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oh sorry, my bad....disregard that comment. MY bad
Sorry. I apologize didn't take the time to read all the posts.
GO WAMU!
GLTA
just refresh.... my b of a does that a lot.
Here we Go.... the lifeless, useless predictions of where this will go in hopes the "i told you so" syndrome can be addressed.
This stock is naturally rising for the pull backs earlier this week and last week. It's never had a daily gain of more than 29% so settle down girls.
Ok, this is just your opinion. Nobody really knows whats going on.... please factual information. Opinions make the newbies nervous and when things don't pan out they sell and that just helps the shorts.
what meeting? oh great that's worse than throwing pps numbers in the air....
The mm's at work again, damn you shorts... their gonna tease us again, we can't seem to break the.12 mark.
DAMN YOU SHORTS!!!!!!!!!! (waiving my fist in the air alla Seven Colbert)
yeah, sorry i meant to post in general not specifically reply to your post. Apologies.
GLTY
GO WAMU
Must we discuss the speculation of pps day in and day out. from .0001 -$12.00, really people! Can we discuss facts or general news, links or concrete DD? rather than dream about unsubstantial amounts; because JPM offered so much, and because after the lawsuit or because the FDIC would owe....
Stop! with the damn speculation.
We are up from .03 or at least I am, made some money on the runs. Stop bitching about it.
sheesh!
GLTA
they only frustrates day traders.... in for long baby. GO WAMU
come dude, you can't expect a return in a day. GO WAMu
sorry wrong board....keep up the good work. Go wamu
nah, i am not upset at the money, chump change, i am upset at myself that i actually fell for this s..t, that's all just venting. It may move and i would eat my words, but I'd be willing to give my shares to the homeless guy at the market, in fact maybe i'll do that. I'll give him my stock certificate and tell him: "gene sends his love"
GLTA
not today, maybe tomorrow, or maybe even next week, but definately not today. LOL
true.... but the publicity will create more dollars. Most products are worthless but good marketing makes them GREAT!
I wish the media would take this and run.
on a side note if you're so against this stock why post negative and just be an a..
I'm not dreaming, but i am optimistic. Do you own any others shares? If so, what makes you think they're secure?
Once government is involved and corruption takes over, no security is safe.
GO wamu! Shorties DIE!
couldn't have expressed it better.
If all else fails we can organize a class action..... GO WAMU!
GLTA, see you on the other side of the settlement.
you mean JPM stole Wamu from the FDIC....LOL
GO WAMU
my point is.....
as I stated and someone also stated on this board. Lord acton's statement: Power corrupts; absolute power corrupts absolutely.
I want to believe their is some shread of justice and decency left, but when you make a mistake like the FDIC has done, you can cover it with a settlement or with more lies.
I hope it's a settlement.
IMO May 20th can be crucial but lawyers have a way of buying time and usually wait until last minute.
So I'm in for the long haul.
GO WAMU GO WAMU
Good point! I hope you're right!!!!
GO WAMU!!!!!
I hope I'm wrong...BUT companies like TPG that have so much invested could very well be in line with JPM. We don't know what happens behind closed doors the biggest shareholders could get compensation under the table so to speak, Fdic settle preferred and cancel commons.
Companies as large as TPG and 8 million tax write off is nothing.
I am realistic and know that companies as large as JPM, TPG and even wamu don't make an honest buck.
Let's not make wamu out to be the innocent little victim. They may come out of Chapter 11 cancel all shares and sell out to FDIC and JPM, remember at the end of the day we're dealing with greed on all ends.
I hope I'm wrong and we're all a little richer at the end of this tale
GLTA
I agree...BUT.... we're talking about JPM, they agreed to pay 1.9B and steal wamu's 4B deposit. What makes you think they want a settlement, as far as they're concerned the FDIC offered and they bought.
unless Wamu can prove JPM had any wrong doing (i am sure they had) then there isn't much of a reason to simply settle. The fdic will probably want to settle via JPM. In other words give JPM cash to buy wamu and settle, but that can take forever.
We can speculate in 100 different ways, in IMO justice needs to be served.
GO WAMU>>>>> buy more, no selling ....crush those short traders
let me guess 7-10 days? LMAO
why is everbody complaining at this stock? I hoe you didin't throw more than $100 bucks at it. It's worthless, ok with very slim possibilities. If this is your lottery ticket ....move on this ship has sailed.
The Gene dude is scum. I lost 100 bucks.... GLTY
THE Stock prices is not being affected by the anyone but the shorts, mm's. No news, speculation or otherwise is making this stock rise or fall. Unless concrete information is out there, this stock is just mere mm manipulation. You either buy more as I did today or sell out as some others may have done.
You can't look at this stock day to day it will drive you crazy. Wamu has won some battles, but it is a long road ahead.
If you have this mind set you can't lose. Don;t invest here looking for a return in 6 mos, it's not gonna happen. If there's a settlement well I hope it settles our way. People keep in mind a settlement usually offers less then if we go to trial, thats why is called a settlement.
I'm thinking wamu should take this all the way.
GO WAMU!
wait a minute! JPM offered $8 a share before they stole wamu, its not like other banks were jumping and offering more. What we think it's worth and what it's actually worth are 2 different things. Who here has sold a car privately and has sold at its full asking price? If you said yes, you under priced it in the first place.
Well you are leaving out some things. Wamu owes considerable taxes, however that may not affect your math too much. The math appears good on paper but could wamu cancel shares and simply start over? They pay preferred and dividends and cancel commons. that could be a possibility. However their debt would have to be higher than their assets and we're not calculating those here.
I think their are way too many variables here. I invested in wamuq because I beleive Wamu has an edge, but then again we all thought OJ was guilty, anything can happen. lol
GO WAMU... and great posts lately!
100% agreement. Pennytrader
I got your PM but I am not premium so I couldn't reply.
You make a great point and point taken. My take is modesty always prevails, and I know this and other boards like to pump stocks, I get it. I usually ignore those posts, but yesterday they just got the best of me. apologies to the board.
I want wamu to win just like the next guy, but not because it will benefit me personally.
A large robbery took place in this country, and as an american I want justice. you and and I and most of us got in at a bargain, and if it pays out for us, well awesome!
Think about those folks who had invested with wamu prior, I know someone who bought 200,000 shares at $4.00 (ok he's wealthy so it doesn't affect him) and like him there are people's 401K's slaughtered or portfolio crushed.
I would gladly give up my shares if it meant setting this straight. No, I am not a saint, not even close. I just want to beleive in the justice system again.
Maybe I just shouldn't be on this board, and that I get. I'm in for the long haul and I hope wamu prevails, profit or not we need to stand up to this apparent disregard for laws and hostile takeovers.
This country is great for what can be achieved, but not if it can be taken from you when convenient. Am i missing something did we vote in Castro as our president?
Go wamu!
agreed, but do we have to throw ridiculous numbers in the air? the children get all excited.....LOL
If wamu gets screwed....RIOTS in the street. we need to be heard. Power to wamuers!
GO WAMU GO WAMU GO WAMU!!!!
I tossed $100 bucks at this stock, I know it's junk but I figured i can always sell and get $93.00 back or wait, less another $7.00 to trade it back ....damn lost 14% already ....LOL
See you in 7-10 days LMAO
GLTA
or we can get Diamond form JPM to spread rumors that bofA is insolvent.... hmmm history can repeat itself!
GO WAMU!
we have 4B we can offer them that's twice what JPM paid for us.... that sounds fair to me.
of course they don't need capital, the took a 300B gain with 1.9B investment. Disgusting!
although FDIC: watch out! you just opened a huge can of worms... if BofA is possibly insolvent, what was Wamu's position last september without bailout money?
Wamu lawyers will eat this up....
GO WAMU!!!!!!!!!!!!!!!!
well put...IMO and just my opinion, it is in the FDIC and JPM interest to settle before May 20th, if a judge grants WAMU permission to sift through their sock drawer, (so to speak)wamu may find a smoking gun and have a stronger case, force a larger settlement, or worse case for JPM not agree to a settlement, and take it all the way.
I'm in for the long haul, settlement, long court battle or otherwise DIMON needs to be taught a hard lesson.
GO WAMU
FDIC is pure corruption and that is scary.... as Lord Acton once said; "Power corrupts; absolute power corrupts absolutely"
no doubt about it.
My money is invested here in hopes WAMU can fight those corrupt powers and make good by it's former employees and people that believed in them. Wamu probably not considered a saint in the banking world, but what was done to them is 100% robbery. So we can discuss it until we're blue in the face. The facts don't lie, FDIC, Goverment, Obama...step up and repair the damage because once we loose faith in our banking system, then we are no better than a third world country having to harbor our savings under the mattress.
JMHO
wait, you pay taxes? LOL that's true but money will always circulate and that's ultimately what we want.
When money changes hands it boosts the economy.
The goverment FDIC needs to be responsible for their actions even a 3 year old would trade 1.9B for 4B in return....
So now we're comparing who is more realistic?
Does it matter? at the end of the day we're all adults and we know were we're putting our money. Are you our savior?
What's the purpose of subjecting us to your unreliable guesses at best?
The whole point is if justice doesn't prevail here....we all have a bigger problem, if a company this size and this liquid can be slaughtered over night and have no legal recourse.... that's my biggest fear. Not worried so much about the money lost.
Nothing is set in stone, and the reality is nobody here really knows what can happen. It's like watching a game (any sport)you can analize the formation, players, coach, records stats...but at the end of the day anything could happen.....So pick a team, either your in or your out.... and if your gonna speak up do your DD before you draw conclusions.
GO WAMU!!!!!!!!!!!
Kmart common shares were cancelled bad example
This stock is junk.
Sorry to those who invested early. Don't see this going anywhere. I rather spend my money in a bar.... I might just get laid there. LOL
Wow.... who here has owned this stock or any stock and has gained ever since? yeah i didn't think so....
P & k's are also down we can't expect 10% gains daily, that's the reality we need to face.
.06 really? now that's wishfull thinking..... I will buy another 100,000 shares if it does.
GO WAMU!!!!!!!!!!!!