WAMMMUUUUUUUUU
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bingo -
the examiner teams are leaving NO STONE unturned!!!
BIG!!!! page 10 item 34 ---- JPMC Team is investigatng allegations that JPMC may have intentionally breached its MARCH 11 , 2008 confidentiality agreement with WMI
read the report filed!!!! Page 10 item 33!!!!!
"JPMC team is investigating whether, in a legally cognizable way, JPMC by itself or in conjunction with government regulators, intentionally injured WMI in connection with the seizure of WMB and sale to JPMC for approx 1.9 billion."
"JPMC team is investigating whether, in a legally cognizable way, JPMC by itself or in conjunction with government regulators, intentionally injured WMI in connection with the seizure of WMB and sale to JPMC for approx 1.9 billion."
and we are trading at 3.2%
-- what a joke this is!!!
ANYONE who doesnt add Preferreds STOCKS now is a complete -
stupid investor... this is screaming that Preferreds are IN THE MONEY...
REMEMBER - Preferreds must be paid first over Commons -- fact!!!
IMO
2 days chiron --- i blve the time is 3:00 --- So that day will be all speculation and trading will be all over the place ----
a day traders dream --- pure specualution ---
I will be flipping that day with the recent ones I bought and re-buy on the dips and flips making it profitable. I blve it will be a disappointment day like all the other high speculation days -- market thinks so too ---
My tickets have all ready been bought and on the side... LT ones...
I blve nothing will happen again like always and I blve it will
dip again -- as always ---
until the judge get some cohonas and start smacking that gavel down -nothing will happen ---
We will hear the same whiner about how there is no milk left for the owners of this company...
IMO --
nothing is going to happen over this coming weekend...
my take -
we wont hear any numbers, figures or info from the examiner except a request for more time needed..
and in fact the report/results will be not public at all.. we will never know what it contains... only wmi/ec and the judge will know...
I betcha there will be a closed door meeting with WMI/EC and the examiner in judges chambers... on sept 7th..
imo
But one thing is for certain -- we will hear rosie sorry a55 voice again...
a 2000 buy at 32 and not a single budge -
thats what i said qtrly --
The So called P's can move so fast -- based on its sooooo undervalued -- esply if and I will call it everytime that we will be taken over by JPM and be reinstated with divis...
and with todays econony where can a investment company get 7.75% return for this stock on a qtrly basis!!! think about ---
if JPM will take over all of the preferreds, all, by paper transfer -- that leaves commons in the money....
smack that 34 commmmmmon -- this wants to be at 34.90....
so let me understand this correctly for LTCG...
right now LT is at 15% -- starting jan 1 because the chosen one we are going to be at 20%??? is that correct...
someone spank the 32 so we can go to 34!!
y go into commons when Preferreds get paid first..
yep heavy resist on .22-.23 for wamuq on level II for sure!!
I like my p's.............
keep slapping that 31.90!!! comeon - 34, 34 building
someone slap that 31.90!!!
come on someone take out the 31.50!!!
means it smart to get out of bank stocks... !!! esply JPIG!!!
I smell a run this AM...
IMO
DB is not a person to trust... fact!!!
I have always blved that --esply not once did they come out and fought for what they lost... ok they declared bk ok they hired rosiebuttcheeks.. but why the silence from them? Why all of a sudden surrender with all the litigations? why the aburpt reverse turn...
I blve DB owns alot of bonds as well -- basically when he resigned from the BOD I felt that was a sign of COI.. and he loaded on the bonds --
He hasnt once come out and issued a PR -- his silence speaks volumes to me -- you dont lose billions and not cry!
No way! I hear more from Warren Buffet! Buffet's number one goal for investing is to NEVER LOSE ANY MONEY regardless of market conditions.
I hear more from George Soros, Peter Lynch...
You telling me that DB likes to lose money and not speak!!! Come-on --- with them being silent they are getting a back-door deal from something/somewhere...
Why the silence--
Its because they own bonds and dont care about what is right -- shareholders!! and we ec shareholders put a dent in there plans and are fighting!! No doubt about this --they wanted to steal this company from the shareholders and the bond owners will reap billions on top of it!!! its a fact!!!
People have to understand -- we are fighting:
FDIK, JPIG/ ROSIE and from a silence distance -DB and his crew -- and we just didnt realize it!!!
IMO IMO IMO
but all in all - I want to be clear that I will not send any type of boxes or packages of that kind due to rosie or their offices as a joke.. - rosie will probably call all federal agencys involved and will probably bill the estate for this or infact bill me for that..LOL!
so that was just a posted JOKE meaning I will not do it... would love to but wont --- what I would consider is having t-shirts made, wear them to court and do protesting and selling them on EBAY!!! Hey -- I can even Sell the milkcartons on ebay as well...
IMO!
thats why I want "TRUSTEE" appointed by our THJW!!!! working with the EXAMINER!!!
Then current so called "BOD" is burnt toast!!! and rosie is no longer milking the cow!!!
Im about ready to box full of milk cartons to him law office --- GOT MILK!!!
Can you imagine all the ups/fed ex ground deliveries of milk cartons dlvd to him... Do you think he will get the picture???
I think that will get a chuckle in the court room antics!!!
Can you see him complaining or whining to the judge that he is getting all these harrasment pakckages from current shareholders... I know I would laugh in the court room and can you imagine his fellow co-workers in the industry talking about this!!! it would be classic --- mr rosen rcvng hunderds of packages containing MILK CARTONS with his picture on it with a statement of "GOT MILK?"
MR ROSIE NO MORE MILKING!!
all are imo!!
William - this is why I want THJW to put the estate under supervison of a court appointed TRUSTEE and out of Rosiebuttcheecks and our current beloved BOD hands... they are milking the estate with FRIVOLOUS FEES and charges!!!!
Im want a TRUSTEE not a shareholder meeting - due I blve now that TPG and the top shareholders have control and have enough votes to keep the JPM Influenced BOD intact -- I blve We dont have enough shares to control the company!!! thats why I want a court appointed TRUSTEE!!!!
Here is a thought and do some DD --
Name the top shareholders who have over 50.1% of the shares? and you will see that these fellows are JPM-Lovers!!! FACT not fiction!!!
I want a TRUSTEE appointed to control the estate -- I blve the delay of the shareholder meeting is a blessing for us....
NO shareholder meeting --- I blve we do not have enough shares to vote the current (whoever it is) BOD out!!!
Find the top 5 holders and you will see this --
TPG is in Bed with JPM.
Think about it ---
IMO
INTERESTING CONVERSATION I HAD..
An Attny that is watching WAMU Closely, mentioned to me that WMI Attny and law firm should be reported to the Bar Association by all the shareholders for Fraud, Deceptive practices and defintely on ethics. Meeting and billing WAMU estate with STARKE is very interesting to say. WHY? esply before the so called FRAUD GS.
The ATTNY mentioned that all shareholders should write to the JUDGE/COURT demanding a TRUSTEE to oversee the estate and demand a shareholder meeting(its our right) and to OBJECT to ALL the billings Past and Present of WMI Attnys and there associates. The more voices being heard the louder we can be. Stated that shareholders have every right in being heard in every way. Esply when you have a non-existant BOD!!!! Look at who the BOD is!! and you will see the COI!!!
WMI Attny Rosen Disrespect to the court with his tone to the Judge is un-professional ethics and is thinking that the judge is just letting rosen and his firm dig its own grave.. The attny stated that Rosen is a complete A%% for his this - never has he seen such disrepsect like this. esply from a so-called top firm in the US.
The Attny stated the Judge does HAVE complete control of the court room and just letting the players go at it and while watching how the court room antics play out. While the EC must fight and keep fighting - and present its complete case or the judge will just wont see it if there is no objections or even fight or voices heard (notices the plural)!! .. YOU HAVE TO PROVE IT in a court of LAW!!! and thats what she is letting the EC to do - PROVE IT.. Present your objections, your case, your facts..
One step at a time..
IMO
Im getting the itch that they are going to let the P's run!!
yea baby 199 on the ask -- LMFAO and 1.10 on bid --
lol
ABIGHAMMER -
I always confer with my attny on the wamuuu issues.. and he in fact does listen to the hearings reads the filings ect ect -- well sure he does -- I pay him for it... Hes also my business attny as well so you might as well kill 2 birds with one stone!!
LOL .. I trust him in all my business transactions and hired him for the wamu project to see about a class action lawsuit..
His opionion is as follows:
all in all -- if you sold P's and dont buy in basically your out.. For divis the attny blves it will be with current shareholders on record at this current time and not the ones who sold out... (the ones who sold are SOL and they can sue under a class action suit) --- the ones who sold did benefitted in the transaction from a tax loss point of view.. they filed the loss with the goverment so they are not entitled to the settlement of back-divis.. so basically they did benefitted in that way.. EOS!!!
NOw with the divis:
The dividends will be an added plus and can be insisted to pay in a settlement (SETTLEMENT) but its not guaranteed in that situation.. BUT If JPM obtains the Preferreds then the market will price the stock occordinly and JPM will pay the back divis to renistate them or make them current in the payment structure.. and thus showing them in there structure as debt...
NOW
If anyone thinks Prefferreds will take a haircut to give some to commons is obsurbed in thinking that way... PLEASE NO Way this will happen from a legal standpoint.. follow the classes and the structure of the stock classes in all stocks. it will make the prefferred class have no legal point in current and future investment for ANY company. its called rank and file --- and this should be put to rest in anyones thinking.. Preffereds will be whole before commons see .01.. EOS..
Sorry all but this is from an attny who is overlooking the case and HAS shares in this company... Take it or leave it --
I spend the money to make sure that I get legal advice and make the right decisions and to not take anyones opinion on this board.. FYI,When My fly retired I hired!! EOS..
and all are my opinions..
It seems
that some of the EC members had COI.. from the trial team members...
Quinn Emmanuel -
6/22 6/23 6/24
Quinn Emmanuel HOT DOCS...
Production of docs - reviewing of docs ect ect --
Godfrey/Ard/Nelson
Yes - Judge seems very pisssssed off at wmi attnys for the games!!
anyone else get that feelin..
Yes it is from the prospectus and us guys have been discussing this for the past 1 1/2 yrs...
some of us longs bought in the 2-4.00 range...