tomorrow is a court omnibus which MAY decide whether or not Wamu will settle the court case with JPM. I knew that it would peak up to this moment. If they lose the omnibus expect the stock prices to go down significantly, but not to the extent that it will go beneath a dollar. Also ... if WAMU settles with JPM... expect a peak in our shares... i'm thinking anywhere from 15-24. All the people are thinking of best case scenario... when people ignore the definition of a SETTLEMENT. If Wamu won... the stock share would be 24.
Also... I'm starting to think WAMU wants to do the unthinkable... challenge the FDIC... well that would mean that WAMU has a lot of shit coming its way... but maybe WAMU will revolutionize the way the general american perceives his government... doubt it though to be honest... but wamu will prob win the JPM settlement.
Sorry 4 the rant and stating of already known information.