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stockanalyze
5-10 bagger at a minimum,imvho. I like to see big players come in to a stock.They know a lot more about the inner workings of the company than I do, even if I do my DD.
Take Care
David
SOF
The DOJ knows all about Project West,IMVHO. Whether they were allowed to pursue is the question?
Take Care
David
jarenawer
By that line of reasoning will preffs continue to fall? Would preffs trade their stock for common in the NEWCO?
TIA
Take Care
DAvid
rosen62
That's what I like. An honest answer. I hold both perfs and common. The common movement is hard to resist!!lol
Take Care
David
rosen62
I came in on the end of the downturn. What was the reason for the dollar drop?
TIA
Take Care
David
DNU
Prior to their complaints being filed with the court all of the plaintiffs did exhaustive research on case law to determine if they had a case against the government They would not be going thru this exercise if they were not sure they would be succcessful in this court or a higher court. The government can issue any rebuttal to the complaint they want, as frivolous and dumb as it may seem. The plaintiffs will then counter with their own brief to allow the Judge to decide and we will then receive an opinion from the Judge that will either be favorable to us or not.
GLTY and GLTA
Take Care
David
KylieM
Otherwise known as tyranny. Make hay while the sun shines I say. Strike while the iron is hot!
Take Care
David
Webmu
Obviously your investor banker had a few too many martinis at lunch!!!!LOL
Take Care
David
ob
Supposedly the shareholders in those actions migh not have standing.
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David
KylieM
It would take a reasonable and fair judge to act accordingly.
Take Care
David
Demar
Thanks for the post!
Take Care
David
LG
My gut says "bet on the board" and "Blackstone" which is just what I have been doing the past year and what I will continue to do>
GLTY and GLTA
Take Care
David
guiseppi
I haven't concentrated on going back to FINRA yet(for this year.But I will and I will advise you regarding the outcome. I see no reason that I will not be successful again.
Take Care
David
Flagship
What day?
TIA
Take care
David
bs
Could really care less about the liabilities thing. The wsj writers conveniently do not want to bring up "assets" of WAMU which is really what any controversy involving both JPMC and FDIC should be centered around,imvho.
Take Care
David
rey
Hank Paulson is a puppet for JPMC and he said virtually nothing about FnF.
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David
vd
It was profit producing many times in the past year,buy at .54 sell at .85, buy at .75 sell at 1.25. Buy low sell high. It was profit producing when it was WAMU, prefs and commons. Buy low sell high.
It is what it is.
GLTY and GLTA
Take Care
David
LG
All good points in your opinion many of which I share. I see WMIH moving forward in the near term however. I personally am only interested in the outcome for WMIH in which I have many tens of thousands of free shares bought at low prices post reorg. WMILT is a foregone conclusion imvho as you have elequently described heretofore, thank you very much. You can't fight city hall as the saying goes and you can't fight a corrupt BK court system as we all have seen in the last 5 years in the case of WAMU. Keep up the good fight .
Take Care
David
LG
Wasn't following the case that well. Thanks for the heads up.
Should get interesting here when the claims are gone.
Take Care
David
RICo
At least we have Collyer as the Judge rather that Walrath who caved in on basically everything other than the reorg.
Take Care
David
detearing
Add me to the list please.
"dmceng"
Long and strong
Preffereds also a real good play,imvho.
Take Care
David
TR4
Sounds like commercial and institutional players to me. Thank goodness for us!!lol I welcome tem with open arms.
Take Care
David
Patswil
The only reason JPMC came thru the financial crisis in better shape than most of its rivals wa sthru the theft of WAMU. Check there financial for 2009, 2010,... and you will see what I mean. As usual these reporters don't have aclue.
Take Care
David
GO4AWILDRIDE
This will come on the heels of the FnF suits going on currently,imho.
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David
sub
Thanks for the post.Unfortunately, this blog like others misrepresents the true facts surrounding the "purchase" of WAMU by JPMC rather than the theft as we know it to be.BTW, the low information media enjoys including WAMU with the big players in the toxic mortgage fiasco when they were actually trying to wind themselves down from that arena and were a small player in reality.
Take Care
David
be
The guy's friggin incompetent. He's screwed up healthcare now he is going to try to screw up the housing industry. Live with it and perish.
Take Care
David
test
Thanks for the video. Cohen has some of it right. The media is saying that WAMU was a big player in toxic mortgages. We know that they were a minor player. The interviewer in the video is really an airhead, as are most of them these days.
Take Care
David
GGG
Not so. They can still inside trade legally.
Take Care
David
jare
Wealthy would suffice!lol
Take Care
David
NDT
Thanks for the post.
We will expect them to do well for us in the final outcome of the WAMU saga.
Take care
David
bowman88
Thanks for the post!
Take Care
David
pat
You can't trust the WP. Debt has increased 6 tril in the last 5 year, more than all the other administrations combined.
Take Care
David
Roach
This salmon guy obviously has no intention of seeking the truth and reporting factually. If so he would have researched WAMU and found that their subprime involvement was miniscule in comparison to Countrywide et al. His claim to fame in his rag was to make JPMC appear to be a victim, a moniker we know is very, very false, don't we?!
BTW Nothing will happen that slimeball JD. Too many friends in high places, don't you know.
Take Care
David
5bagger
Thanks for the opinions.I am buying more commons AND preffs thru the next 4 months.
Take care
David
radiumsoup
In your opinion what is the best Fannie preferred at the present time?
TIA
TakeCare
David
hmr
At the present time, in your opinion) which FNMA and FMCC preferred is the best play and why?
TIA
Take Care
David
RS
Will probably be postponed again but looks like we are getting close.
Take Care
David
PS
We never said she had any resolve, did we? WALRAT was a despicable lowlife in the entire proceedings and continues to this day with the same MO. Nothing has changed.
Take Care
David
mb
Just more common sense by experts in the banking industry that have no agenda other than to tell it the way it is ....the truth and nothing but the truth... It is so refreshing given all of the mis truths that are forthcoming from our elected officials demos and republicans alike
Take Care
David
BF
Thank you for the very "timely" post. It is what it is. Everyone be patient please.
Take Care
David