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utvools: no , dont have link.
frankfurt opens at 3:00 am est.
ryann: go ahead sell at .15, you might find out you will have to buy back in at .18. at the time its hard to know what this stock is going to do. it could go even alot higher than .18? with some of the big buys that went thru on friday , its anyones guess.
uzual: i mentioned .15
do i here .14 , comon 14, do i here .15
theres the .13, now .14
biz: i hope so, that this pps increase and lehmq and wmi all are related toghether on good news
jim: its 1.99 now , wampq going up so fast evertime i post and go back and see what the pps is it makes another big jump
wampq, up .99 in the green, somethings leaked out
somethings up wampq, big jump from the red today , up .47 in the green
ferengi
; thanks for the insight, will be watching
ferengi, ty for the charts, i will say iam not that good at reading them
fere: thanks for the chart , this is going up
if this is running like this at lunch time , it should really pick up after lunch
dmceng: id say it seems like mm manipulation to me, when you see like today .105 , then .1065 then back down to .105 then back up and back down
dlad
; does this stock have legs on it like paris hilton?
spark, WOW. hows is the economy suppose to get any better if they keep raiseing interest rates. mine was 6% , now 16%, never late always paid more than limit. in my younger days anything 0ver like 20% was considered loan sharking
could it be that both jpm and wmi are waiting until the start of the new fiscal year to start before they make a settlement? from what i think i read ,congress stated that they may have to raise the debt limit to finish off this fiscal year. also the fdic needs to borrow more money because of bank failures. if jpm and wmi wait until the start of the new fiscal year , there will be plenty money for the fdic, jpm, and wmi to make a settlement. [oct. 1st
jhd: same here except i might sell a few and hold on the the majority of shares
jhd: not worried if it takes untill end of sept. or october, some of my shares will start being considered long term investment. tax rate at 15%
norkel: buying the put or call, a week before expiration would be the cheapest. BUT if the stock doesnt go above the strike price ina call, or below the strike price in a put before it expires, the the contract is worth nothing. lost your money
zab
; iam not talking about naked options, iam talking about limited options. on limited options you only lose the money the contract cost you. DO YOUR RESEARCH ON OPTIONS BEFORE YOU INVEST IN THEM. THERE ARE DIFFERENT OPTIONS THAT YOU CAN BUY.
iam going to go and refresh my memory on options and see what jpm options are going for. lets say if everone thinks jpm is going to the moon, a call option is going to cost a lot of money per contract. if everone thinks jpm is going to the moon, and you buy a put contract, the put will be a lot cheaper, or vice versa. how much a contract cost you is how much time is left on the contract and if its in the money , on the money , or out of the money. i would do a little studying before you get into this options.
jerle
; if you short , you could lose big money, or make big money. if you chose options, you have limited risk. the only money you can lose is what the put or call cost you. its been a while since i studied up on this, check it out, make sure iam right. i have never got into puts and call options
viva : better get cash than jpm stock, i dont think jpm stock will be tattered that much,and if tattered jpm stock will pull out of it and be worth a lot more. i dont think the gov. will let jpm sink. reason, if jpm stock goes, so does the economy. [just thinking, mabe the economy will crash anyway ,eventually]
diamond: getting greedy, I WANT $24 PLUS
jhd: sorry to hear about your friend. that model t your talking about is painted with pure gold paint and the body and frame is made out of platinium
jhd: that t- minus 7, i hope thats 7 days and not weeks
hang all, i bought synj at .0002 ,held on for a while. sold at .0002 ,right after i sold it shot to the moon, could happen to this stock. patience pays off. went to .004
seven, i think if we wait long enough, will be hearing some good news that will drive the sp up
porkman, i was wondering about that, that would be real easyor could a subsidiary buy also without showing up as jpm ownership of shares? mabe thats what jpm is dragging this on for to buy up shares?
if jpm starts buying shares,once they get above i think 4.5%ownership dont they have to file with the sec. is there a way that jpm could get around not fileing? the way laws are now, it seems that there are always loopholes. could it be that they could go above this limit and not have to file for a certain amount of time, that way they could already have settled and no one would have known that jpm was buying shares?
humpback: according to that list ,about 1/4 of wamu shares are held by institutional and mutual funds , which is a pretty good amount when you figure that there invested in a bk stock. that list may not actually be updated to this date.
fix: i like that breakdown of institutional and funds ownership of shares of wamu alot better than what i was questioning earlier about when it come to ownership. i didnt think what i read earlier was right. thanks for info .
brad: refering to your post about the percentage of shorts i noticed where it said institional ownership of shares was .50% . this cant be right , thats not that many shares from what i have been reading earlier about how many shares institutions own. unless i dont understand what is meant by institutional ownership. can someone explain why it only says .50 institutional ownership? Washington Mutual Inc. $ 0.10
WAMUQ 0.00
Short Interest (Shares Short) 55,844,500
Days To Cover (Short Interest Ratio) 9.0
Short Percent of Float 3.80 %
Short Interest - Prior 55,935,600
Short % Increase / Decrease -0.16 %
Short Squeeze Ranking™
% From 52-Wk High ($ 0.42 ) -320.00 %
% From 52-Wk Low ($ 0.01 ) 86.00 %
% From 200-Day MA ($ 0.07 ) 30.00 %
% From 50-Day MA ($ 0.09 ) 10.00 %
Price % Change (52-Week) %
Shares Float 1,470,000,000
Total Shares Outstanding 1,705,359,302
% Owned by Insiders 13.65 %
% Owned by Institutions 0.50 %
Market Cap. $ 170,535,930
Trading Volume - Today 4,930,730
Trading Volume - Average 6,182,600
Trading Volume - Today vs. Average 79.75 %
Earnings Per Share -9.89
PE Ratio
Record Date
veloyt: iam in the same boat as you , though not as bad
refer to post below, i meant size
on the bid and ask size, i see .01x.01 , never seen abid and ask size like that before?
lawrence: ty never posted a link before, great help, newt
onco: this is as close as i can come to the link: REUTERS - Colonial Bank, of Montgomery, Alabama, was shuttered on Friday and its assets sold to southeast regional bank BB&T Corp, marking the largest bank failure this year.
The bank closure—the 74th this year—brings an end to the Alabama lender which has seen its problems mount amid the financial crisis.
The failure of Colonial Bank, which had total assets of $25 billion, is expected to cost the Federal Deposit Insurance Corp’s insurance fund $2.8 billion.
BB&T, Winston-Salem, N.C., will buy about $22 billion of Colonial’s assets, according to the FDIC. The FDIC and BB&T have agreed to share losses on about $15 billion of those assets. The bank had deposits of about $20 billion as of June 30.
Colonial’s holding company Colonial BancGroup Inc said last Friday it faced a criminal probe related to accounting irregularities at its mortgage lending unit.
On Thursday, Bank of America Corp won a temporary restraining order against Colonial when a federal judge in Miami ordered it to freeze $1 billion in assets.
BB&T said it will not buy any of the assets or assume any obligations of Colonial’s holding company, including any relating to, Taylor, Bean and Whitaker Mortgage Corp.
BB&T said that assets and liabilities that the FDIC determines are related to fraudulent or criminal activities also are excluded from the deal.
The acquisition, BB&T’s largest in its 137-year history, creates the eighth largest U.S. financial holding company by deposits, BB&T said.
BB&T shares closed up 9.4 percent on the New York Stock Exchange.
BB&T ended June with $152.4 billion of assets. It operates 1,505 branches in 11 states and Washington, D.C.
In June, BB&T repaid the U.S. government the $3.1 billion it received under the Troubled Asset Relief Program after regulators determined the bank was well capitalized.
Separately, the FDIC also said on Friday PNC Financial Services Group Inc, Pittsburgh, had agreed to assume all deposits of Dwelling House Savings and Loan Association, also in Pittsburgh, which was closed as well.
FDIC Chairman Sheila Bair said in a statement that the losses from Friday’s failures were lower than had been projected.
No immediate panic
Earlier in the day, business appeared to continue as normal at one of Colonial Bank’s main branches in downtown Montgomery, Alabama, even as media reported on the expected closing.
“As long as it doesn’t mess with my money, I’m fine,” said Dawn Williams, a 24-year-old mother of two.
But another customer told Reuters she was worried and wanted to withdraw her money.
“I am freaking out. It doesn’t makes sense to play with people’s money. They work hard for it,” said retired nurse Deborah Burney, 53, who has an account with her husband at the branch.
“I had asked my husband to take the money out of this bank when I heard something on the TV the other night,” she said.
Colonial’s 346 branches in Alabama, Florida, Georgia, Nevada and Texas will reopen as branches of BB&T, the FDIC said. Depositors of Colonial will automatically become depositors of BB&T.
In July, Colonial BancGroup posted a $606 million second-quarter loss, its fifth loss in a row, as higher charge-offs and rising foreclosures in the bank’s Florida construction-loan portfolio continued to strain its balance sheet.
The FDIC said in a statement that Colonial BancGroup was not included in the closing of the bank or the resulting receivership.
BB&T was advised by Credit Suisse, Deutsche Bank and Wachtell, Lipton, Rosen & Katz.
BB&T shares closed up $2.43 at $27.23 on the New York Stock Exchange. They rose to $28.63 in after-hours trading.