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i think its wishfull thinking for him to be right ....but I'll push with you towards him being right. GO WAMu
i highly doubt a settlement will come anytime soon. But maybe theres a lesson for us wamuers here, rather than fall in love with the idea of this stock gaining 2000% maybe we should be flipping this like 1/2 the shareholders.... food for thought. Or maybe thts what Jpig wants ....we flip at .40 again and BAM settlement.
GLTYA
go wamu
you JHD...it's anyones guess. I gotta say this is by far the most unpredictable stock i have ever owned. Great for flipping, but I just dont have the balz to be out anymore. I will flip 50% if we get to .40 but then again who knows....
i agree, all the markets and most stocks saw red this week, I think the same goes here, everyday trading stuff no real volume for it to be anything else.
Or mayme judge walwrath is buying a bunch of wamuq LOL
Nice> it's chillyy here in cali but wamu looks pretty warm to me. Nice run. let's hop we can run green til friday.
ok all this speculation is getting down right ridiculuos.....
we are now analyzing why lawyers and judge were laughing? the dude may of had a fly on his head.
why are we assuming settlement negotiations are going on? did I miss something? when in march were their settlement negotiations, are we referring to the billing? There are always settlement talks and abitration thats standard.
I'm long and strong an added all the way down, but enough with threating the flippers. i flipped this stock many times in the past and made good money. Because i let my heart get the best of me i didnt flip at .40
I remember when i was pretty much nailed to the wall cause i was out on mothers'd day (its gonna settle over the weekend they said) and again in june (were gonna get a fathers day present) the threats go on and on.....if you're out thats it..etc.
People will do what their pocket book tells them and done.
Me personally i am done flipping, have been for a while now, but we need to stop making excuses... and btw this stock doesnt move on news, when it hit .40 nothing was happening and when we had the hearing for the 4b it barely hit .23 so how do we move on news?
I beleive in wamu, and i think when we least expect it BAM....NEWS! DEAD or ALIVE
thats it thats how it happens.
all IMO GLTA
GO WAMU
LOL, she lost your respect becuase it has not favored your pocket book? come on JHD thats a bit unfair. Listen I hate to see my portfolio red from previous days but I still have respect for THJMW, she takes all in consideration, thats what judges are supposed to do. She said she would rule ASAP...why are we thinking jury here.
she will rule.
IMO
GO WAMU
Even though that seems to hold water, to me this stock is defintely like no other. We can't even say it moves on news, because the big run to .40 was just a court hearing, this time everyone expected a ruling and it barely hit .23 Go figure.
Here's my 2 cents in this stock. Buy what you can afford to lose. Hold it and add on the dips (if you can afford it)
No one really knows what will happen to this stock, speculating and analyzing is just pure guess work. The only post worthy of taking seriously IMO is the DD posts or news, court information. Everything else is pure hype, negativity or just plain jibberish.
I'm long and strong and continue to add. I may lose everything I invested, but you defintely wont hear me complain about it. Its the risk I was willing to take.
GLTA and buy based on your own pocket book and gut feeling!
My theory on shorts covering kinda flew out the window. I was expecting a lot more covered, but then again that list is as of: oct 15th, 2009 I hope this downward trend is more covering.
At this point its anybody's guess.
I'm in for the long haul, and really just hope for the best, next hour, next week, next month, next year, the longer it takes the more money we'll make. IMO
Go WAMU>
Ok...can you make up your mind on your position.
This last post you contradict yourself in the same paragraph. don't worry, i read your posts as entertainment, I never think much of them, just in case you wonder why:
some of your last posts:
VRMLQ danced at .01 - .05 for months and months. Then suddenly went to .30, then to $3, and all the way to $19. If Walrath suddenly rules for WMI and slams the FDIC, this will explode.
Walrath will take her time with this ruling now. That's for sure. The one positive is that the FDIC showed their hand, had Walrath ruled and the FDIC not been there - my bet is that they would have seized the 4.4 Billion in transit. Causing another year of court hearings, lol.
We may have to wait another month or more for her ruling, but at least it will shutdown the FDIC's threat in the process.
Clarke was really foolish that day, unfortunately it has hurt the stock in the short term.
Unfortunately, people are just not confident in Walrath's decision anymore, nor in the timeframe. It could be another 3, 6 months before she makes this decision, who knows.
What aggravates me is that we were this {} close to it being a done deal, the pps was rising, Sachs was bumbling and Walrath was ready to rule.
Then Clarke makes his threat and we're done. 13 months on this and shafted again by the FDIC. No wonder people have thrown in the towel, can't blame them. I bought back 20% of my position today at .14, and will wait and see...
The risk of being out of this if Walrath rules for WMI is increasing. That's why I bought back in at .14. If it tanks to .10 I'll buy back the rest of my original position.
It's over folks, see you all in 2010. I'm done with commons.
They are all yours. Sold all my commons, and totally out. Good luck everyone.
even with the 4b theres nothing for commoms, but theres hope and thats what would drive the pps with the 4b AWARDED.
Awesome Yanik! load up! you wont regret it. IMO
hey take it easy JHD... i'm not dreaming. I know what you mean cause i hate those posts. I worte my position cause i was asked, but I'm just betting on $1.00 pps . Im not all that far!
dont hate.
not skills, cents! pure luck and patience, and actually being to busy to look at my potfolio everyday. Cause right now on my other stocks i sell to soon. So i base it on luck, and not investing more than i can afford to lose.
Thanks. I am with you. My only gripe is that i diint buy p's or k's. But you cant win them all. I'm in Cali and the properties took a 20% loss so I am in escrow on 4 units now. Property is the most stable investment you can make.
Of course when you buy right, and if its paid off. If wamu wins i can acheive and if wamu losses than i guess i will retire at 45 instead (unless my daughter becomes really expensive LOL)
GO WMU
PS I responded to cashbuilder on my position, in no way was i bragging. Just want to carify, i dont have pms so unfortunately you all know my position.
my average is .15 I got in at.2 and flipped a few times. I pulled a nice profit close to 90K I moved my profits to BAC (bank of america) at $7.00 and I sold at $16.00 so I had a good year.
My total investment in wamu is about 100K or so, but the thing is it's not even my money. Its all stock profit money.
I had 1m SHARES in wamu and sold at .12 on the very first hike.
But i'm no expert by any means, I lost more than a few bucks on other stocks.
I beleive in wamu, even though in the past i have had my doubts. This is a good stock and has lots of potential. the day traders just invest on movement and really, this stock board thinks that we make a difference were probably 5% if that of the total outstanding shares. The big players move this. i just try and ride the wave up and down. I will be honest i was temmpted to sell at .40 but I only had 600K shares at that point. So as you can se iM PRACTICALLY riding for free, if this goes to hell, even at .01 i can make 9K (based on profits pulled) LOL
So I wont consider selling until $1 at that point, even if this settles for $12 I will be retired and living a very good life at 35 years old.
GLTA GO WAMU SEE YOU big boys with the big balz in VEGAS
Blubird: sorry man I dont have pm's ...but thanks for the support.
As one poster has at the end of all his messages:
"buy fear, sell strength"
Thanks....GLTY
NICE -thanks. IMO the stock will shoot up if we see a short list at anything below 35M
there wont be enough mm's to keep it down
GO WAMU
SEE YA
when is the next shortlist update?
Im there with you brother if it hits anything below .12 i'm pilling the trigger for another 100K that would put me at 1M shares....and that aint chump change even if it only goes up to $1. In fact I can retire. Buy a property that would generate 8K a month and i can sit and watch the morons who sold this cry about it.
GLTYA
GO WAMU
pS Diamond...where you at? pump it!
In no way can she rule against wamu, it was already established, even JPM admitted the money was wamu's. The FDIC is completely out of line. I beleive she is simply reviewing the ramnifications of her awarding the money to wamu, and even wamu team looking at the new FDIC jump. I just think it was a stall tactic, otherwise the FDIC would have spoken in the 2 others hearings previous and had THJMW prepare....stall, stall and stall....and in a way its good. I just loaded again and I'm at 900K shares.
See you on the other side.
GO WAMU
FDIC Involvement-Here's a thought!
The thing is why is The FDIC JUST NOW claiming or attempting to claim this deposit. If they had any right or access why wouldnt they have taken it 1 year ago. My point is simply this; this is merely another stall tactic for JPM not to turn over the money. If judge walwrath still rules in favor of WMI JPM cannot appeal, but the FDIC can....thus prolonging this even further.
The debtors will come down on this hard as now they are growing inpatient. btw where the hell is the 1.9B JPM paid for wamu. Shouldnt wamu get that to pay debts, the interest alone is a large amount.
This goes deeper than we all know.
JMO
GLTYA
GO WAMU!!!!!!! dont look at the daily pps it will frustrate you> go for the big money! I added today too. LONG and VERY STRONG
FDIC wants the money cause JPM doesnt have it. Fdic wont enforce collection from JPM, and if they have that power it will gain a few more months of stalling or lead it to another court circuit.
More stalling and more games. I'm going back to work and holding for better days.
GLTA
wow ...all this negativity....come on ppl. JPM had no argument, FDIC can't take juristiction over monies of a holding company.
Lets wait and see how many more shorts covered. That will be the real indication.
Beyond that, it's all speculation. To those that turned a profit congrats, to those that stayed long congrats....all in all
who cares what we all think, dream and speculate.
You're either in or out. BOTTOM LINE
All we can do is posts the facts and hope for the best.
Delays are nothing new to tis stock. You shouldn't be affcted by it. (Unless you can't pay your bills hoping for a pps jump)
GLTA
GO WAMU
OK bye THEN. no need to bash just cause you sold.
Power corrupts; absolute power corrupts absolutely :Lord acton
JPM, FDIC abd the feds have absolute power, just for now.
I AGREE. I have been fortunate to enter last year at .02 pulled my initail investment (and then some) an now riding free shares for a while. I dont come to the board as often anymore because, negative ppl just bring me down.
All i know is on the last good news wamu ran to .40 and only 2m shorts had covered, now from the original 55m there are only 45m shorts outstanding since last report (shortsqueeze.com)
So if it ran to .40 with only 2m having covered (or i think less atthe time) Imagine where it can go with 20% less mms out there. just my thoughts.
GO WAMU
This is classic covering, stocks that have been shorted are actually borrowed, so when they cover it's considered a sell then buy for a split second. (is that correct) I am second guessing myself.... anyone want to add to make sure i'm correct
Did I miss Something? Pg 7?
I read the entire documents and discovery review is not mentioned. Reviewing claims.... doesn't mean documents were provided to colaborate those claims. The reveiw of claims inlcudes bondholders of wamu and debtors....how is that discovery in your opinion?
Although discovery has been granted and should be going on, I didn't interpret that from these documents, but then again, I'm not a lawyer.
Anyone else care to comment
Go wamu
THE mm's walking this down hard today!!!
Shortsqueeze.com shows 45M outstanding shares, I wonder the count now?
A year ago I used to say the same thing, however WAMUQ is a BK stock and this has gone on too long, many creditors are already frustraed and this needs to be setled soon, not for our sake but for the sake of the creditors. No more appeals on the 4.4B because it has already been appealed....SO JPM will have to pay up. as far is it lasting for years, I seriously dounbt it, the longer it lasts the more jpm will have to pay. they're running out of cards to play and the scales are tipping far in wamus favor. The BK courts have an obligation to creditors.
The risk herein lies if wamu sets forth a reorganization plan beofore settlement. INHO
Penny
WaMu employees' lawsuit against JPMorgan dismissed!!!!
http://www.google.com/hostednews/ap/article/ALeqM5inXL3t_DT3SFfBAciZ7YP1sCSOBwD9B6GHN00
I know this has nothing to do with shareholders, but any news towards the 4B is good news. I am not sure what type of shares employess owned. This sucks for them. One small win for JPM (damn Dimon)
ah ok, i figured it was some ignorant post anyway... this country is built on immagrants, unless he's an american indian more than likely he's from a european background too.
i think if any that would be a good scenario, and I would keep at least half of my shares in jpm, they should come out ahead once the fdic bails them out (under the table of course)we mya see JPM hit 50-55 after its all said and done. but thats just my guess, no real dd to substantiate that, they would be in a very good position as the home loans begin to payback and settle as t5he economy grows stronger. JPM may very well be a 100 pps stock in a years to come, so i would definetely hold.
I completely agree, but have you ever in your lifetime been actually fearful of an outcome on US soil. The dd and research preformed here by others and as much as i have learbed about this case, i still cant beleive it has gone this far. For jpm to even dispute the 4b they should have returned it quitely back on sept of 2008.
i still am floored that the media hasnt coverd this, jpm or fdic cant be in everybody's pocket. somehow the media will cover obama swatting a fly or what his wife was wearing but fails to even question this.....unbeleivable.
JUSTICE i demand justice.
My parents and grandparents came here form the old country exactly to escape this type of corruption.... this whole banking, financial collapse is pure MAFIA at the sickest level.
can we also agrre that 4b ruling in favor of wamu would drive pps considerably being that cash infusion of new buyers would drive the price up to breakeven.
we have all speculated on settlement from jpm, but lets not forget the fdic, i think we dont talk about them enough, i beleive a large sum will eventually come from them.
i think bofa is stronger than we think, so merger not a buyout