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Haven't you noticed, the share value has been dropping.
Go Susman! Keep driving the price down. If Susman team was doing their job the value would not be in the toilet like it is, it would be climbing steadily.
Keep cheering him on all you want but so far I'm not impressed.
IMO
Cash
Yup you got it right.
Very different tone now that reality is setting in. IMO
Plan B is not an option.
Shoulda listened to a few here brave enough to discuss this very situation. Beware anyone who keeps telling you to hold out or buy the cheepies while they last, or hold out for the 2x's value? What a joke.
The more you get took, the broker you will become. IMO
PS: You got backed into this corner because you took bad advice spewed out for over three years and held out instead of selling like the smart one's did March 12, 2010.
Good luck anyways, everyone will need it now.
That's lame. There's NO RUN UP folks. That's exactly what I'm talking about, Reverse psychology. Your claim is unsupported and simply your opinion. What a joke dude. Put on a shirt.
Boy, talk about gullable, three years of claims saying commons are definitely in the money, - 2x's value, what value? we should be at $2-$3, load up, get your cheepies while they last, and soooooo on.
You have all been duped by reverse psychology programming. They keep you hooked on the idea you are gonna collect big, get rich on wamuq, invest now, and promote it with lame court docs to support their claim. Like I have been telling you all for years, there is nothing in any document that proves commons will be getting anything till now. Was it worth waiting for 3 1/2 years, tying up all your cash reserves, when you coulda been trading on more active stocks? ASsk yourself, how many here have lost a ton of $$$$ on the BS spewed for 3.5 years.
I remember most 3 years ago claiming the HJMW WAS on the side of EC, then as things progressed, she's the devil, she doesn't know what she is doing, we';re screwed with her decisions. and so on.
What a joke wamuq turned out to be, even for prefereds. imo
Cash
Realtime what happened to you 2x's pre bk value?
For three years you made this claim, just wondering what your thots are now eh!
I've been saying it for years, there's no value till the court puts a value on commons no matter how badly you want it.
IMO
Cash
Sorry to hear that been there done that!
Cash
Chiron what happened to your prediction of
Quote: (Class 12 means Dimeq goes to $2 - $3, and commons will go up because they won't be diluted.)
Dam that musta hurt going from .80 to .10 over night.
Wamuq Commons never went up either, so what do you think happened?
Cash
Jhd see your post #355184
Quote:
(That's 2 X Value +...... Aprx $7.60 x 2 +.)
If you were just clarifying, maybe you should clarify your clarification do your clarification is not taken out of context. IMO
It would be nice to see $7 but we will be lucky to see another run. Nothing points to it in my opinion.
Cash
You can bet your next pay check that JMW has been gotten to by govm't ops so the FDIC has minimal stake in the end result. Judges can be used as pawns when this kinda money and power is involved.
IMO
Cash
What happened to the 2x's value? posted for years by realtime and others?
Will it ever recover?
What caused this massive drop the other day?
355,000 + postings and we are no closer to a payout then when this started.
Cash
It seems to me that by keeping the share price low like it has been for years proves the conversion of common shares for newco shares has been in the works for a very long time.
Example:
The lower the value of commons, The more shares it will take when converted when the new shares get issued.
The higher the value of common shares the fewer the shares it will take when converted.
Seems to me that this has been manipulated for years which stands to reason why Wamuq has performed so poorly since the BK.
Imo
Cash
Yup this has been a cliffhanger for some time.
Will be good to come to a close and see equity walk away with a resonable stake in the pie.
Cash
jhdf51 I agree, he and Realtime 64 who has disappeared recently have claimed 2x's a made up value for over three years. Heck, why not claim 6 times a pre BK value 12 months before the BK. That sounds even better....lol Now that things are winding down, it appears 2x's this made up value has little meaning anymore.
I got my notice last week on the January 11th hearing also, can't say I am excited yet.
IMO
Cash
If thats the case why then does the SP keep dropping and now below .054?
With so much speculation this should be running like it did on March 12, 2010!
IMO
Cash
Hey bubba
Because there are ahandfull if poster professing 2x's a made up value so they can keep new bees pumping in mor of their savings. Just be careful what is posted here as both sides are working the fence on Wamuq stock.
Until a court order says it be carefully not to believe ones opinion without a valid document to back it up.
Many a newbe has been duped. IMO
Cash
This drop off in price should have been creating a blitz of buying opportunities for Wamuq but it has'nt.
To our shegrin, If equit stood to gain as much as has been speculated here, why then is there a continual sell off instead of people lining up to buy?
And don't keep blaming the MM's. The recent small jump and dump with large blocks purchased is
simply day traders causing a .01 to .02 increase then they dump it like your seeing now. IMO
Cash
What are the realistic possibilities the newco stock would start out in the $$$ range and continue to increase to ????
Cash
Ditto to nitwit
This stock is worth at least .35 a share to someone. IMO
That run in March 2010 was real but there was no news that made it happen. It was greed and manipulation. What ran up quick also came down quick. If it was a solid run with substance the run would have kept going instead of dropping again to ,05.
IMO
Cash
If they were buying up to the max we'd see huge volume run ups and SP increases like never before.
Don't be fooled by silence as it awaits the nieve.
Cash
I agree with Tombrady on the fake run
We saw that on March 12, 2010.
Cash
I agree with the general cost averaging down is a good strategy to increase your margins when there is a run even a small tun.
I think if we had another tun like we did in March 2010, many would sell off.
IMO
Cash
Here comes the sell off
Sunds like a lot of people but
Holding for over three years tying up ones capital base on a penny stock in BK when posters claim 2 x's a made up value can cause one to lose out on other great opportunities and possibly lose all so don't get caught up in the get rich hype. Remember the saying , if it sounds to good to be true it probably is.
IMO
Cash
Axhammer - just think your $2000 investment for 49,500 shares if you would have sold them in March 2010 when topped out over .70 would have grossed you over $35,000 and when it bottomed again under .05 and you bought in again, you would gave still made out very well and still had 49,500 shares.
The problem on this stock is holding out when a run takes place, tying up your funds when you could have cashed out and then bought back in again.
It happens over and over to people hoping to hit it big, trading on emotions instead of margin.
IMO
Cash
Pop in any moment, ya right.
You're convincing anyone here with that theory , lol.
It's been over 3 years. You don't think these hounds know a gravy train when they see it!
They know every trick on how to delay and spend so don't think it's over yet.
IMO
Cash
Wang
Just think how many people have tied up their assets sitting on a penny stock for over three years thinking they are gonna get rich based on a whole lot of DD and posts claiming 2times a perceived value. They could have been playing other stocks but noooooo a few on here keep their lottery dream slive with DD that hasn't produced a single piece of evidence this stock is worth sitting on for three years. If it were, large blocks would continue to be gobbled up driving speculation and the price.
Heck I may win the lottery some day if I bought into the idea I had a winning ticket.
Of course this is just my opinion.
Cash
If this upward trend continues you can bet
Someone knows something and walking it up slowly doesn't hide that fact.
IMO
Cash
Yank I guess that's why some remain as back seat drivers while others break new ground, get involved and make changes take place.
I tell those who criticize others not to until you walk a mile in their shoes.
IMO
Cash
Ditto Dragon52
Dragon52 until a court doc spells out settlement, anyone especially realtime 64 who keeps speculating commons will get 2 x's a pre BK value amounts to wishful thinking.
IMO
Cash
Dragon52 ya but according to
The godfather, fish, voodoo, Chiron, gmen, ilenes, the general, locksmith, and a handful of others this stock is going to soar with a few claiming 2 or 3 times a value pre BK.
Why should we not believe all their DD, sit ins at court and documents posted!
Afterall I believe in the jurous prudence and if the evidence in court proves wrongdoing commons should prevail.
IMO
Nash
In 3+ years I've seen this go from 3.5 billion to now 345 billion.
It's amazing that a company with so little assets is now worth a third of a trillion dollars yet the share price hovers for months on end around .06 to .07 cents a share.
Manipulation or not this stock should be in the multiple dollar range with that kind of valuation.
IMO
Nash
Real....
Article quote: The system the WaMu inventors developed automized the process of switching over to a new institution.
Yup and WAMU will have all the information on your new bank and new account. Then when they get hacked, wam, all your info is taken. The less info one bank has over another or on your new account the better. IMO
Nash
You call this a run!
March 12, 2010 was a run.
Nash
Viva
I agree and it shouldn't be all that hard for the Feds to find out who shorted this into the ground if they really wanted to know. IMO
Nash