Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What if they did the S4V at $5,the point is Never trust rich people they want to get richer at your expense, if they can screw u they will.
Then set it and forget it I plan to watch closely and take decisions along the way maybe take half my winnings out before we get screwed. You can be the last one holding the empty bag
Unless you talking about escrow there is nothing we can do about that.
As usual the lawyers are the winners in every situation so far PIERS have made out like bandits wish I would of had them too
To me it means I do not trust people in power hedgies and overall insiders are on a different seat than retail and could care less about us little guys, like for example this S4V event that I do not think is going to happen but if it did it worries me these people could pull a fast one on us by reverse split going private who knows so many ways they can screw us...
LOl means watch your back just like AZ said haven't you watch any war movies with dogfights.
So does that mean you are changing your mind now and listening to AZ???
Yes, AZ I was paying attention, No LTI's will never be issued. Know what you own, watch your six!! Thank you
Quote:
can you now explain to me how the "RETURN" from the performing trust will be distributed?, will it be
A. Gold
B. Silver
C. Wmih shares
D. Cash
you forgot,
E. All of the above
LOL
who is talking about conspiracy theories or the 75%/25% split. I am talking about the legal process which allowed commons to survive not preferred holders... If you think otherwise is total nonsense. They were on the same boat as commons.
This is not your usual bankruptcy the thieves were caught with their hands on the cookie jar commons have as much right to get punitive damages just as preferreds. You are under the impression that preferreds get some sort of special treatment here LOL. Preferreds did not allowed commons to survive, the thieves do us wrong as much as preferreds and the court allowed the commons rights to be heard thru Nate Thoma. STOP THIS NONSENSE ABOUT COMMONS BEING LUCKY TO GET ANYTHING HERE THAT DOES NOT APPLY IN THIS CASE THERE WAS A JUDGEMENT IN OUR FAVOR.
ALSO WETHER YOU LIKE IT OR NOT COMMONS ALWAYS OWNS THE ESTATE....
Dmdmd2020, don't get me wrong I appreciate your post and wish it was true that will set me up for life...
Im not an expert on this but I like to use common sense and my common sense tells me you cannot file for bankruptcy having your coffers full at 300B. Also people like to talk about how much money WAMU had invested but noone really likes to talk about the liabilities. Anyways you cannot claim the estate is broke and then later on show Billions or trillions in assets LOL.
I guess even if they can distribute the money directly to the markers I don't see how they can keep that info out of public scrutiny there will be a lot of people pissed off.
My guess is we will get some money of course but not as much as people here think.. IMO
Well True follow the money but I think $18k /share is a little bit excessive but I guess we will find out, hopefully soon
Exactly!!, grasshopper!!
I don't trust the government for all I know they can make all that money disappear. Don't tell me you are naive enough to think they will give money away to all the nobody's standing in line. I have never heard of any bank robbers giving their money away usually they steal it for themselves not to give it to someone else well except for Robin Hood.......
LMAO $18k/share why not $50K/share on a $1k investment LOL!!
AZ you hit it on the Bullseye, the problem is that most people here just don't know what they own....
And people that read your posts still not comprehending maybe you should start teaching Investing 101.
Quote: "Tell no one" Sounds good to me!!
I sense some frustration and dont blame you after all these years but remember this is not your average type bankruptcy this event is unique and only happens once in a lifetime so sit back and relax get some veggies to munch on, your favorite drink or a cuban cigar and enjoy the show...
Thanks AZ makes perfect sense to me.
I did not listened and covered my arse I have both
what is very unfortunate is all the people that followed the advice of getting rid of their commons and get preferreds so one could get richer now those people might be dissapointed and ask a relative to kick them in their arses....
La Avaricia rompio el saco
I hope is either option 1 or 4 I want this to end good or bad. Its been too long.
AZ, Thanks again for your invaluable research and due diligence...
Thank you AZ for your posting I was tired of seeing the nonsensical red lettering rubbish
Jerry ask the lawyers or whoever is managing those trusts they are holding those interests for the rightful owners maybe for those that signed releases? Did you?
Quote:
Just from a logistical point of view and not legal.,if the performing trusts pay directly to us, how do they get the list of people who signed release or if they will pay to everyone who used to own WAMU stocks, how do they get that list?
Right from the getgo, the theory already makes no sense not counting that the theory is counter to POR 7 and therefore illegal.
AZ I was just being sarcastic of course I'm waiting like everyone else to see what the performing trusts brings us Not much on the WMILT to distribute to 75%/25% so much for that...
That's like $0.01 cent per share after 10 years
LOL, ANOTHER YEAR GONE BY. HOW MANY MORE .....
I second that Thanks to RD to bring some hope into the table.
More like Im a fool for thinking my account would be full of money.
I wish I could wake up some morning and see a post saying we are rich and see my account fool of money but it never happens...
yeah, thats a cool song but what is supposed to happen in September????
I must admit I did not see any connection as other people but what it is interesting to me are the players and the timeline. I'm not worried about the billions I did not expected that much money but some sort of a lesser payout, although I love to be wrong.
Royal I think you are onto something.This would make up for the Dell incident
LOL
Quote:
~ Yes, I Understand”, ~
I just spit out part of my chicken sandwich, when I saw the nine zero’s, ... that would have been one heck of a Debt Offering ...
anyhew’
AZ
Actually I heard PIERS are the only ones that have been payed so far.
I wished I had bought them too.
Goverment always wins they make the rules and rewrite the law they dont need your approval LOL
and who exactly gets to keep the profits??
Maybe that was the plan all along to fund Social Security and other government programs with WAMU funds.