waiting for $20 for commons
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Anna3 Thank you for being one of a handful that post rational, well thought out factual posts.
Nothing has been shown in the past few weeks to believe for one minute anything positive is a foot and we have the normal names frothing at the mouth at settlement talks and huge $ awards...
Mmmm.. How long now Anna have we been reading this? 2 years and more..??????
I find the psyche of this fascinating more than anything else, don't you?
If you disagree with the premise like you, I and a few others, we are written off as fools and lumped together in some group BUT
If you agree and post some positive comment about nothing proveable, then you are cheered on as a individual free thinker, a genius and worshiped as a hero.
Time and time we have asked for facts to support the settlement statements being made, time and time we ask posters to prove that their was provable misdoings in this case, time and time we ask for any evidence that would support common shareholders receiving any $ amount in payout. Something to support the wild speculations..
Now, I repeat this case is so unusual that commons r likely to perhaps see a dollar or two just to go away and allow the titans of finance to move forward, but to suggest that commons will receive upwards of $10 a share is just a fantasy.
Stay strong Anna The EC IMHO has been a disaster, not one positive statement in nearly a year. Who are they reallly working for? Perhaps they two have gone to the dark side like Rosen.
Remember how in the beginning the geniuses all thought Rosen was our savior?
Happy to play along and can't wait to see how a certain poster explains 2 x value being less than the 10 cents as you so eloquently pointed out...
As a judge to be in the same hotel let alone the same room is disgraceful But you have to step back and realize that our case is being played out by Kings and Nobels of the financial political and judicial world.
It's almost laughable for anyone here to think that this case will be settled for common shareholders benefit.
The nobility that are running this case will look after their own, make millions in fees and wind the case down with a gentlemans agreement in a cigar filled room.
Common shareholders are so unlikely to receive anything exactly as they don't in most other BK's...
I'm still quietly confident however that against all odds commons may get some nuisance money to go away. But it'll be minimal and will take years...
Protests against JPMC on Fox news... Great video of ordinary folk complaining against the bank.. Good for them...
Shame that two years later u guys r still comfortably sitting at your computers dreaming that someone else will do the heavy lifting and get u $.... instead of organizing and demonstrating outside local banks about all of this...
I did it got some good reactions but we need thousands across the country doing the same....
IMHO If anything has changed, watch very carefully JPMC share price. Those that know what's coming will tip their hand and that stock will begin it's slide... Shorting it may become rampant very soon.
At the moment NOTHING is clear, pure guess work not until we see some movement in our price north or JPMC south will I believe anything significant is on the horizon.
This is a game being played by the kings of finance and politics worldwide, with billions and billions involved. No one wants to lose their money or reputation. IMHO there will be signs to see if changes are close..
So far still too much unknown, unseen and unchained...
Still all guesswork and rampant silliness and speculation...
Popped into the board and so happy to see a couple of common sense postings especially EXDIMERS..
What this board always lacks is stepping back, looking at this from another viewpoint just for a second and then applying common sense.
FACT:
1. There are millions of common stockholders of this share. Some have a few and some have millions.
2. The common thread is that those that STILL hold this worthless stock are most certainly intimately aware of the BK.
3. Among these millions of stockholders there are likely to be some very wealthy and very well connected individuals. This stock would not be sitting at 4 cents if there was even a hint that this could turn into a dollar, let alone $3, $4 or more...
4. No evidence, not a shred, that there is any settlement talk
Glad to see the same posters repeating the same lines over and over and over again.
I'll pop back in again next month maybe we'll be up 25% to let's say omg 5 cents!!!
I agree with bopfan...
The tide has turned for commons the landscape is now clear, it's all over for commons re her post and therefore no more of..
2 x value
Keep it real $24
We all if u look closely enough and research where this is going realize that like in all other bk's commons will be wiped out IMHO
Best hope now is for preffereds IMHO
I'm getting out of commons forever in Monday and into preffereds as many as I can afford.
Good bye commons board forever. It's been a trip I won't wait for you to accept I was right for the past 2.5 years but bopfan is finally in agreement with me and makes a solid case.
This is the end, u can believe it or not but the band is playing and the ship is sinking for commons.
Good byeeeeeeeeeeeeeeeeeeeeeee
Yes keep it real with diss information like $24!!
Or 2 x value plus... Now there's a laugh if u need one...
Another boring week and months ahead of endless speculation on this board and nowhere near or approaching any settlement action.
It's more enjoyable watching paint dry than this crap!
Yes.....confidence that commons won't be cancelled. The only tool is u my dear chap who blindly believes everything is rosey and that settlement and $$ is a foregone conclusion
This is not how u anticipated it being over 2 years now is it? Your just unable to face the reality that commons are likely dead now!
No one except a few posters here believe settlement is close. It's crystal clear and history tells us we will not see any real settlement talk for 5- 20 years.
These cases take forever to get litigated..
This IS NOT Bear Stearns... This is a messed up wamu bk case.
Markets moving higher, commons moving to below 4 cents? Is there anything to stop it going to 2 or 1 cents??
With all the talk and speculation about possible settlement perhaps there is, BUT it includes canceling commons!
IMHO
Oh sure
This is not Bear Stearns has no resemblance to Bear Stearns and will not end up like Bear Stearns
For OVER 2 years you have kept up this mantra about Bear Stearns and there's simply no parallel to draw between them. The other was settled quickly, efficiently and tied up with a neat bow and those shareholders who bought for pennies made out very well.
Our case is a complete disaster 2 years plus later with no sign whatsoever that settlement talks are in the works. IMHO parties in this case are digging in still further and that's why we're going to be writing and discussing this case for another 2-5 years.
All this discussion about settlement is crazy IMHO, there's just nothing offered in reality to support those theories conversely there is plenty of evidence to draw the conclusion that both parties are as far apart as ever..
If this was Bear Stearns how come my common shares are at 4 cents and not $10????
Hey Jamie D... Get you boy Rosen to offer me just $2 for my commons like Bear Stearns, I won't hang around for diamonds dream of a second offer, you can have all of mine for that!!
3 Years...?
IMHO.... Thats nothing,,We have likely another 2-5 years before we see serious settlement talks and eventual stock swap.
Cash is king so IMHO no money will be presented but if it goes to an agreement/settlement then we may see something like a $1 or $2 for commons in the form of stock value
He blinked and we know this how...
Uzual suspect
Seriously what we doing with all this paperwork and voting crap? Are you doing anything or just ignoring it all??
I got a lovely package with a nice CD etc...
Can we just settle already and get this crap over with?
I'm hoping and invested that you are 100% correct.
If so I have my Florida Keys retirement house picked out and ready to make an offer!
Question is how many years will I have to wait?
Good to hear from you dg1
Again, SS has likely got nothing u r merely speculating out of thin air
What is undeniable is that banks don't build skyscapers around the world, by rewarding common folk
They screw u with fees etc and when it comes to billion dollar 'settlement' talks when they are in the drivers seat and nothing has been shown that they did anything illegal, you get nothing!!!
Having said that, I believe we get a $1 for commons, maybe $2 just for nuisance value and to go away etc
That's why I'm keeping my lottery tickets, or until we rise to 50 cents, now I have enough to sell and be happy.
4 cents IMHO is silly not to buy a few plus a shredder...
Banks Build Skyscrapers by screwing common folk NOT rewarding them.
2 x value bah,
3 x value bah
$1-$2 to make us go away and settle, more likely IMHO
william48... With the greatest respect and for your own good health... Ease off a little eh?b]
Your analyzing and speculating this thing to death with absolute no insite into the REAL workings or dealings of the primary players.
For all we know Sussman could have agreed with Rosen there's nothing for equity and they're wrapping up the close of the case, how is that specualtion any different from your speculation?
Neither of us have a CLUE as to what is REALLY GOING ON>>>
Really
Why don't you look back at the history of this case and how posters have been wrong nearly all the time..
Perhaps the silence is because Sussman has NOTHING!
I for one like you hope that this is going to work out well, but lets not count on anything until my portfolio says the shares are worth more than a lousy 4 cents!
She will address them and ignore them, she is weak weak weak weak...
ACee
The shares you hold are lottery tickets pure and simple:
Read the board there is a tremendous amount of background to the BK case, BUT ultimately you and ONLY YOU must decide what to do with your shares and money.
There are many people here speculating without any proof of evidence presented so far in court that wamuq may see multiple dollars fir each share. BEWARE such falsehood unless you have heard with YOUR OWN EARS or READ with YOUR EYES evidence, REAL EVIDENCE to support these promises of $$$$
Most BK's see common shareholders completely wiped out during company reconstruction this will likely be the case here, that's why u must also IMHO invest in a shredder to shred your wamuq lottery tickets.
I like many here missed out last year on selling these tickets for a high of around 70 cents, if I'm blessed to see 50 cents again or higher I won't make that mistake again!!!
Read, read, read, read and investigate before you decide one way or another...
Good luck and welcome to a great group of hopeful speculative...
Some folk are destined to strike gold, perhaps it's us!!!
Whatever happened to those warm and fuzzy words in the billings .
Global Settlement Talks Havnt seen any attorney bills for that lately lol
Relax everyone, sadly we've still got likely 2-5 years to go yet..
Bam... Settlement!
Bam...Cancelation!
One or other and out of our hands so let's go to Vegas this Xmas anyway!
Thanks ChironWe've been at this for 2 years plus...
Not many of us see through the nonsense but you do, I do and a few others..
You said it would take years, I say it'll take years...
Either equity is cancelled as in most BK's
or
We get a couple of dollars to go away so the big boys can make billions...
That's it, there's nothing more to this...
Thats my feelings too..
Theres something very, very wrong here...
Totally Agree
Enough of the hogwash... We know the game, the judge knows the 'hide the assets' game and the attorneys know the game...
The attorneys have made millions for the past 2+ years, enough is enough..
Cards on the table, let's see our valuation presented and let's get down to it..NOW!!
I agree...
We r in the dark here, BUT if half of what has been discovered on this board is true and PROVED in court then it's impossible to predict the scope of Sussmans end product to nail this case shut and win $$$ for equity....
Long way from home still...
Busted lol
Thank you, thank you for your post
Facts NOT 2 x value fiction with no evidence and nothing EVER produced in OVER 2 years to support.
No one except HOPEFULLY the million dollar attorneys have an idea of the value. They as we all know have NEVER given any indication of what that is. It may disappoint us or may surprise us, but for now it's a total and utter secret known to very few.
Either way this case has months, likely years to go IMHO..
Banks don't build billion dollar skyscrapers from their money just to give it away. They will fight until someone is facing jail time or serious questions start being asked.
Pressure on the hedge insider trading may, just may start people scrambling, but that's only if they actually did something wrong that can be PROVED.. Speculation and conjecture won't win the day here.
I'm more optimistic than before but Rosen is an sob and has plenty of money, support and tricks to keep this going for a long long time.
For true longs and believers this may be the last time to pick up and load up on lottery tickets at these prices,
Jurisdiction or not
Too many here are getting way excited about yesterday's non event.
Nothing happened yesterday to move the volume or the share price therefore the insiders still don't see it going our way. Once we see huge volume and steep increases we'll know that the game has swung in our direction.
There's no way this is going to be suddenly halted, this is gping to take years to litigate and eventually news will leak of a settlement. JPMC will have to IMHO leak news of any settlement payment in order to protect their share price and the news agenda.
We are still in the hands of a very weak judge who still hasn't seen the big picture. She MAY be covering herself a little here just to eventually approve everything but will be able to say she listened and heard the arguments and doesn't want to be overturned...
Anyone seen 2 x value today? ... No.
So let's settle down and deal with what is and not continued fantasy...
I was hoping for a huge pop on price today but once again nothing...
AWESOME Ben Mason! TY
FOR WHAT???
Have we got our settlement of 2 x value? NO
I agree with ChironAll we have is hot air, letters of complaint BUT nothing with ANY REAL THREATto Rosen to change this case in our favor...
More hot air and waste of time AGAIN, 2 YEARS OF CRAP
Keeping it real
We'll know in the next 2 hours if this is gping to be a game changing day..
If we see a sharp rise in price we'll know..
Don't think for one minute the powerful don't protect each other. If there's a upside to this the share price will tell us because friends of friends of friends will want to get rich too IMHO
Could be...
What's crystal clear is we are years from any settlement or resolution to this 'farce' as you call it.
Many here laughed when I wrote we're looking at 5-10 years but it's clear that the estate will be milked for millions each year and no one is going down without a fight.
There is zero direction in this case which makes it more impossible to see any short term agreement and end.
The answer is probably to buy and sell as the months and years pass us by.
Good luck to all.
This is getting tricky...
The question is simple, is this all over or is this the greatest opportunity in our financial lives??
I am confused and not sure of the next move...
I bought back big time and can't decide if to buy more or stick with what I have...
I mean come on 4 cents? If we are gifted a dollar to shut up and go away 25000 or more shares are a steal.
I sadly just don't see any positive sign that anyone but ihub longs on this board believe there is now any chance whatsoever of any $$ for common shareholders...
Can someone point to any positive news?
come on 1's
I admit most of the twists and turns of this case can be interpreted many ways, speculated positively and negatively.
My gut tells me something is brewing
I bought more common lottery tickets today and for the first time some preferreds..
I'm invested at the highest I've been for two years, not sure why, but I've just got a sense we may be closer to some breakthrough (good or bad) sooner than anticipated. I'm in no way speculating here on any settlement, however many of the filings are very interesting..
Good luck to all... Goooooooooooo WAMU
BTW: Someone commented a few days again reply to a post that many longs don't believe diamonds forecast of 2 x value ($16) for commons is attainable or even reasonable. My question therefore to the many longs who like me have been here for two plus years, is what number to you conservatively expect will flow down to commons if all goes well? $2? $5? Less? More?
Legal Tsunami coming for BR on his return
For the longs here...
Since commons are being forced down day by day to probable oblivion when is the next fantastic buying opportunity??
With 2 x value being the law at around $15 + according to a well quoted poster here, and with a $ settlement so close, obviously 5 cents is way too high a price to pay. So should we wait for 2 cents or 1 cent???
Oh it's those pesky mm's up to their dirty tricks again...
Totally 100% agree with everything you posted..
We and the country are badly served by a women who gives the word 'judge' a bad name...
Charlie Sheen makes more sense than she does!
This goes from hearing to hearing month to month year to year, same crap different court date.
I have NEVER seen anyone post how long this can on
Love it... I've been saying to get out there for 2 years now!!!
Count me in...
Don't have the lottery numbers BUT at this price added another 100000 Lottery tickets are never this cheap. Heck if we got a 50 cent settlement I'd have a new car and no more debt...
For those who ever doubted me.....
Gooooooooooooooooooo WAMU