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I may be a little behind the pace but the Thailand deal was another exaggeration/LIE ???
Only 1Bil is due to be paid in 09 with the rest to be paid up to 2017. So how could the FDIC make any legitimate claim to the 4.4Bil? The FDIC imo is going way out of its perview in this matter.
Covering the short sends the price up when shorters are forced to cover their positions in a short space of time/quickly. This is usually fuelled by positive news about the company etc, that would cause a rapid appreciation in share price that can't be manipulated. Those 350mil shares were covered when this was still on its way down and even now due to the uncertainty about WMI'S financial position. This may change next week, but then you should know all this already.
Does anyone have an up to date short shares count???
Everyone has a right to their own opinion whether they are right or totally wrong!!!!
Who is TMA and what do they do? Thanks
Were the old common shares for Health South wiped out after the came out of chap 11 or were they retained??? Are there any other examples of companies that retained common shares after chap 11???
Read the most important part of that article. They owe 13.8 Bil to creditors already according to the ""FDIC"". I would think they are hardly a reliable source in this matter.
nite all, again
I am not absolutely sure but i dont believe the 1.9Bil value that is quoted as the total asset value of all WMI'S subsidiaries on the 8K is correct. It is listed as investment in subsidiaries and would not be part of a normal monthly 8K filing. I will have to confirm this.
nite all
Sorry my mistake, youre just short. Its CMARK thats reinforcing misinformation. my sincerest apologies!!!
Well said !!! eom
ANYONE!!! whats up with Wampq bid/ask??? sorry about double post.
ANYONE!!! whats up with Wampq bid/ask???
was the post that their bottled water sells for just $5 a case? i cant see that as being true since they wont make any money at that price.
Any info on the Brandes issue? Eom
Correct. The treasury dept. reopened the loophole that allowed for the "trafficking" of losses by profitable companies that do not want to pay taxes. The NOL of WMI will remain in tact after any house vote but the tranfer of the NOL benefit will once again be prohibited.
Sorry but I refererred to DI because he seems to be the "head" of the non-positive sentiment on this board. Anyways please disregard my statements tonight. I'm posting on my blackberry from a BAR in Trinidad(Caribbean) after quite a few drinks of Rum and Coke. Maybe we'll continue this discourse when my mental faculties are less impaired.
Ps: I use more sophisticated language when I'm intoxicated!!!
Good night all.
I am in total agreement with what you said and I welcome negative posts of Wamu...but please post facts. The so called pumpers at least make an attempt to "fool" us with links and info from credible sources. What do I get from the board "native"??? Only gloom and doom with nothing to back up his statements!!! At least step up ur game to keep us neutrals grounded.
IMHO!
What's his scenario and those who support his rants with not a shred of evidence??? Simple.....SPEWING FEAR on this board is 1000 times more powerful than spreading hope and facts !!! Think about it, ...I know my confidence is shaken every time I read his posts.
Ps: I also don't pay much attention to the hypers also.
GLTA
i see the high number of short shares that need to be covered but the question is when??? Is there a cutoff date for shares to be covered???
What happened with Brandes issue??
Could anyone please explain how we are no# 1 on ihub with half the amount of posts as the board at no#2 ?????????????
I hear ya. I'm no expert but something just feels right bout this stock and I'm not gonna be left out of the best that's yet to come.
Btw this post is not a pump. I work for a livin so any proceeds gained from Wamuq is in addition to my salary.
Please, oh please MMs, hold Wamuq at these levels till my 5K clears 2morrow!!!
Anyone saw the new Wamu/Jpm bank commercial? It seems they are confident that this deal will stand up to scrutiny and is already sealed.
We won't hear bout those deals nemore cuz he exaggerated or fabricated them like he's done in the past. Moreso the former I believe.
Reading that article I can't find any major differences between JPMs raid of Bear or Wamu. Seems they have perfected the strategy. Sickening!!!
Or maybe move designed to shake shareholder confidence as it did mine. Still holding though.
WoW! That's not a good sign.
When will brandes have to deliver certs if ever to GSCO ?
Fair enough, but his comments are not backed up by verifiable facts. No links or articles are provided for reference, just opinions. If he did this maybe people would be more receptive to his posts.
First off I do read all your posts to get a balanced viewpoint of wamuq. What I don't understand is you have claimed to not know for sure what is going on in previous posts. Yet in this one your tone is of total confidence that wamuq will fall. So which is it, are you in the know or are you just blowing smoke?
So what happens if they fail to deliver? Are they fined by SEC, sued or forced to cover at any price since available shares have dried up. What is the precedence in this situation? Also can anyone refer to any company that was in the same situation as WAMU is today that have come out of Chap. 11 and are thriving. TIA
How can the system be allowed to continuously be manipulated by these barstids. Its just sickening!!!
Does it really matter which wamu shares you own? I mean if one benefits the others should also. Am I missing something here?
Help please. I own common shares but I want to add wampq or wahuq shares also. Can anyone tell me the difference between the two and their respective pros/cons. Thanks
Ps: keep responses as simple as possible, I'm new to financials.
Ok! So in plain english what does this mean for common stockholders?
Is this current updated info?
OMG!!!! alibaba and his bunch of thieves are back for another raid. i just cant believe it.
i was getting the "i am legend" feeling on this board for the past week.