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A lot of nice chunks being purchased in late trading today. Time and sales shows several 200,000 shares and 400,000 shares sold and the sells are all under 50,000 shares.
Sure is quiet on the wamuq board tonight. I have to post a message to make sure it's still working :)
GO WAMUQ!!!
Let her RUN... She is tired of sitting on 6s...let her go.
Giddy Up!!!
I think the MMs are creating boredom so we sell our shares.
Yawn :)
I have seen that too. The MMs are gathering shares for themselves and skipping us :)
They are like squirrels under a tree gathering the nuts.
You might be right... but it doesn't hurt to try. :)
WAMUQ will shake, rattle, and roll this week. GTLA!!!
I have some more buy orders sitting on .02 and .03. I hope they are filled to add to my 155,000 current share position.
I expect a huge shake before judgment day. I think the MMs will shake the tree hard to scare people to sell their shares, but I'm not letting go till the FAT lady sings. I will just buy more :)
Something is going on. It's only the wamu stocks. Look @ wahuq the ask is 8.00
I agree with that. Here is an interesting post from yahoo.
http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_W/threadview?m=tm&bn=86316&tid=24402&mid=24402&tof=2&frt=2
I see please give to the judge... judge appears to be scribbled out. Thoughts?
Some are expecting their money back, and maybe make some...and others are looking for a payday like myself. The risk is HIGH, however the payoff could be as well. That's what intrigues me.
I'm a gambling man, so I'm rolling the dice.
I suggest you start reading and welcome aboard.
http://www.squidoo.com/wamuq
Here is the October share volume for wamuq...
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=WAMUQ&SortBy=volume&Month=10-1-2008&IMAGE1.x=15&IMAGE1.y=12
The way I see it is... we are all trying to achieve the same goal with the same company...make money.
I'm just bustin your chops. Thanks for providing us with all this information.
Yo Tony.. Don't leave us hanging here wise guy.
I was thinking the same thing when I read the upgrade... what did they upgrade it to? :)
Recommendation: Screaming Deal: Buy NOW
I agree. I don't want their crappy stock either. Show us the money!!!
GLTA
My limit buy order is set for another 75k @ .06 tomorrow morning. I hope it gets filled as I think wamuq will prevail.
GO WAMUQ!!!
I had a buy order in @ .06 and it didn't get filled. Did anyone get filled on the drop?
Just waiting for a good shake to buy more shares. I'm sure they will have one before Thursday. I have a limit order set for .05, not sure when or if it will hit...but I'm ready :)
GLTA GO WAMU!!! I even have the kids shouting WAMU! WAMU!
Welcome. I agree, thank you for serving our nation.
I agree. I might have to flip it again to try to get more shares. I broke even trying to flip today. :(.
I haven't had a chance to catch up on today's messages. Are we still on for Monday? Did I miss anything?
I thought the MMs did a good job flushing out the day traders today. They drove the price up so they could get out with a profit and repositioned it for Monday news. I like the last trade too :)
Thanks for putting the time and effort into this taxguy.
So what is the overall consensus for tomorrow. Is the price going up or down?
From Google board...
This is the most information we have to date!!!!!
http://www.kccllc.net/documents/0812229/0812229081020000000000003.pdf
The WMB noteholders are creditors to the BANK not the HOLDING COMPANY
(WMI). They claim approx $2B in lossed from WNB fsb, not WMI
directly.
Note that this approx. $2B is nearly exactly what JPM gave the FDIC.
Then the FDIC says to submit claims against the "bank". Perhaps that
is why JPM gave them $2B- to cover those claims.
Also remember the FDIC did not "consider claims against equity holders
in WMI". So basically the FDIC GAVE FREE OF CHARGE the whole banking
business to JPM and asked for $2B in return to cover the potential
claims against WMB fsb.
Some interesting points: the WMB noteholders group is of the opinion
that:
1) The bank was unjustifiably siezed- it was "unquestionably solvent"
2) WMI did not inject the capital into WM Bank to save it (perhaps it
didn't need to......)
3) The 1.9B from JPM goes to WMMI; the FIDC does not keep it
4) WMI has a significant tax refund coming
5) There may be money in the future "as a result causes of action in
respect to the events leading up to the recievership" (FDIC/JPM is
sued for damages)
6) US Attourney Sullivan in conjuction with the FBI,FDIC, SEC and IRS
is investgating the siezure from which "fair funds provisions" may
result.
BAD news: The WMB noteholders say there is $14B in senior and
suboordinated notes owed, not the $8B WMI claims it owns. But they
admit they are unclear about what is really owed.
Here is a neat part:
The FDIC does NOTHING to defend the accusations of the siezure claims,
it just wants rights to the money if justified like JPM does.
http://www.kccllc.net/documents/0812229/0812229081020000000000007.pdf
So we are back where we started: We don't know the assets of WMI and
the $4.5B is theirs but they cant get at it.
But it does sound like there will be a very close look at the
justification of the siezure....
Reply Reply with quote » Rate this post: Text for clearing space
I opened a 0% percent convenience card with JP Morgan and guess where all the money went... you got it wamuq stock. I'm hoping I will get the last laugh... we will have to wait and see.
regardless of the size of the order on a pink sheet penny stock? I spent 250.00 today on commission alone on a 100k buy order with shitbuilder (sharebuilder) :)
I feel better on this stock rather than off of it. I would hate for this stock to open huge on Monday from news over the weekend or wait around all day on Monday for it to drop to .8 and it never happens.
GLTA!!!
True, but they have been raping me on the surcharges. Here they are...
Large order surcharge: In addition to the base commission, a large order surcharge of $0.015 for each additional share over 1,000 shares will be incurred. The total commission (base commission + surcharge) is subject to a maximum of 2.5 percent of the principal, but no less than the base commission.
I know for a fact this was not there in Yahoo, Google, and IHUB. I have check numerous times and it just showed up in the last couple of days.
What time are the big players showing up?
I was checking a couple of boards and they are all talking about this too. The symbol were not active until today on both Google and Yahoo.
Something is going on...:)
I haven't seen one post regarding the Sarbanes-Oxley Act. I was under the impression the government implemented this act to prevent these shady deals and to provide protection to shareholders.
Apparently that failed work too.
Here's my chart for next week...
AH-- .11 cents
Volume: 70.84 k
5:21 PM EDT Oct 9, 2008
Type in wamuq: http://www.otcbb.com/
Please advise if you are NEW WAMUQ or existing WM shareholders?
I put a buy order in for tomorrow @ 1.80. Hopefully it gets filled on the sell off after pre-market. Only time will tell.
Do you think there is a chance it could get filled?