surface down the road just as previous claims I made of the Federal Reserve and Treasury Department forcing Bank of America to buy Merrill.
As you might recall, I was the first person in the world (as far as I know) to report on the forced bailout (disguised as a buyout) of Merrill Lynch by Bank of America. My article “Bailouts Disguised as Buyouts” was released within days of the September 2008 deal announcement, just a couple of weeks prior to the WaMu seizure. http://www.avaresearch.com/article_details-86.html
Thereafter, I did not see or hear anyone mention the possibilities I raised. Recently we have seen this was spot on. No one picked up on this until after Paulson and Lewis started with their he-said she-said speeches in 2009.
Anyone familiar with my track record knows it is unmatched.
http://www.avaresearch.com/article_details-341.html
Thus, when I raise what I feel to be critical issues, they should be examined carefully, as my insights and vision through this economic collapse have been spot on. In fact, I have recently offered a $10,000 reward for the person who can identify someone who can match my track record.
http://www.avaresearch.com/article_details-385.html
Prior to my attempts to get the truth out, I had discussed the details of the WaMu seizure with a reporter from a very prominent newswire service. He informed me that prior to the official announcement, a WaMu executive told him that the seizure was "politically motivated." This made perfect sense to me because I could find no evidence of insolvency.
Remember, several days prior to the seizure of WaMu, the OTS stated that after their in-depth review, the thrift had no need to raise further capital at least throughout 2008. In large part this was due to the $7 billion loan made by Texas Pacific Group in the spring.
That of course brings up another point to consider. You would have to assume that a big and well-established private equity firm like TPG would have done a huge amount of due diligence on WaMu before handing over $7 billion in the midst of the banking collapse. Remember, TPG made this investment only a couple of months after the collapse of Bear Stearns. It is highly unlikely that a firm as big as TPG would never make such a huge gamble without being prepared to invest more if needed. But what if TPG didn’t have a chance to come in and supply the sufficient funds required for solvency? This is in fact the case.
Despite the seal of approval from the OTS, only a couple of weeks later, according to official reports, withdraws of only $16.7 billion (out of total deposits of over $200 billion) within a two-week span occurred. This was the official reason provided by the OTS for WaMu’s alleged insolvency. Are you kidding me?
If in fact WaMu somehow became insolvent in such a short time frame after the public announcement of the official assessments by the OTC, someone from the OTS should face criminal charges due to incompetence for misleading shareholders.
So I wrote up a brief summary of my findings in a complaint to the SEC which included what I believed to be clear signs of massive insider trading. When I looked at the chart, it was obvious insider trading had occurred in a massive scale. But I knew there was much more to this. I knew it was even larger than the Bear Stearns heist.
After all, the initial naked short ban list in July 2008 left out the three financial firms in most danger of collapse at the time – Washington Mutual (WM), Wachovia (WB), and E-Trade Financial (ETFC).
Excluding Fannie and Freddie, the remaining firms on this list had a short interest ratio of between 1 to 3%, which is standard for most securities. In even under bullish market conditions, most stocks typically have from 1 to 3% short interest for a variety of reasons.
In contrast, WM, WB and ETFC had short interest ratios ranging from 15 to 25% and had early signs of financial problems. Short interest ratios this high indicate a strong bearish sentiment, as this range represents a large number of shorts relative to the float.
Furthermore, these firms were in no where near the financial trouble (at that stage) as were WM, WB and ETFC, in part due to the fact that they had not yet been shorted. Please check back to verify this because I know it to be true for a fact.
I’ll go ahead and make another assertion which I am willing to stake my reputation on; SEC Chairman Christopher Cox basically signed off on this list after having it handed to him by then Treasury Secretary Paulson.
Soon after the bank seizure, I was on the phone contacting the OTS and FDIC to get some answers regarding the seizure of WaMa, the ombudsman kept deflecting my questions and passing the buck to others. I insisted a disclosure be made of third-party audited financial statements be issued to at least shareholders proving insolvency. Most notably, officials at the OTS were most interested in finding out who I was and whether I had a website. This seemed very strange to me. Meanwhile, the FDIC ombudsman continued to provide answers that were distractions – a tactic typically used by politicians and other deceitful manipulators. After realizing his tactics were not working, he hung up on me.
Once I told them who I was and my intentions to expose their role in this huge cover-up, the FDIC (as I later found out) made a call to federal agents to pay me a visit. And that they did. Soon after, I found myself in an interrogation room. Let me be clear, the FDIC ombudsman is lying crooked SOB and is guilty of providing baseless/false information to federal agents. This man should be locked up in jail.
It appears as if the FDIC misused its federal authority to put some heat on me by informing the FDA terrorist division that I was a person of interest to question regarding the white powder mailings sent to JP Morgan and the Federal Reserve. Yes that’s right, I said the FDIC misused its federal authority. You see, despite the claims made by Shelia Bair and others, the FDIC is not really an independent insurer. They are really a branch of the U.S. Treasury, which might explain why Shelia Bair used to work at the Department of Treasury.
A few months later when I attempted to spill the beans, I emailed the SEC complaint to three reporters; reporters from the NY Times and Washington Post who I thought could be trusted to deliver the truth because they had exposed some mortgage fraud by WaMu. Boy was I wrong.
One reporter wrote it off as a “half-baked conspiracy.” He even made mention of the lack of credibility regarding the tip I received from journalist who was told the seizure was politically motivated, without bothering or caring to verify it.
I told him I had the name and contact number of the reporter, but for some strange reason, he wasn’t interested. As you might imagine, this reaction, which I deemed to be unprofessional, unappreciative and disrespectful, was dealt with appropriately. I basically put him in his place as you might imagine.
When a reporter is telling a Wall Street insider his market insights are rubbish, especially without even bothering to investigate them, it implies one of two things.
He is either a complete idiot………… or
He wants to stay away from something potentially disastrous to his career.
My guess is that it was a combination of both.
(Perhaps I’ll disclose his name if you email me, but only if you promise to email him and tell him what a jackass he is)
It was then I realized that journalists would only be willing to go after obvious fraud that everyone knew about; like mortgage fraud. They aren’t willing to uncover massive fraud that would have drastic ramifications for the biggest banks in America.
I’m a bit anxious to publish the emails from this, as well as the others I’ve collected over the past three years from the media when I tried to warn people of this mess. I’m not talking about generic doom and gloom extremist predictions that you may have come across from the media snake oil salesmen. I’m talking about specific predictions which have materialized.
Several weeks later I received a call from a couple of SEC attorneys who had been assigned to investigate WaMu fraud. They wanted to know more about the details of my allegations. What I suspect is that they really wanted to know how much direct proof I had so they would know whether or not to pursue the case; to cover their behinds. Otherwise, for whatever reason they weren’t going to pursue it. I was quite certain about that.
After explaining things, I requested to see the short interest data for WaMu in the months prior to the collapse.
Sensing these SEC officials lacked the expertise (or motivation) required to prove my case, I wanted to prove that JPMorgan committed securities fraud and benefited from this by its taxpayer-funded purchase of WaMu (which would also imply taxpayer fraud). But the attorneys refused to hand it over. Go figure.
Why would the SEC impede the efforts of the only person in the world to have spotted these fraudulent activities? Why would they refuse the assistance of a Wall Street insider, and arguably the leading expert in this mess to boot?
At the very least, in my professional opinion, there is no dispute of insider trading with WaMu. It was one of the most blatant cases of insider trading I have seen during my professional career.
By now, it should be clear to everyone that certain SEC executives are just as guilty of criminal activities as the credit rating agencies and banking executives. And yet, none of them have faced any criminal charges.
For anyone who doubts anything I say, I have evidence to back it up; including the statements made by the reporter, as well as the business card of the principal federal agent. The only thing I lack is the short data for WaMu to prove massive fraud. If I had access to short interest data from 2007 to 2008, I am willing to stake my reputation that I could prove the banking cartel acted illegally to cause the destruction of several banks.
As for the insider trading, the SEC can easily confirm this by checking data. Yet, since submission of my formal complaint in October 7, 2008, there have been no announcements of any kind related to insider trading with WaMu. I And I don’t ever expect there to be because I understand how the SEC works. I was confident they wouldn’t act when I wrote the report. I even discussed how useless they are in America’s Financial Apocalypse.
As you read the complaint, you will see how I ended it with a brief lecture on the failures of this agency. Note that a couple of months later, Madoff’s Ponzi scheme was exposed; but not by the SEC of course.
The SEC wants to stay away from anything related to WaMu securities fraud since they are partly responsible. Instead, they will distract investors by going after much smaller mortgage fraud cases.
You won’t hear any of the “experts” or pundits discuss the real issues like those I have I have described; the issues that need to be addressed, because they don’t want to upset the media. All they care about is staying within the proper boundaries as set forth by producers so they will be invited to return back on the show so they can market themselves.
http://www.avaresearch.com/article_details-338.html
All they care about is marketing themselves so they can make millions when they release their next useless book or try to get you to invest with them. They are pure sell-outs and they’re fooling you. They deceive and even lie to the people in exchange for money via increased business.
http://www.avaresearch.com/article_details-289.html
http://www.avaresearch.com/article_details-290.html
And since the media is controlled by a few individuals, you can imagine how closely aligned they are with the executives of the banking cartel - Goldman Sachs, Citigroup, Bank of America, and JP Morgan, as well as the Federal Reserve and Washington.
Most of these “experts” have no clue what’s going on or what to expect so they become marketing machines because all they care about is making money. They make money selling you an empty bill of goods.
As we all know, even most “experts” have been clueless about the economy and stock market as their track records indicate. But they don’t need to be right because most viewers have very short memories. These marketing experts make money either way while you lose. It’s all one huge marketing gimmick designed to make them rich at your expense.
http://www.avaresearch.com/article_details-247.html
Once again, it’s all about protecting the financial and political agendas of the media’s sponsors. After all, these journalists certainly don’t want to lose their jobs. And their hand-picked “experts” only care to market themselves so they can make money. So they’ll stay away from the real issues because they want to get invited back on TV again. And now the results are showing, as America’s media machine gets chopped up further each day.
Summary and Conclusions:
1.Washington Mutual was NOT insolvent
2.Blatant insider trading occurred prior to the seizure announcement, most likely involving the banking cartel and their hedge fund affiliates
3.Washington Mutual share price was taken down for several months prior to the seizure by illegal naked short sales, which SEC Chairman Christopher Cox failed to prevent. His July 2008 short sales ban list contained only 19 financial firms and only two of those (Fannie and Freddie) were in danger of being shorted at the time.
4.The Office of Thrift Supervision was not responsible for seizing WaMu. Although that is the official report, the fact is that Shelia Bair, head of the FDIC was responsible for forcing the OTS to seize WaMu.
5.To this day, the OTS, FDIC, OCC, nor any other agency responsible for wiping out WaMu shareholders has provided any evidence of any kind that WaMu was insolvent.
6.WaMu was handed off by the FDIC and Federal Reserve in an illegally devised brokered deal to JP Morgan, whereby there was no auction for WaMu assets as the FDIC claims. It was decided prior to the seizure where WaMu’s assets would go.
7.Those responsible for the biggest banking heist in history should be in prison, including but not limited to the heads of the FDIC, OTC, OCC, SEC, JPM. Furthermore Killinger should be in prison for the mortgage fraud WaMu engaged in.
8.WaMu shareholders should be able to recover 100% of their lost investment due to the illegal seizure and WaMu fraud. JP Morgan and the FDIC should be sued.
These claims I have made should be taken to be factual until they are proven otherwise.
Now have a look at the SEC complaint http://www.avaresearch.com/files/20090930175434.pdf
does anyone else have a funny feeling that ....news is about to hit. JMO
HUGE!!! can you imagine if were were in court with a JURY trial.... holy smoke the pps would be flying.
hey you! shorty! I'd run for cover if I were you......
will justice prevail? Of course we have selfish intrest in this, but really... this country needs to give the FDIC a swift kick in the A**. This kinda of power demonstrated by the FDIC is nothing short of a dictatorship! Mr Obama (where are you?)
Armed Robbery is punised severly, but this has got to be the biggest bank heist in the history of the world.
GO WAMU!
no comment. does anyone know if the short report is out yet? DR?
These pesky MM's just wont let this bird fly. Im back from the massive trigger happy ban LOL.
Lots of DD I have been reading all the posts from the sideline and I beleive we are a step way ahead. Good reserach and posts everyone.
are you referring to short list, if so Yes i'm curious to see that too
Actually you did state it was worthless, don't make me search your posts. In regards to the credit card business and who it belongs to, my point is that wamu has more assets than were lead to beleive and although no one can really predict the outcome of this case, I beleive wamu has a fighting chance, and the DD by other posters and my own prove that to me.
I don't critisize you for your stand on wamu, i just dont understand your half empty view on wamuq. Yes the dreamers can be overwhelming on this board but really i just choose to ignore them.
In regards to your position. I don't care and you can do and say as you please, obviously. I just have a hard time understanding why you take the time on this board. It seems to me your preaching to the quire here. I have my doubts about wamuq, but my optimism out wieghs my doubts.
many complain about Justice just casue they see there small invesment dwindle day to day, and I laugh and cant help but wonder , what about those that had their retirements stripped? thats the justice we need, I would give up my shares any day of the week to restore confidence back in THE US.
just IMO
GO wamu!
Im with you on that. i don't think this hearing has much in store for wamu. I stopped getting my hopes up. Been in this for a 1 year and 1 month, and I can't tell you how many times I have been disappointed. But hey, in for the long haul, riding free shares, so i cant complain
GO WAMU
wow $3 in volume> No worries guys you'll see something happen in 7-10Days!
to funny. I was just checking in since i dumped my shares months ago, and yup same ol rcch.
GLTA
Johnny, Johnny, Johnny all that does is prove even more that wamu was way undervalued, would you make up your mind? One day were worthless another day we include CC services worth 13.1B. in a 1.9B sale. LOL Nice find, that will really help in making the wamu statement that it was ripped off by the FDIC and JPM.
Keep up the good work Johnny!
P.S. I would by a few shares if I were you, and if you don't own wamuq, why are you here? That's more puzzling that your great DD
Interesting about Shelia Bair: has this been posted? If so sory for the re-post
http://www.thedeal.com/dealscape/2009/10/wamu_failed_because_of_two_ban.php
The story of Washington Mutual Inc. is a horror story for bank executives and one that just won't die. Zombie WaMu has sparked tons of class-action lawsuits, and now at least one of those lawsuits will be heading to trial. Because WaMu shareholders would not bury the bank, the Pudget Sound Business Journal dug deep into the story behind the bank's failure. The paper discovered the bank failed after two bank runs occurred last year, executives may have misled shareholders in order to build capital, and the Federal Deposit Insurance Corp.'s Sheila Bair may have been pitching the bank as a distressed asset sale as bank executives were looking for a buyer.
The failure of WaMu was ultimately due to a lack of consumer confidence in the bank. The first bank run was actually right after the collapse of IndyMac in July 2008. The bank suffered $9.4 billion in withdrawals and was not reported to the shareholders or the public because it was able to build back that capital by "luring customers through a new certificate of deposit that offered 5 percent interest, a strong return at the time." The loans were sold cheap, and another concern for consumers and even employees that worked at the bank were ARMs, pay-option adjustable-rate mortgages, according to a report by the Pudget Sound Business Journal.
But by July 2007, across the industry, big investors became alarmed by how many borrowers were not paying off their loans, and stopped buying packages of option ARMs.
The number of bad loans on WaMu's books soared, scaring big depositors whose accounts weren't fully insured.
When WaMu went under, the bad option ARM loans in its portfolio had nearly quintupled in the last 12 months to $3.2 billion.
The second run occurred at the end of September after Moody's Investors Service (NYSE:MCO) downgraded WaMu's debt to junk status. WaMu customers pulled $600 million out of the bank that day. In the next three days, customers pulled another $2.3 billion. Customers pulled out another $2.4 billion on the day the FDIC regulators came knocking.
After the Moody's downgrade, CEO Alan Fishman said he had approached Wells Fargo & Co. (NYSE:WFC), J.P. Morgan Chase & Co. (NYSE:JPM) and Citigroup Inc. (NYSE:C). Fishman was trying to sell the bank for $8 billion by the end of September, the deadline regulators had given him so WaMu would not be listed as a problem bank.
But the banks were one step ahead and knew WaMu could probably be purchased as a distressed asset through the FDIC. What ever happened next between Bair and the banks is unknown, but the report basically says the FDIC undercut the WaMu's sale process:
Bair apparently told Fishman another intriguing piece of information: She said more than one bank had called the FDIC to ask whether there would be an opportunity to buy WaMu as a distressed asset, according to people familiar with the meeting. In other words, was the government planning to seize and sell the bank? If so, potential buyers would rather wait, for the price was sure to be lower in a government sale.
What Bair might have said to the banks remains unclear, and is likely to be a focus of at least some of the ongoing investigations. Bair declined repeated requests to be interviewed about her role and decisions. The FDIC released Bair's emails regarding WaMu. They were almost completely redacted. Within days, JPMorgan Chase, Wells Fargo and Citibank stopped poring over WaMu's books.
Days later the bank was shut down, and assets were given over to J.P. Morgan. The government's action wiped out shareholders, but the FDIC's deposit fund was unscathed.
The story that the Pudget Sound Business Journal uncovers prompts many questions:
•Why was there a run on the bank by consumers whose funds would have been insured by the FDIC?
•Why were shareholders never notified of the first bank run?
•Did executives misrepresent the lending standards of the bank to build capital?
•Did Bair auction off WaMu to save the deposit fund?
•Did this interfere with the executives sale of WaMu?
These will likely be explored when a class-action suit against WaMu executives heading to trial in May 2011. The lawsuit alleges the executives committed securities fraud by misrepresenting the failed thrift's lending standards and practices; not disclosing practices such as pressuring appraisers to inflate home values; and filing false and misleading financial reports with the SEC. "The plaintiffs contend that the bank's standards were relaxed to meet consumer demand and bolster the company's stock price,"according to AMLaw Litigation Daily. The report says defendants in the case are:
Simpson Thacher & Bartlett attorneys Barry Ostrager and Rob Pfister for former WaMu officers; Ronald Berenstain of Perkins Coie for former WaMu outside directors; Barry Kaplan of Wilson Sonsini Goodrich & Rosati for former WaMu CEO Kerry Killinger; Peter Wald of Latham & Watkins for Deloitte; and Jonathan Dickey of Gibson Dunn & Crutcher for the underwriters.
The trial also is likely to uncover more information that could prompt even more lawsuits. So, in effect, the failure of WaMu could haunt the banking industry for years. - Maria Woehr
for example: diamonds great has always stood his ground and his pps makes sense, as you can se all his point are right on....but notice there is no timeline. thats the key.
Its gonna happen, we're all here cause we firmly beleive it.
have a good weekend all
yeah.... just take it in stride and the next time a poster puts up something like that, they should delete it right away. this will save the board many hours of discussion, false pumping and wishful thinking.
Im out. GLTA
GO WAMU
If we beleived everything posted on this board we would buy and sell every 10 minutes if we beleive your posts. Whatever, I know it was a blatant guess. wishfull thinking perhaps... lesson learned. move on.;
no actually we would still be red with only the 4B we need the interest and other lawsuits to come through, but the 4b would raise intrest in the stock and therfore bring more to the pps
IMO
Ok no He's right its shows negative, however if you look at total liabilities minus the shareholders equity then it's the 7B in liabilties, we already knew that!
However he pin pointed the negative and simply pointed that out.
and if he stock is worthless than why is he here. Are we to suddenly think we have been wasting our money.
My apologies Johnny you were right about the negative. but thats about it.
Fisrt of all if It's Negative you cant refer to it as EQUITY and second....you're a really bad basher, how in the hell did you come up with that number, oh wait it's just 13B less a decimal point and a negative sign in front of it. Really? you aint the sharpest tool in the shed, a tool maybe? BUT NOT SHARP!
LMAO
go wmau
no kididng! the thing about false hope is that it's difficult to ignore. No matter how much you know its BS you still want to beleive it. Sad, isnt it? damn you racer for posting that!
not the weekend, just 3 more hours east coast 6 more hours west coast...oh wait maybe racer is considering the time change....LMAO
again, nice fo us to dream, but really....I think we all know we'll wake up come monday and be talking about the 4b ruling and why its not happening.
GLTA
Well, unfortuntely i don't have the answers, however i am certain nothing will come of that 8K based on speculation, because we have tons of paperwork proving that wamu was worth 300B and definite proof that JPM offered $8.00 a share pre seizure and backup that wamu owns the 4b.
With all that info wamu is still at .14
You don't have to be a rocket scientist to figure out that it's just one more piece to file, beyond that...this will take a while. IMO
We can speculate and dream all we want ....but it just makes for depresing post when we get disappointed.
Thats all im saying.
go wamu
don't worry ..... this means nothing...you can cash out on monday but it wont be at $7.00 just the current .145
This board and stock is funny that way.
GLTYA
go wmau
I agree with you! Are we actually hopeful the racer is on the money? come on! First of all, if his post was anything close to accurate, why the heck we he share it with us. I would expect him to bash the stock so he could buy everything he could.
Second, seriously, just cause he flat out guessed the pps (and was off by almost a week) we're listening to that nonsense, So is that why ppl guess pps prices, settlement prices eod highs and such...to earn respect? really?
This is why I never bought into anything on this board that isnt DD or links. Everythig else is just dreaming. (except maybe diamond that has a really good number and dd to back that pps up) doesnt mean he's right.
I understand the wishful thinking but I hope you folks aren;t buying shares based on that a racers info. You're gonna be really disappointed.
the funny thing is When he's wrong this weekend, he just lost respect of the board. Funny how that happens. So why guess in the first place. It just makes you lose credibility.
IMO this is long haul, the 4B is just the next step.
not bad. Ok peeps. im off to work. I iwll check back later. Hoping for green for at least a few days. go wamu
along with diamond
bastards.
seriously, i was pissed yesterday, though i added i started to regret it for a slight minute. Today, yeah not so much LOL
strong buys or just a bunch of 100 share ones?
if he's right im getting him a suite in vegas ! a treating him to drinks and food all weekend