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Thanks for sharing.
Definitely will be checking it out.
Agreed. It really is amazing, and I am very thankful for the insight.
Good point.
The taxpayer has more to lose (but that's nothing new).
JPM wins even when they buy them out, the FDIC can't really lose because what, are they going to go out of business?, and WMI already lost for all practical purposes.
A settlement and buyout = win for us, win for JPM, win for FDIC, win for the other bad guys, and loss for WMI + the taxoayers
I'll be just fine.
That's why you gotta make sure you are always holding, and should keep a nice low order in if possible.
I agree that if there was leakage to the MMs that they would resort to some slimey tactics (surprise surprise), but I could see the slimey tactics being done by all parties involved too, like making it look like all shares won't survive, tanking them, and then ....WHAM. buyout.
Who knows ? Not gn, not the fly, and WMI doesn't even know yet imo .
JPM is no stranger to lawsuits or courtrooms. I know they are guilty, but they will definitely continue to act as though they did nothing wrong, even though we know otherwise.
They'll fold by settling, but they will not just lay down soon, imo.
I know he has to sign the bill sooner or later, and JPM is always raising cash . I think settlement and buyout are both inevitable , but the upcoming events that people keep talking about are talking about will likely be non-events imo.
I am just keeping a close eye on the Ps and the Ks, and if they get too low or too out of whack one way or the other, I will be adjusting accordingly.
Nope, but it sure seems like whenever the board thinks it will run it doesn't, whenever they think it won't it does, and whenever there is a BIG DATE or news that is upcoming, there is either a spike that is short-lived or no action at all.
I learned to make money instead of sitting on my hands, while keeping enough of a position to come out AOK if something happens "quick".
I don't know bud, I think you're wrong. Once the judge approves the 90-day extension for the filing of a reorg plan, that is 3 more months of waiting, and waiting = sinking.
I know there is the investigation request ruling coming up, but if the judge says no, then all will tank, and even if she says yes, we might get a little bounce, but that will mean an investigation that would likely take even longer than 3 months.
I could be wrong, but everytime we think there is big dates and news on the horizon, nothing happens except sinking stock prices.
We'll see, and GOOOOOOOOOO WAMUUUUUUUUUUU!
Judicial Watch Forces Release of Bank Bailout Documents
http://www.judicialwatch.org/news/2009/may/judicial-watch-forces-release-bank-bailout-documents
Make sure to click on all the links within the link.
(shared by gold-nugget)
IMO, if it runs to .14-.15 , it will be coming back down to .10-.11 .
Plus, the current share price is high depending on when you got in. Also, I wouldn't expect any increases anytime too soon either. If all the action we got from the shareholder's article was 16,000 in volume, then my guess is it's back down sooner than later.
The only thing that frustrates me is seeing people dump at the bid. If you want to sell, then place an order and be the ask imo.
Well, I got cash on the sidelines waiting for lower prices, so if it is likely June, then that sounds more like July-August imo.
No reorg plan due for a few months , as long as the judge approves the extension, and you know what happens to prices when there is no action.
So the question is, do I try my luck on BKUNA again ?
If I do, I'm gonna hit it and quit, that's for sure.
So what's your estimate on a resolution timeline buddy?
Weeks, a month, or several months.
You seem to have offered hints in the past, but those timeframes have come and gone, and I am curious to hear your updated estimate or your updated conversations with your fly.
If it runs up to .15 I will likely sell everything I'm holding because when it hits .15, it drops, unless you are privy to some magical information that your chart and American Bull website tipped you off on.
Getting in at .03 was agressive. I guess it depends on what your into. If your looking for a trade, then sure, get in now and hope the technicals pan out. If it gets up to the .15 and is going to breakout, then I think those that get in at .15 will also be ok if the technical breakout is for real.
I'm not saying it's a buy sell or hold, all I'm saying is we're on the pinks, and if it goes up on no news, then you should definitely sell when it's up because the rise won't last.
I definitely appreciate you sharing the chart and your thoughts, and I agree about taking the minimal loss if you feel it is going to tank.
Seriously, they said sell at .103 on May 8th , but now it's a buy. It's "confirmed" ?
And I love the advice.
"Patience pays off. The market wavered a bit but finally confirmed the recent bullish formation. The dose of the previous day was not enough for a confirmation but today it is. The market opened with a gap-up and the day’s activity resulted in a close higher than the open. This is a valid confirmation criterion. The market seems ready for a new bullish move. "
I need to listen to these guys at AB about as much as I need a 3rd A-hole.
Well make sure you make your money when you can. I've seen that thing do it's magic, and make sure you actually take profits.
It's up nice and might keep going, but if you crunch the #s, the shares are overvalued imo.
Well, considering this stock has nothing to do with the market, and considering they said sell at .103 on May 8th, I'd say you can throw their techincals and advice right out the window, but maybe that's just me.
We will see, but usually if "they", not just AmericanBull, but "they" in general say "buy", then they sell and the price tanks.
Anything can happen, but without news, I wouldn't expect much. If it goes up, consider yourself lucky and take some profits imo.
As you probably already know, whatever most people think will happen doesn't happen, and vice versa.
We should all know the drill by now, and it is still the pinks, so "bottoms" , be they new or old, can likely be thrown out the window.
We'll see what happens.
Then that means it will probably tank.
The thing did get weird quick, and I could have made more bank if I wouldn't have been so greedy. live and learn
Thanks for the chart and the thoughts.
FYI- I sold some of my BIG BOYS for a nice juicy gainer today.
I had to pull the trigger and just do it on some of 'em.
If they shoot up, they shoot up, but I have seen it too many times where they go up and down and then it turns into a game of woulda-coulda-shoulda. Well I did, and I have cash to play with now.
Thanks.That sounds about right. 7 green days in a row. lol
I'm watching EGT close too. Might be worth a look.
Yeah, I knew they were from Florida and actually don't know a whole lot about them, but supposedly they manufacture and sell solar and wind technology.
It usually doesn't get a whole lot of action, but I think if people started fighting with NITE you could get some action.
I actually made money on it a couple times a few months ago between .06 and .10 .
It also wouldn't hurt if they would put out a PR more than once a year too.
Had you ever heard of them before ihub?
Thanks a lot. Very much appreciated.
Thanks buddy.
Not related to that, have you looked into FTCH?
Some pretty high hopes are being tossed around on that one and just wondering if there really are blue skies ahead.
Why do you say it may reach .60 ?
Just based off the chart?
Those that bought in at .0033 can't be too happy right now.
Good call. Wasn't the biggest run based on news the FDIC lawsuit filing news?
Still nice to see green though, even if it only lasts for today.
I'm guessing that all of these stocks will be right back to where they were a couple of days ago soon though.
Good call. Look at what's green today, GM . Go figure.
That didn't take long.
Got me buddy, but there certainly doesn't appear to be an upswing trend going on right now.
Now we got the 4 decimal places going on.
The real question is, will there be a buyout, or will they let them fail, place them into receivership, and just take the banks?
I hate being away from the computer too.
If I can't see the level 2 action, I am never comfortable.
I like watching all of the trades go through on all of my stocks.
If something isn't moving or stops moving, or if unlimted trades are being thrown into the bid, I get out.
Well it could have been nicer, but it could have been worse too.
Correct and correct . lol
This looks like it could be a shake though. Never know. They might run it up huge in AH, or they might take it down hard.
I didn't catch any worse news either, but the last article that got sent to people's accounts definitely didn't have anything positive in it.
Reminds me of you know what.