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Maybe we should have insisted on finding out the value of our shares before we voted. Why didn't EC demand that?
When will the stock in the new company be issued?
When is the conversion date? If it's tomorrow, will my shares in the new company appear in my account the next day, March 8?
Did I miss Susman, himself, actually, say he "stamped his approval" on this deal? It would thrill me.
I'd like for Susman to say, "this is a fair deal for common shareholders". Why is that too much to ask?
PS I'd like even more if he'd explain why. But that's probably too much to expect.
Hedge Funds and TPS interest in Newco speak volumes to me. Evidently, there's some potential value there, don't you think?
Why the bounce off the low today? Just daytrade action, maybe?
What grade does Stephen Susman get for what he did for WAMUQ shareholders?
So it's a Portable Document Format type deal? Is it pretty much what's in the green form?
Did anybody else get a DVD in the ballot packet? I can't get the DVD to play. Wonder what the DVD pertains to.
When is the cutoff date in order for WAMUQ shares to be included on the ballot?
When are the ballots due?
How many years will it take for shareholders to start making nice returns on this "settlement deal"?
How good of a job did Susman do for shareholders? Wasn't he supposed to be some kind of a "superstar" attorney? I feel the "jury is still out" on what he did for shareholders.
This makes think there may some value coming to common shareholders. http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=tm&bn=86316&tid=920787&mid=920839&tof=9&rt=2&frt=2&off=1
Why can't EC/SG tell us more details on how "really good" this deal is for shareholders? (if it really is}. Actually, I feel it has some nice potential returns "down the road\"). More "forthright" information would help shareholders feel better about the deal and voting "yes" for it. Not to mention the nice psychological boost a little "gap up" in the share price would mean.
Why did WAMUQ close up 4% today? Was it just a case of being oversold?
Is something else going on "behind the scene"?
Wow, what going on with the WAMUQ nice spike?
There will be NO truly fair settlement for shareholders unless JPM and FDIC are faced with a jury trial for the alleged illegal seizure of a solvent bank, Washington Mutual. Thus, forcing full disclosure including a valid assets list. Do shareholders still have the where-with-all, including financial, to force that?
EC needs to hold an impromptu shareholders meeting before a settlement vote is taken. This settlement is too important to be decided without clarity and letting shareholders ask questions and voice their opinions.
AMEN to that! Why can't the EC lawyers be aware of this?
It looks like the system got us, folks. We got something, but not much. Could Susman have done more on behalf of shareholders?
I pulled a .06 buy order today. Things are just too murky.
So if the settlement at least means WAMUQ will not be cancelled via bankruptcy court order, won't there be some short covering?
You must see something positive with the settlement, is that right?
So, did Sargent really communicate that he is happy with the settlement? If so, I wish he would elaborate as to why.
A very good post on the Y board about "sticking it out".
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=te&bn=86316&tid=898666&mid=898666&tof=2&frt=2#898666
"but to have any settlement is better as nothing." Agree and more could be on the way.
Bubba, did you not see that there is a settlement in place?
Why is WAMUQ under .07? Commons has survived and has promising merger or growth potential. And SG still might be able to "squeeze" something out of FDIC and/or JPM through litigation. I realize we probably won't be seeing the "2 X value plus" type numbers, but under .07. Paleeze! What am I missing?
I am anticipating an EC letter today sometime after the close. Didn't Sargent indicate a letter was coming around last Friday? So I'm thinking, since it didn't come out Friday or over the weekend, it should be coming out shortly.
I picked up some more shares today.
Was an EC settlement response letter released?
So is Walrath "fine and dandy" with Rosen's representation of shareholders' interests in this case? Was it "fair and reasonable"? No repremands or clawbacks in order? Paleeezzz!
Today's share price action is a HUGE disappointment to me. Many of us waited around three years for this? The market must not be too impressed at what Willingham/EC/SG are willing to settle for. How else can this be interpreted?
Are shareholders better off now than at .70? What are the comparisons?
Today's share price will give an indication of what kind of deal we got. To me, anything less than .20 today makes me question the settlement.
I want the see how Susman feels about this settlement proposal.
Will a true assets list ever be demanded and revealed? It seems like we should be getting a larger settlement when factoring in the assets and releases. Am I wrong?
What is the status of the releases for JPM and FDIC?