Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
jpm already conceded the 4.4 bil some time back. they know it is a deposit. weil "allowed" them to borrow the deposit because jpm was on the brink of collapse because of their overleverage of the social security funds and derivatives. and that would have destroyed the banking system and the trust of the american people. weil is in the "chess game" of his life and check mate is coming and we definitely will prosper. too many big boys in this stock common and preferred. just check the investor tab on cnbc for both. most of these funds that own wamuq and wampq are low turnover equity funds...ie loooong term! we are going to shock the nation with this play. i am very fortunate to own this one and the preferreds.
that is absolutely my answer too. things are just too cozy with the lawyer situation. they should take advantage of the bk and take the best of both corporations and meld a force to be reckoned with. total parlay...
i'm in viva's parlay club.....5000 pq's, 100,000uq's, 6542 lehpq's!!!
wouldnt that be amazing! i am praying for judgement in our favor everyday. dont think they can hold this judgement off much longer. things are going to get crazy. good luck to you too!!!
i bought 2000 shares at 29.02 and 29.11. they filled the entire order today. dont know if it was showing as a sell or buy but i had the price at 29.11 and they gave some to me at 29.02.
is pinkie land not up and running mine is frozen on my trade board even with a refresh.
are the pinkie land not up and running mine is frozen on my trade board even with a refresh.
anything with icahn is trouble. they better stay far far away if they want to retain their company. he is very bad for business. and he does nothing out of the goodness of his heart. goes anyone khnow if the cit-a is the best pref to own?
absolutely!! we have the best of both worlds here. our stock is not a pinky but we have the luxury of this "pinkie" not hooked to the dow. but we see sometimes gains of 1 to 5 dollars a day per share. poor saps buying 100.00/shr stocks seeing a 10% gain is pitiful compared to our jewel!!
it was held by the holding co. they supposedly sold the tower to russell investments and insurance. but the lawyer for them is an associate of weils. and on their website russell said "they understand the situation and HOPE things work out." why would they say that if they bought it? i feel they are a "keeper of the tower" until bk rollout and they will make a great deal with wmi to possibly be brought into the wmi family. it gives jpm a front to say "see we sold it" to keep the charade up so not to bring attention to the illegal dealings done.
yea diamond, like i said before washington mutual is about reputation and they will be vindicated. i dont feel they would allow any ill will to happen to common share holders. wmi was the one blindsided and they had sured up their balance sheet with the added infusion of cash by tpg. why would they do all that to see their common shareholders die on the vine? they wouldnt!!! they are out for blood. they are reorganizing and i feel will turn out of bk and everyone will have issued like shares in the new ticker "wmi." just like the shares reissued in the wmi ticker to their cayman preferred shares back last sept. i feel this was a set plan in the event the illegal seizure happened. how could they have known that waste managements symbol would be vacated unless they had looked into this exact scenerio? they arent newbies!! they have been around since the 1800's and have seen everything and by reading about their subsidiary structure, they have absolutely safeguarded their assets as much as human possible against illegal seizure. to include having the 4.4 bil deposit in their own bank to catch the fdic and jpm in the act so they had to proclaim scrivener's error. wmi set the better mousetrap! to include having the best lawyer's in the world on standby for this exact reason. they filed bk the very next day! fdic has title to nothing. it is all a smoke screen. why do you think they are painting chase signs over wamu signs just to tarp them again? they dont own them legally!!! they are infringing on trademarks and design patents of wmi holding co. without expressed consent. not to mention illegal seizure of their credit card providian that is held under the wmi umbrella as well. its like breaking into your house, eating your food and having your kids call him daddy!!! i dont think so!!!
diamond is in the zone today!!! you love the rock'em sock'em stuff dont you. people are coming to the aid of wmi now and we will truly be blessed for it. thanks diamond for all your insight and cheerleading especially when the bashers come a callin' and you wait for them to hang themselves and you then lead them by the nose to show them how stupid they truly are! i think you scare them. but i'd like to say that this board is awesome...have made some great cyber friends here!!
god bless you. i hope you realize your dreams. stay safe and keep your eyes on the prize and never let anyone make you settle for second best. only listening to negativity will keep you down. always be in the positive. and when you cant.. look for the positive in every situation and every person.....only you can create your destiny and naysayers will always be that. negative and unproductive. go for it. god's speed!
industry consulting group, inc is an agency initiated at the time of default or seizure to ensure property taxes are kept up to date until the default is resolved. they insure that tax issues will not have a negative impact on any loss to property due to ongoing mitigation or illegal seizure or foreclosure. wmi owns the land under these banks in a subsidiary wholly owned by the holding co. i read this early on (last sept or so)either in wamucoup or wamu411.com. i feel this is why wmi just wants their money so they can get on with turnout from bk. they are landlords for jpm but arent collecting rent yet imo because they are in bk. this isnt just a bank takedown cut and dry. washington mutual always puts assets in subsidiarys under the wmi umbrella to safeguard them. they would never imo allow the most expensive asset "the land" beneath the bank to be sold with the bank. i dont think fdic or jpm looked that far ahead. its like buying a diamond in the rough only to find out it is cubic zirconia.
thank you pop! god is good and he is leading me to bigger and better things. one door closes another opens and you just have to trust and obey. i have and look what i am doing now! he knows my heart and i think he will bring my dreams of helping my charities to fruition. he has saved me from cancer for a reason and i think i'm on the right path. but once things happen you must realize this didnt happen it was destined to be. truth and light is the cleanser of evil and dimon is going to be the first to take a dive! and i am glad my family and my charities will be a benefactor of this. the sky is literally the limit when you are in faith....so just stay in faith, stay positive, and help newbies with their questions along the way to benefit as well. i remeber when i was a newbie and this board helped me to understand and that is huge! good luck to you pop you are a wonderful person to take the time to pm me. i am going to keep digging on the info and i have burned up the email at kavuto's show. now maybe he is getting confidence and is going to be the megaphone for wmi. lets hope so!!!
i read that WM bank fsb,WB bank FA,WMBFA insurance are all wholly owned subsidiaries of washington mutual holding co. and all ownership remains 100% within the holding company structure.
i had my 401k with fidelity and when i looked into rolling into an ira with them they were very negative towards my request to buy lehpq especially and q stocks in general. very discouraging. so i rolled it to scottrade 3 days later. you have to call in to place an order butyou lowball it. i tell them the shares i want to buy and also tell them to set the price at 2.00 and i will modify as i need to. never pay ask. i always set at bid and they always seem to meet me there usually by end of trading day. like i said i got filled for 3600 shares at 5.00 aroung 3.50p friday. you just have to play their game. and their game is setting the ask lower than the actual ask. the board on your trading page will show 7.00 but the actual ask is 8.50. when you call into the broker and say my order is set at ask they then tell you ....no the ask is showing something else here. total jerk offs. they set the ask higher so no one gets filled. so i set my order at bid for the entire day so they cant force the price lower to hit people's preset stop loss, because if they do force down the price to pickup those i will get filled!!! just play their game. these shares are in tight hands cause they know the potential bump up is coming but when? you want to be in to win. good luck to you!
awesome! i bought some lehmq to flip then i sell half to buy preferreds for the big turnout when they catch up to the equal percentage price to commons. preferreds are trading at 5.00 and they should follow commons at the same percentage and should be selling for 16.00 when commons are .16. they have a death grip on these shares for sure!
could you imagine the congress justifying to the american people that they (and the fed reserve) put all their money on black without their knowledge to make a quick buck and lost it all. they had to have knowledge cause fdic did not have the authority to take down a bank with a holding company..they had to have the authority given to them! poor elderly people would be without any income. just think.. they think this road they have taken is the lesser of two evils. by taking down wamu to prop up jpm. they thwarted exposing their gambling problem. and jpm will get their competition bank for free. they have already made bank on what they have taken over and fdic is implicated in the coverup and a major player in the conspiracy. but ultimately the american taxpayer will be the bagholder for this fiasco...unknowingly. but the roaches will scatter when the light comes on!!! i feel this will not be silented for long. i feel alot of "in the know" people will be outing upper management for invovlement just like that billionaire that was indicted today for insider trading. alot of behind the scenes and undercover things happening that wallstreet is totally clueless about. also i believe the banks that jpm bought are landless. i believe i read somewhere that the land under the outlets are owned by the wmi holding company and jpm must pay rent to wmi. can anyone back this up. i know i read it somewhere.
you need to hit the preferreds too. i bought not long ago for 2.65 and i flipped at 6.00. then i used half to play others. the preferreds are going to pop but you have to be in to win!
more time to load up!!!
jest, i'm sorry i couldnt reply to your pm till now. i ran out of posts till now. i researched my statements and the wampq is showing "washington mutual, inc. PFD conv. 7.75% last dvd info 9/15/08 @ 19.805. they are not promoting the total dividend approximation...for instance 5000 shares would show 387,500 on all previous statements, but not for sept. one thing that truly stuck out is now they have the updated name change also. from washington mutual inc. to washington mutual,inc. i feel this is significate. and sept statement was curiously vacant of the total dividend approximation? think they are trying to hide the obvious just like jpm is cleaning house on the yahoo board. i think it is check mate soon! jmo
this is slower than a turtle~~ same crap they did to wamu till they started to see things turn in court. definitely holding this one down. it should be 16.00 or better by now. just hoping this breaks to the north soon, good luck!
who's your broker? mine is scottrade. i got filled at 5.00 3600 shares about 10 minutes before close. the fill was in broken segments of 2500 and 1100 shares.
i only have 10,000 in this and i'm sitting on 200,000 to date. have cashed out my orig investment and then some. i am not worried one bit. washington mutual would not open 2 bank accounts at wells fargo and have already converted cayman preferred stock to "wmi" if they werent going to exit bk intact. i'm waiting on dividends. only 15% tax on those ...much less than cap gains tax. if you have scottrade look on your statement. it shows preferred 7.75% or 77.50 per share for your stock. it didnt say that till approx 2 months after bk started. i am very hopeful in the outcome and the wrong will be righted. weil WILL make sure of it. and lehman i feel will be incorporated somehow. just too cozy i feel having the same attorney rep and no talks? i think they are plotting the return of all returns and we will benefit.
jest, i sent you the info to your real email. hope this helps!
i hope i am one of those. i certainly read everything i can get my hands on and put the info out that i find.
the three i told you wamuq wampq and lehpq also cit i bought for .70 and sold for 2.20 about a week ago. CITpA i have some of those about 5400 shares. i just flip these 4. once you have a cash cow like wamuq and wamuq and lehpq why put your money in nasdaq? these dufusses that buy 100 shr stock and boast about a 10% gain ....i laugh at! how about a 1000% gain!!! also bcnd buy at .0001 only 1000.00 worth then set the sell at .0007 and in about a month or two you will get $x7. bcnd is an atm for sure!
jestiron, i have read all the posts havent you? we're not like congress we read our stuff right? lol
can you pm me? i would like to send your wife some info. i am a mom with 4 kids.
wampq is the preferred stock. divis when returned will be 77.50/shr! they are 30.00 right now. i bought at 2.65 way back when. also lehman preferred lehpq they are 5.00 right now. i bought them at 2.25 some time back and flipped some. lehpq is represented by weil also.(wmi stellar attorney) they were done like wamu was by jpm but their sucker punch came from barclays. they underpaid for assets and are claiming lehman wants to "change the game" in midstream when they "helped" them out. they helped them out of billions of dollars in assets. same game different day. the lehmq (common) are at .16 so the preferred should be at 16.00 right.? but noooooooo.....nite is screwing with this one too. i have found that you have to set your price at bid and let it go all day. they usually fill about 20 min before closing of the stock market. the game they are playing is they set a bid and ask. but the ask is not the true ask. so you sit there waiting to be filled when the true ask is 8 dollars but it is showing on the board a 5 dollar ask. you sit there no one gets filled and the MM doesnt have to deal with manipulation of the stock price based on volume because their is no volume.
i hope so!!! you may think i am corny but i feel god sent me to this board back in sep. i prayed to him for a way to make money because i lost my 23 yr job with usairways due to a melanoma stage 3 diagnosis and subsequent disability due to total loss of my lymph nodes in my leg. i started with 10,000 dollars and i am now at 200,000 on the low end. going to be paying a sh!t load of cap gains. but i have been cancer free for 3 1/2yrs and i hope loaded moneywise . god is good. and the charities i have picked out "feed the children" and "graham foundation" to help kids with heart conditions have surgery that cant afford it. i will pay it forward because god has saved my life and now i want to make a difference to someone elses. hope everyone is giving to their respective charities also. (not just the beer fund) lol.
i am locked and loaded. 5000 pqs, 100,000uqs, and 3000 lehpq.
i think weil is out for blood and cold hard cash!!! wmi will return to the mammoth entity they once were. with a clean balance sheet and big cash from both fdic and jpm. we will be the only bank and holding company that is definitely pristine. all the others are hiding behind fuzzy math schemes. no earning legitimately earned. do you thing GS would be where they are without having ex-execs working in the white house? a sort of insider heads up to all the weak banks prior to the scoop. wmi is truly going to be a force to be reckoned with. now with tpg the parent affiliate of aurion bank. i think this is the link wmi needs to turn out of bk. aurion is in the west, phoenix, new mexico etc. and could then go head to head with jpm in the west. wmi still has banks that jpm didnt want up north that fdic are running and i feel they will get them returned. providian cc co. was an asset of the holding company illegally seized and i feel that will be returned also. like i wrote before...i originally had providian with wamu, then when chase stole it i received a chase card in the mail with wamu on the front. just 2 months ago my user name came back on my account online and it said it needed to be updated. when i updated it it popped in a suffix on the username of wmc040189. (washington mutual corp. with the orig date of the account) i was wondering how they were going to differentiate the accounts they co-mingled and i got my answer. they are earmarking the accounts with wmc and the orig date of the accounts! i feel they will have to return these accounts and all they will have to do is flip a switch. this is going to be explosive to the stock market. maybe the charge it needs to go to 13000 who knows. but we are the all knowing stockholders that are going to leave everyone saying "wha hap'n?" $$$$$$$$$$ here we come. i dont feel wmi is for sale they just want the money that was stolen, providian back, trademark infringement payment, and damages to their reputation and name done to them by jpm and fdic. if this goes to jury trial alot of people will definitely go to jail. jpm wont let that happen, they will stall till they are slapped with sanctions. judge walrath is being thorough. her ruling will be textbook so not to allow any loopholes. her ruling will be in the history books for future case law for all future attorneys and rulings ongoing. this has never happened in the history of the U.S. where fdic colluded with a fed reserve bank to take down a solvent bank and holding company to prop up said fed reserve bank because jpm over leveraged derivatives and jeopardized the social security fund.
jestiron, i already posted about the wmi, wm thing back in aug. check posts 89273,89014. the ticker change is old news.
i just got 3600 shares at 350p at $5.00. it took all day though.
washington mutual was never out of the banking business. they were stolen!! big difference. providian will be returned and the bank will be back in my opinion (possibly facilitated by tpg). and as far as insured by the fdic...do you really think they would want to be? its just a ponzi scheme of false promises anyway. i hope the fdic goes away for good. the banks need to cover their own deposits. that way we know they are solvent and not rely on a "go to" ponzi scheme like fdic.
the attorneys for wmi did put a restriction to thwart a takeover. the only way tpg could buy more is if they get permission from wmi. and obviously they did!!
cnbc is showing that tpg as of 10-15-09 is +96% at 230.1 million shares and that is 13.5% of the shares. thought you could only own 4.25% due to restriction? obviously tpg has wmi blessing!!!
thank you biz!!