my glass if half full...so it must be time to order another round
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Short covering??? SQUEEEEEEEEEEEEEEEEEEEEEZE
March 2010 all over again??? That was a fun few days!!!
Hedgies in the hot seat... this is gonna be fun!!!
you and me both
so, looks like back to no action... hmmmm. wonder what that was all about...
Considering the fact that they "misled" (LIED TO investors about mortgage securities transactions just as the nation's housing market was starting to plummet... so, let me get this straight: JPM was lying to investors thereby contributing to the largest housing market collapse in ages by holding the needle that helped to pop the balloon and therefore helping to send our economy into the worst decline since the great deppression!... and all they get is a mere $154 million slap on the wrist???
it's sickening!
Unreal, isn't it? CNBC has now buried the headline in the rest of their news, and took down the banner... hmmmmmmmmmmmmmmmm
see for yourself http://www.cnbc.com/
pocket change for JPig... still great to see them being held accountable nonetheless
JP Morgan Securities to Pay $153.6 Million to Settle SEC Charges It Misled Investors in Mortgage Securities Deal
WOW!!!!
http://www.cnbc.com/
I share your sentiment on this one, and even tho some prob wont admit it on this board, I think deep down most others "know" this to be true also
http://allmandlaw.com/bankruptcy/wamus-bankruptcy-negotiations-once-again-collapse?utm_campaign=wamus-bankruptcy-negotiations-once-again-collapse&utm_medium=rss&utm_source=rss
Not end game... only that we will now have to take the long haul route to get there
So, what you are saying is just a few more years and we got this? Here for the long haul...still... but I think I need to start taking blood pressure medication
Thanks, I just saw the news. not good... :(
What did I miss last night? The tone of the board has completely changed... did I miss something big that JMW ruled on??? Thanks
For those that are presiezure holders, its not a matter of "enough profit" but rather retribution for what was STOLEN out from underneath them
yep, you hit the nail right on the head! MM's will get theirs in the end... I like my MM's blackened with a side of cole slaw... GO WAMU
Gonna be a crowded cell... hopefully in a federal "pound 'em in the A$$" prison
never gets old
they sure do know how to cover their collective arses, don't they? JPig will fight to the death on this before they cry "uncle"... after all, Demon seems to have his buddy Obama in his back pocket for some reason (or at least thats what I've suspected here of late)
I believe so also or I wouldn't have remained onboard here for nearly 3 years with you guys! I'll be the first to admit that my eyes go cross-eyed regularly when trying to follow this whole ordeal and there is still A LOT I don't understand. That is why I am so very grateful for those like you and others here that help shareholders like me see the light :D
GRACIAS AMIGO
GO WAMU
FDIC should be liable, especially since FDIC apparently orchestrated this whole thing from the beginning behind the scenes with JPM. They are both crooks!
Good from our perspective regarding the Debtors, but the preferreds stand in our way and want us to be left with nothing. I guess overall it is a very good thing like you say...just was looking at it wrong... sorry
I read that and it didn't sound good at all, but if it were the other way around would we be willing to take a haircut either? makes one wonder...
he must be a bad shot ;) only need one shot really, and thats the lyin bastid that sold 'em the place LOL
Figures JPMC would be involved with this ... i.e. Satan's Lair...
http://today.msnbc.msn.com/id/43406957/ns/today-today_money/t/living-satans-lair-family-flees-snake-infested-home/
thats what started this whole sh!tstorm rolling in the first place
[GREED]
pot calling the kettle black for those that own both P's and Q's... haha
I remember that...it was crazy!!! wasn't it only for one trade?
I swear MM's love to do that stuff to mess up a chart completely... LOL
wow... what happened here? I like what I see... hoping it continues! I been here for years
HALF A COPPER COIN AWAY FROM SEALIN THAT GAP UP TIGHT
YES! This is my plan exactly!
GO WAMU
GO NEWCO
I wish I could... I'm at work where they don't look too kindly upon drinking on the job ... haha (but I'll raise my Gatorade with ya )
I been on board this train since Nov of '08
CHEERS!
.20's got hit... get ready :)
On the open! ... might as well start pouring
Thanks! I sure hope so! This daily move higher in PPS is great, but bring on the settlement details... here's to hoping THJMW has to clear her schedule one day this week to get 'er done for us ... trying not to get too crazy excited until that happens and they really show us the money!!!
GLTY!
Bravo... well said!!!
I am very aware of that... BR's poor smoke and mirrors attempt. WE KNOW we are worth MUCH more than what was spewed to the media... Riding this thing out to the very end!
It's not good news... YET, no one knows what we (commons) will end up with... could be peanuts... could be MUCH MUCH more... who knows
i keep missunderstanding why with these relative good news (specially for prefs) we didn't get a sharper PPS increase.
You expected any different? How you doin Z? Been a while
EXCELLENT POST! I (and other LONGS like myself I'm sure) really appreciate all of your efforts!
I am right with you ... this price action is nothing compared to what we've been ... as you say... painfully waiting for for 3+ years (actually 2+ years but hey whos counting)
It has been a long ride, and I have gray hairs to prove it... and i'm only 35!
My personal hope is i get face value for my prefs and common gets the reorganized co with all the benefits that go along with that. That my friends is a deal I would be more than happy to accept. The value of our common stock will go up over time as we use the tax benfits or merge with a bigger entity.
I like your thinking!