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.
I think I remember reading that MM “NITE” has some kind of connection with JPM! Sound immoral/illegal? Does to me!.
Someone please correct me if I am wrong … rs
That was the pisser regarding all of the bans! We WAMUQ’ers are very protective of our investment and one smooth talking, well read, JPM pay-rolled poster pushed our buttons! The mods should have realized what is at stake here and should have been more understanding of the situation!
In Espanol – caca de toro!!! ... rs
IMO, this is the new low! Of course, If the Judge does actually make a ruling on the 4B and it is NOT in our favor – we will be back to <.05 again! Makes me nauseous just typing that but it is true! We need a favorable ruling on that to muster investor confidence!
If JMW rules in our favor on the 4B, I see this hitting anywhere between .50 and .75! Once the day traders exit, I see us settling in around .35. Not bad for a zombie stock! … rs
Thanks Hammer! It was the WAMUQ board of course! Little JW got my goat last week!
Today started out great for WAMUQ but kind of petered out. Don’t know what tomorrow will bring however! It is time for JMW to make some decisions IMO! I realize that there are many things on the Judges docket but the 4B has been sitting there on the plate like a piece of juicy tri-tip and yet she does NOT bite!
The 4B is just one piece of the puzzle but if ruled on favorably, would be an instant morale booster, pps booster, and would make ol’ JD start reaching for the Kaopectate! … rs
Agreed GodFather! JMW has been sitting on the 4B ruling for months and it is time for her to judge! I have learned never to speculate when she will rule as we have seen many hearings come and go without a decision. IMO, each passing month affords her more justification in producing an airtight decision to drop the hammer and rule the 4B to the rightful owner! … rs
Very nice volume so far. We are already approaching the prior two days average trading volume! Nice to see some action again. Hope it keeps up … rs
Good Morning WAMUQ’ers! Things are looking a bit more chipper today thanks to some nice finds by some awesome team members!
Let’s roll … rs
Yes the shorts! Do NOT get me started on that – LOL! As I have posted before, this is probably one of the most shorted stocks under $1 of all time! The MM’s DO keep this down for their evil friends to cover! Simple as that!
Why is SIRI so heavily traded, yet has a pps <$1? MANIPULATION!!! …rs
I noticed that as well. For a low volume day, AH was impressive!
Tomorrow could be very interesting … rs
Hey Blue. How's it going? A few more days left? ... rs
Mehedi. I think that you are correct regarding JW = jackson. Did some research as well!
Go CIT ... rs
Just what the doctor ordered! She's slippin' though ... rs
Looks like she's trying to make a late day run today! Hope it doesn't peter out ... rs
Thank you Samurai. I always enjoy reading your posts in the usual venue – LOL! I may get in this play next week – still undecided. The weekend was too busy to do enough DD on this puppy.
It will be good to be off restriction on Thursday!!!
Take care … rs
Don’t get me started on Kramer – LOL. I used to respect him around 10 years ago or so but as often happens to media personalities, he seems to have let his popularity get the best of him and is simply a buffoon now! … rs
I am new to the board but have been in since .32! Have witnessed this dog trade with a mind all its own for months and months! Yesterday was no different …
• Good news (not great, but good) on the financials yesterday.
• Entire Market up huge yesterday.
• 84 million SIRI shares traded yesterday.
And yet, only a puny positive pps movement!
This play is still so heavily manipulated by the MM’s and the shorts that it is painful to hold at times. IMO, we should be between .72 and .75 currently. … rs
Hello kuwlness. Yes – I thought I might take a look at this. I am not in yet but will be DD’ing tonight.
Now as a noob to the board, is it not proper for me to start off with several frustrating and annoying questions such as …
• What will the pps be next Monday at 11:16?
• What is the consensus of an exact date and time that the BK will end?
• What is the middle name of the BK Judge and what middle-school did he/she attend?
LOL – sorry! Good Luck and talk to you later … rs
Hey Godfather.
I may have to take a look at this play. I will start doing a little DD tonight!
BTW: I finally had had enough of JW (if you know what I mean) – that was the reason, I guess. I thought it was rather benign but apparently not!
Take care and good luck … rs
I interpret the DC Judges references to possibly keep certain/most rulings in TJMW’s BK court as very encouraging! Just as too many cooks spoil the brouhaha, too many Judges spoil the outcome!
It was also refreshing to hear her speak of the costs involved in litigating this! It makes the DC Judge sound more human and more in tune with us common folk! I guess some Judges zip up their pants like the rest of us!
GLTA … rs
DanBB. Excellent reporting! Better than Geraldo in New Orleans after Katrina! This is big for the long run and in the short run, a great morale booster for WAMUQ longs.
The FDIC and JPM may very well feel like they were hit by Katrina when all is said and done.
Thank you Sir for the report … rs
Mordi. Hopefully the market IS watching this closer than I think that they are. Your last sentence in particular may very well come to fruition regarding a possible FDIC vs JPM scenario heating up. It would be grand to see the two corrupt giants in a micturating match! … rs
IMO, I wouldn’t count on a big pps movement tomorrow because of this. I think that this just re-assures the current investors that this may play out in the BK court only instead of Del and DC. One less venue = 10, 12 less monkey wrenches?
If we see big green tomorrow, I will be surprised … and delighted! … rs
So far so good! Sounds like she wants to have TJMW take care of events in BK court!
Thanks 'ILVMNY" and keep going ... rs
Well, we shall see what happens today in DC very soon. Hopefully there will be no delays and we can press on thru November.
The Pomeranian is welcome as long as it does not micturate on any hotel rugs!!! … rs
ETO! The Dude abides. The DC hearing tomorrow (if favorably) could actually induce TJMW to judge soon after! I have been accused of not having any patience recently by many posters/holders - but when is enough, enough?
When this is finally settled and we all meet in Vegas, I will be the one with the bowling ball in hand! When - is the almighty question … if you are not into the whole brevity thing!
BTW: I actually look like the Dude (when I grow my hair out) and have owned a pair of green checkered shorts before the movie was released! I have owned those classic shorts for 20 years! My good luck charm, if you will! … rs
Fish.
You have to admit that we need to start hearing some good news and soon. The DC hearing tomorrow has enormous potential. More than many people think. Let’s hope that something POSITIVE comes of it.
The Dude has patience. The Dude just prefers to complain a little while being patient! Maybe we need my friend Walter Sobchak to get involved. He can always ruffle a few feathers – in the parlance of our times.
Good luck to us!
Goin’ bowling – LOL … rs
Well … That is possible but NOT probable. It is a big IF. We have been dealing with too many IF’S for months here. Now if that scenario were to play out, I will be the first to dance naked in the streets … well, I take that back … I did that last night for no reason at all. But you know what I mean – LOL! … rs
I hope that your hunch becomes cold hard fact JHD! – LOL. Anything favorable to boost the overall sagging morale (volume) here would be welcome. Tomorrow’s DC hearing, with an accompanying favorable ruling, could be just what the doctor ordered! That said – I will not lose any sleep tonight or be increasing my position until we see a RULING!!!
Take care … rs
Agreed. Just off the top of my head, much of the debt owed is scheduled many years (in some cases decades) into the future! I do not have the schedule in front of me but I believe this to be common knowledge … rs
Yes. There needs to be a reason for volume however and I think that most (like my self) are becoming a bit jaded here. We need rulings – not just hearings!
In the past, upcoming hearings used to pop this a bit - but with nothing ever coming of the last few previous hearings, well, that has created doubt and pessimism.
Take care … rs
Nice find.
That is the way that I read it as well. Old notes issued in February. That is why I did not post the link over 7 hours ago.
I could be wrong however. There is not much info there to cull ... rs
It MAY very well be!
Nothing has been easy here however, certainly no GUARANTEE’S - LOL! … rs
Thanks for bringing this up Lawrence! For some reason, the 11/04, WMI motion to dismiss FDIC counterclaims (DC) has been under the radar here, but the consequence/impact could be huge!
We have all been trying to figure why the Judge has not been Judging - this may be the reason! … rs
Well I suppose if you were/are invested in CIT you wouldn’t! At least they let it be known up front.
In our case, WMI, the Judge, the lawyers, nor even a janitor has said or leaked anything about the commons. We here are betting on the A>L theory once the 4B and other items are ruled on.
The two BK’s are completely different animals!… rs