WAMMMUUUUUUUUU
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INTERESTING ARTICLE THAT CAME OUT - SOME KEY WORDS AND AN OLD FRIEND MR STARKE CAME OUT OF THE GRAVE FOR SOME QUOTES... NOTICE THE WORD "COMMON SHAREHOLDERS" "COMMMON" .... AND NOTICE WHAT HE STATES ABOUT PREFERREDS! NICE WE ARE IN THE MONEY!! STARKE OWN PREFERREDS! IMO
It's a cheap lottery ticket if there somehow miraculously is a payoff to the common shareholders," said Kevin Starke, an analyst at CRT Capital Group in Stamford, Conn. who has been following the WaMU situation closely. "That is one element you see in bankruptcy situations generally."
Starke thinks investors who believe that common shareholders will recoup value are probably kidding themselves. Holders of corporate bonds and preferred shares will be first in line should JPMorgan return money to investors, with common shareholders a distant third.
At this point it really looks like everyone is leaping onto any type of risk they can," said Yousef Abbasi, financial desk analyst at Execution Noble in New York. "People are using it as a trading vehicle."
Indeed, traders have coalesced around WaMu, which now trades over the counter on the pink sheets but is moving this week at volumes more closely affiliated with market giants like Bank of America [BAC 15.55 0.14 (+0.91%
The legal battles between WaMu and JPMorgan revolve around two issues: A dispute over a $3.7 billion bank deposit and a related contention from some investors that the company has as much as $12 billion above and beyond what it owes creditors.
Some believe that WaMu was the victim of a bank run and dispute the validity of the FDIC shuttering the institution and brokering the deal with JPMorgan.
CRT's Starke said the hopes are being perpetrated on Internet message boards from those trying to manipulate stock prices by pumping up hopes for a JPMorgan payout to common shareholders.
"That is likely to be proven untrue and fraudulent," he said of the rumors.
http://www.cnbc.com/id/35797356/Why_WaMu_Stock_Has_Soared_It_s_a_Cheap_Lottery_Ticket
Hmmm
According to Rosen -- enough to buy a gallon of regular milk...
I wonder if "Rosiebutt" ever
was Breast Feed as a young child???? Since he loves to MILK our corporation!!!! and he keeps bring up the term so often in his filings....
Hey he is the one who set himself up with the terminlogy of "MILKING"... I just thought he might of missed some boobie action when he was a little child.... because it seems hes not getting it now...
I admit I was breast fed!!! and dam it was good!!! lol
"ONE
DAMM
GOOD
BREAST"
OOPPPS what commercial is that from??????? lol
"Preferreds" ARE in the money!!! FACT!
WAMU worthless stock?? No but a Worthless Law Firm and lawyer HE IS!!!
Hey Rosen "GOT MILK"???
I would love to us to object on all his law firms billings!!!
We should flood the court with objections with all his worthless milking billings!!!
ANYONE - "GOT MILK"?????
wamu will not get the business if jpm goes out of business...
LOL --- too funny ---
If JPIG declares Bankrutptcy we all are screwed -- and when I say all well lets just say "1929" all over again... there will be no banks around and it will be a national bank controlled by our wonderful obamamamamama admin.. who by the way cant even clean up the mess in the gulf with the oil... LOL...
so your best bet is A and hope for the best...
ITS CALLED FILL IN THE GAP!
Look at the Pelicans fly!!!!
LOL chiron -
The next star wars movie characters.. LOL ---
I wonder who is darth vader?
I blve she just set up rosenbuttcheeeeeaks for a checkmate move... Im loven it! "GOT MILK"
"we are the client"!!!
GIVE US AN EXAMINER - GIVE US THE WORK DOCS!!! GIVE US EVERYTHING!!!!
"IT HASNT BEEN!"
WOW -- SHE IS STRONG TODAY!!!!
I love it!
Im going to the court house -- with my "GOT MILK" T-shirt on!!!
Mehdi - dont you dare mention that "S" word for this weekend -- !! LOL!!!
YES thoughts too buddy ---
1. we flip the commons
2. never on the p's!! lol
I never stated that -- I just find it hilarious that both of us did on the same day as we are die hard Prefferred holders...
its like we are reading eachother minds -- LOL!!
weve been pretty much on the same wave and have the same feelin of where this is going --- LOL...
Surfs up dude!
SF -
chiron and I were buying this P stock when they were 3-4/sh over a year ago - and when it reached 100 we didnt sell! we all know about the divis BUT they are NON-COM'S... Who knows what will happen, so much has changed and it keeps changing every day!!! One day good and one day bad -
Both of us did the dirty with buying some commons.. y not throw a couple of lotto tickets at the back end and support our fellow common shareholders...
Chiron cracked me up yesterday, I think he reads my mind.. I buy U's and then I find out he buys the U's ... go figure!!!
Im now a Common WAMU Owner.. after reading some of the recent filings and recent smoking gun emails I finally convinced myself to throw a few bucks at the commons.. As some of you know I was 100% preferreds in those class and now I finally took the plunge and became a "U" man...
So Diamondguru - you opened up my eyes and I finally saw the light!... !!
You got to be in to win...
I have a feelin about the "U"'s... and we need more cowbell...
No pumping here ---
I was always a Preferred owner -- and always hated the commons theories of how much they will get... I just broke down and said what the hell let me throw some loose change to the commons...
But trust me NO "U" pumping here... Iam and will always be a
"PREFERRED" type of guy!! LOL!!! GO P,k and of course H's!!
talk about pumping - the only pumping I will do is on my woman!! Hey OILCAN dont you have a well to tap??? lol...
I cant blve I actually did it...
I became a common WAMUQ Shareholder.. not much but threw some pocket change at it, if it hits.. you got to be in to win... if not then the P's are of course GOLDEN.. BUT I did not sell any of my preferreds to get DIAMONDGURU's golden lotto ticket!! LOL!!
Why I bought commons - lets say new documents that are coming out speaks of volume!!!
and I now blve commons will get some compensation...
IMO
this is the first time Im thinking,
to get into Commons..
Who would of thunk it!!!
I do know I was at odds with DIAMOND for awhile but I think the commons are seeing alittle light!!!
so did ABIGHAMMER get paid yet????
because when ABIGHAMMER gets PAID, GOLD-NUGGET gets PAID!!! and of course who ever has there lotto tickets....
Im sticking to my guns - JPM takes over all the Preffereds, reits,H's, K's and P's and reinstating them with there divis, thats 7-8 billion taken away from WMI bottom line..
Jp gives back the 4 bil and not entitled to the NOL's and poof JP has been released. Can you say instant A>L!! Now for the commons I blve the fdic takes care of them....
rosiebuttcheeks pucker up -- and squeal like a pig....
heard we havent seen nothing yet!! NOPE - the best is about to come... We have a 3rd party who is very very quiet...
who is he/she????
For backup of docs -- fact anyone hear of IRON-MAN!!! FACT!!!!
all are IMO!!!
my exact thought on this...
She has to wake up!!! this game rosiebuttcheeks is playin has gone on long enough..
Talk about abusive billings to our estate... he is using our funds to file against us!! our money!!!! JPM/rosen/fdik is using our funds for this suit!!!! JP is using our profits to fight this.. OUR MONEY!!! JP doesnt care how long its going to take - cause the revenue of our profits is what is paying it.. so its costing jp NOTHING!!! NOTHING!!! Our revenue is paying for there defense!!! Talk about FRAUD!!!!
Where is "JD Wentworth" when I needed him!!!!
but jamie said he could of bought wamu for 1.00 ---
go figure -- I mean One $5.00 footlong of subway sandwich is worth more than wamu... go figure!!! quote by homer simpson dooooooooaaaahhhhh
AFTER years and years and years of appeals and then the actual 24/sh will be like 1.00 in todays markets after numerous hyper inflation and mutiple recessions due to our wonderful gov of todays wonderful economy!!!
can anyone say "CONTROLLED ACCUMALATION"....
is anything trading??????
DANBB -
I know just Kiddin.. But hey y not..
"Just so you Know" Tick Tock JW!!! LOL!
I have my POR ready -- do you???
ANYONE can send one in and be considered...
Do I hear boooooyaaaahhh !!
HMMMM Do i hear an EC/Susman filing of there own POR on WEDS????? HMMMMM I hear fingers typing on the computer!!! I hear printers and someone calling out "We need more COWBELL -opps I mean INK"...
Lucy Im home....
Hit??
I would say buying opportunity and accumalate more Preferreds to vote this mother down!!
More shares means more votes for NO!!
"WHAT IS THE HURRY?"
now where did we hear that phrase before!!!
WED 26th at a theater near you!!!
Just wanted to make sure that they did... but its good to know that!
Thanks..
thats what Im saying!!!
Commons have no pull at all in the plan... Preferreds DO! and owning a little with actually having your voice HEARD will do something..
GUYS, We need to tell the commons that in order for them to VOTE on this POS POR that they need to have stock that can actually shoot down the POR.. They need to own alittle "PREFERREDS" doesnt matter if its K's or P's.. WE preferreds have a voice and can vote on this -- Commons have nothing and are depending on the preferreds voice.. We preferreds are NOT SELLING and today confirms to me that the MARKET thinks the POS POR and the FDIK signing on board is Crap!!
So if they own any amount of shares they can be HEARD!!!
Start telling them - My 3 daily posts on the common board is met!!
TO actually vote on this "POR" you have to buy some preferreds.. PREFERREDS HAVE A VOICE Again since commons have no voice and can not vote on it - you can vote "NO" by buying some WAMPQ and some WAMKQ...
Just a little so you can be heard and keep your commons intact!! SCREW ROSEN in the process!! screw the FDIK and SCREW JPIG!!
VOTE "NO" and be heard!!!