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.
its a chess game with more than two players
thats why they do these shakedowns
Looks interesting...
here is that link someone was asking about earlier
http://www.mffais.com/rankings/all/top-10-good-moves.html
Page Created: 2008-10-06 00:44:00-07
Global Top 10 Good Moves
1 Franklin Resources Inc bought Washington Mut Inc (WM) stock, then the price went up, resulting in $919,379,083 of additional profit!
2 Capital Research Global I ... bought Washington Mut Inc (WM) stock, then the price went up, resulting in $918,096,798 of additional profit!
3 Hotchkis And Wiley Capita ... bought Washington Mut Inc (WM) stock, then the price went up, resulting in $516,431,459 of additional profit!
4 Wellington Management Co Llp bought Washington Mut Inc (WM) stock, then the price went up, resulting in $481,224,593 of additional profit!
5 Dreman Value Management L ... bought Washington Mut Inc (WM) stock, then the price went up, resulting in $433,554,470 of additional profit!
6 Marsico Capital Managemen ... bought Washington Mut Inc (WM) stock, then the price went up, resulting in $398,008,620 of additional profit!
7 Franklin Resources Inc bought Pfizer Inc (PFE) stock, then the price went up, resulting in $337,492,002 of additional profit!
8 Franklin Resources Inc bought Microsoft Corp (MSFT) stock, then the price went up, resulting in $202,012,624 of additional profit!
9 Amvescap Plc bought Wells Fargo And Co (WFC) stock, then the price went up, resulting in $199,701,469 of additional profit!
10 Fmr Corp bought Washington Mut Inc (WM) stock, then the price went up, resulting in $196,180,048 of additional profit!
http://www.mffais.com/rankings/all/top-10-good-moves.html
whats L2 look like?
thats exactly what they do. They see all these orders coming in, so, they need to get shares somehow....
.12s back...
.12 is the strong support....
Global Top 10 Good Moves
1 Franklin Resources Inc bought Washington Mut Inc (WM) stock, then the price went up, resulting in $919,379,083 of additional profit! Page Created: 2008-10-06 00:44:00-07
2 Capital Research Global I ... bought Washington Mut Inc (WM) stock, then the price went up, resulting in $918,096,798 of additional profit!
3 Hotchkis And Wiley Capita ... bought Washington Mut Inc (WM) stock, then the price went up, resulting in $516,431,459 of additional profit!
4 Wellington Management Co Llp bought Washington Mut Inc (WM) stock, then the price went up, resulting in $481,224,593 of additional profit!
5 Dreman Value Management L ... bought Washington Mut Inc (WM) stock, then the price went up, resulting in $433,554,470 of additional profit!
6 Marsico Capital Managemen ... bought Washington Mut Inc (WM) stock, then the price went up, resulting in $398,008,620 of additional profit!
7 Franklin Resources Inc bought Pfizer Inc (PFE) stock, then the price went up, resulting in $337,492,002 of additional profit!
8 Franklin Resources Inc bought Microsoft Corp (MSFT) stock, then the price went up, resulting in $202,012,624 of additional profit!
9 Amvescap Plc bought Wells Fargo And Co (WFC) stock, then the price went up, resulting in $199,701,469 of additional profit!
10 Fmr Corp bought Washington Mut Inc (WM) stock, then the price went up, resulting in $196,180,048 of additional profit!
http://www.mffais.com/rankings/all/top-10-good-moves.html
seems odd...
IMO the dow doesnt have strong support now until about 8000, after that its even uglier... around 4000
current L2 anyone.
over $3.5 mil purchase in one block? WHAM
Mark J. O'Brien, Chairman and CEO of JWH Holding Company, will become chairman and CEO of Walter Investment Management following the merger. Charles E. Cauthen, currently president of Walter Mortgage Company, will become president and chief operating officer of the new company. The Board of Directors of Walter Industries will designate six directors, including Tokarz and O'Brien, to Walter Investment Management's board and Hanover will designate one.
O'Brien said, "I am excited about this transaction and the opportunity to deliver substantial value to our shareholders through Walter Investment Management Corporation. We have a strong residential mortgage portfolio that generates consistent and stable cash flows that can be delivered to the shareholders. We will not be reliant on the capital markets for the continued success of our business, which allows us to focus on our unique, high-touch servicing platform. This servicing platform not only drives the strong performance of the existing mortgage portfolio, but represents servicing capacity that can be expanded, especially in conjunction with Hanover's capabilities."
Following the merger, the new Company will be headquartered in Tampa, Fla. and will have 225 employees.
The spin-off and merger are expected to be completed in early 2009. The transaction is anticipated to occur in three steps: The first, a spin-off of JWH Holding Company, is expected to be a tax-free stock distribution to Walter Industries' shareholders. The second step will be a taxable distribution of stock and cash from JWH Holding Company to its shareholders and the third step would be a merger between JWH Holding Company and Hanover. These actions will be executed in immediate succession at closing.
The taxable distribution is required to comply with certain Internal Revenue Service requirements for REITs. After the spin-off, taxable distribution and merger, Walter Industries shareholders will own approximately 98.5 percent of Walter Investment Management's publicly traded common stock. Shareholders of Hanover will own the remaining 1.5 percent. Walter Investment Management plans to apply to list its shares on the American Stock Exchange.
The Company also announced that JWH Holding Company has entered into a definitive agreement to merge with Hanover Capital Mortgage Holdings, Inc. (Amex: HCM - News; "Hanover"), a New Jersey-based real estate investment trust ("REIT"). The merger will occur immediately following the spin-off and the combined company will continue to operate as a publicly traded REIT following the merger. The new company will be named Walter Investment Management Corporation ("Walter Investment Management").
"Today marks a momentous step in our strategy to transform Walter Industries into a pure-play natural resources and energy company," said Company Chairman Michael T. Tokarz. "The spin-off of the Financing business will preserve the significant value of its portfolio for our shareholders and will allow for the efficient distribution of its earnings through dividends following the merger of JWH Holding Company and Hanover."
TAMPA, Fla., Sept. 30 /PRNewswire-FirstCall/ -- Walter Industries, Inc. (NYSE: WLT - News), a leading producer and exporter of U.S. metallurgical coal for the global steel industry, outlined today its plans to separate its Financing business from the Company's core Natural Resources businesses.
The Company said it plans to distribute 100 percent of its interest in JWH Holding Company, LLC ("JWH Holding Company"), a wholly-owned subsidiary of the Company and parent company of Walter Mortgage Company and Jim Walter Homes, to its shareholders. Prior to this distribution, Jim Walter Homes will be sold or otherwise separated from JWH Holding Company and will not be part of the spin-off entity.
Press Release Source: Walter Industries, Inc.
Walter Industries, Inc. Announces Plan to Separate Financing Business; Increases Share Repurchase Program by $50.0 Million; Provides Business Update
Tuesday September 30, 5:56 pm ET
- Financing Business to Merge with Hanover Capital Mortgage Holdings Following Spin-Off -
- Company Updates Third and Fourth Quarter 2008 Expectations on Timing of Metallurgical Coal Production and Hurricane Impacts -
- Webcast of Conference Call Scheduled -
Some of what the mms will do, (now this is just my opinion) they see all these buys coming through and realize they need more shares. They want to be able to sell them higher, they bring the pps down really quick (look how we moved up slowly yesterday and how fast they brought it down today)they buy all the shares on the way down, then sell them on the way back up. This is their job and really how they work. Wouldnt you do the same thing?
Now here's the interesting part Wamu inc. has to mark it's assets at market value. If JP Morgan is able to sell Wamu Bank's loan portfolio to the Federal Government in the bailout deal, they must have to return cash to Wamu Bank and subsequintly Wamu inc. If the $24 billion in positive assets is returned to Wamu inc. share holders @ 1.7 billion shares that would mean $14.11 in cash per share.
WOW $14.11 per share
yeah but it has been known to be inconsistent with other charts, I was wondering what others have seen on a different source.
do you show the buy volume is outnumbering the sell volume by a lot.
by about 16 mil
Salomon Smith Barney, Inc. ?
I cant get filled
I didnt see or hear it though. From another source.
Jim Cramer just said on CNBC: Sell %20 of JPM and BUY WAMUQ
He added WAMUQ is going to $2.00 in couple months.
MONA
$10 million / 213,432,988 as of Sept 23, 2008 =.046 per share. Shares are cheap at these levels (.005) and more divvys to come!
Mon Arc Corporation (MONA) Identifies Buyer For Its China Oil Recycling Assets (LDSR)
Tuesday September 30, 9:47 am ET
BEIJING, China, Sept. 30 /PRNewswire-FirstCall/ - www.monacorporation.com (Pink Sheets: MONA - News) is pleased to announce the identity and the purchaser of its holdings in Hubai Chuguan Industries Inc. The buyer Landstar Inc (LDSR) and Hubai Chuguan Industries Inc (Hubai) www.chuguan.com.cn Hubai, (through its parent company Yellow Sea Management Inc) is in the process of merging with a USA based Pink Sheet company Landstar Inc (LDSR).
ADVERTISEMENT
MONA management expects this transaction to close late October or early November 2008. MONA CEO Mr. Yong said "Our advisors, who have acted for both sides in this transaction, will be arriving here in China from America in mid October to assist us in closing this transaction. There are a number of other transactions that they are working on 2 others that involve us. MONA intends to pay its shareholders on record a majority of the proceeds it receives from Hubai and Land Star in a form of a onetime dividend. This will be the 2nd of 5 to 6 cash and stock dividends MONA intends to pay to their shareholders on or before December 31 2008".
MONA NEWS
$10 million / 213,432,988 as of Sept 23, 2008 =.046 per share. Shares are cheap at these levels (.005) and more divvys to come!
Mon Arc Corporation (MONA) Identifies Buyer For Its China Oil Recycling Assets (LDSR)
Tuesday September 30, 9:47 am ET
BEIJING, China, Sept. 30 /PRNewswire-FirstCall/ - www.monacorporation.com (Pink Sheets: MONA - News) is pleased to announce the identity and the purchaser of its holdings in Hubai Chuguan Industries Inc. The buyer Landstar Inc (LDSR) and Hubai Chuguan Industries Inc (Hubai) www.chuguan.com.cn Hubai, (through its parent company Yellow Sea Management Inc) is in the process of merging with a USA based Pink Sheet company Landstar Inc (LDSR).
ADVERTISEMENT
MONA management expects this transaction to close late October or early November 2008. MONA CEO Mr. Yong said "Our advisors, who have acted for both sides in this transaction, will be arriving here in China from America in mid October to assist us in closing this transaction. There are a number of other transactions that they are working on 2 others that involve us. MONA intends to pay its shareholders on record a majority of the proceeds it receives from Hubai and Land Star in a form of a onetime dividend. This will be the 2nd of 5 to 6 cash and stock dividends MONA intends to pay to their shareholders on or before December 31 2008".
On the status of other asset disposition, the issuer has identified 1 purchaser for its Oil Company position. The Oil Company (Hubei Chuguan Industry Co.Ltd) is part of a larger conglomerate with revenues in the 80-100 million dollar range and assets in the 400-500 million range. The issuer's stake is in the Hubei Chuguan Industry Co.Ltd (Environmental) division with current revenues of about 10 million dollars and assets of about 20 million. The issuer's corporate advisors and management believes that a dividend of 10-12 million dollars to MONA shareholders may be achieved in this transaction.
BEIJING, China, Sept. 30 /PRNewswire-FirstCall/ - http://www.monacorporation.com (Pink Sheets: MONA - News) is pleased to announce the identity and the purchaser of its holdings in Hubai Chuguan Industries Inc. The buyer Landstar Inc (LDSR) and Hubai Chuguan Industries Inc (Hubai) http://www.chuguan.com.cn/ Hubai, (through its parent company Yellow Sea Management Inc) is in the process of merging with a USA based Pink Sheet company Landstar Inc (LDSR).
MONA management expects this transaction to close late October or early November 2008. MONA CEO Mr. Yong said "Our advisors, who have acted for both sides in this transaction, will be arriving here in China from America in mid October to assist us in closing this transaction. There are a number of other transactions that they are working on 2 others that involve us. MONA intends to pay its shareholders on record a majority of the proceeds it receives from Hubai and Land Star in a form of a onetime dividend. This will be the 2nd of 5 to 6 cash and stock dividends MONA intends to pay to their shareholders on or before December 31 2008".
100 mill they have to cover by EOD tomorrow?
New filing about share buyback!
.20 is the target and 20-30 bagger for those that believe in Mona's target of where we should be at.
This is gonna go Huge especially with Mona putting great pressure on the float paying a big premium to get shares.
It looks like it is up %133 on the xtera
Word is sreading fast
http://aktien.wallstreet-online.de/dyn/1202756.html?market_id=1&m=1.1.1.1&inst_id=1202756&spid=ws&tr=3m
MONA
They are way undervalued with all the divvys the company has announced. They have also reduced the OS by over %40. The company believes it is 20-30 times undervalued. Check out their filing on pinksheets.com. BTY dont listen to any bashers, check out the filing about the lawsuit taking place against i-hub and certain posters who have been bashing the stock. It is going to get interesting. A possible of 5 divvys of cash and stock by December 31, shares at these prices are going to be worth a fortune! Check out their filing on pinksheets.com
MONA
They are way undervalued with all the divvys the company has announced. They have also reduced the OS by over %40. The company believes it is 20-30 times undervalued. Check out their filing on pinksheets.com. BTY dont listen to any bashers, check out the filing about the lawsuit taking place against i-hub and certain posters who have been bashing the stock. It is going to get interesting. A possible of 5 divvys of cash and stock by December 31, shares at these prices are going to be worth a fortune! Check out their filing on pinksheets.com
This is something that serious companies do. One should start taking MONA to be more serious. Lawsuits seem serious to me.
I didnt say post of your were quoted. Better read what I said again.
restricted shares becoming part of the float?
This is the MONA board not MSFT. Comparing the two stock eeh!
shareholder of record
Definition
The name of an individual or entity that an issuer carries in its records as the registered holder (not necessarily the beneficial owner) of the issuer's securities. Dividends and other distributions are paid only to shareholders of record. also called stockholder of record or holder of record or owner of record.
This content can be found on the following page:
http://www.investorwords.com/cgi-bin/getword.cgi?id=4528&term=shareholder%20of%20record
Does not say anything about certs, Technically!