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Lawyers dont care who gets paid as long as the money trail keeps coming their way. Once that nears the end you can bet they will be looking to settle . IMO
Nash
You should pat yourself on the back.
Although sometimes I don't always agree with some of your methodologies, i have read many of your ancient postings and you are pretty consistent on your messaging.
IMO
Nash
Rainbow1111 great article read but
I still see that equity stands a 50/50 chance of winning anything for common shareholders.
It appears commons will stand a better chance going to trial than settling.
If I am wrong here feel free to advise.
Thanks
Nash
Is Jamie Dimon’s JPM the BP of Banking?
See this 2 min 21 sec video report from July 27, 2011.
He is getting slammed here for his misdeeds.
http://www.ritholtz.com/blog/2011/07/taken-to-task-jamie-dimon%E2%80%99s-house-of-ill-repute-jpm/
Here is part 1, of a 54 minute interview with Charlie Rose dated July 7, 2008 just two months before the illegal takeover of wamu. See what he has to say and how he feels its all about jobs.... claims is strongly believes in loyalty.....and that he owes people the truth, working hard to make JPM a healthy vibrant place for employees... if you avoid the truth you promote failure....wow he rambles on here.
A conversation with Jamie Dimon:
http://www.charlierose.com/view/interview/9161
Enjoy
Nash
To diamond G
You totally misunderstand my question.
I am not nor have I ever been a basher.
I own 6 figures of wamuq.
I run two businesses and therefore don't have the luxury of spending all my free time on BB's so when you and a few others here elude to 2 x's Value based upon case law and previous settlements, hypothetical scenarios and best guess judgements all I am asking for is documentation from you that supports your claim.
But all I get back from you is personal attacks. Lighten up eh! I'm on the same side as you, you just fail to recognise it.
If my question to you for proof of claim is that hard for you then maybe you should not take this so personal and simply help convince those unlike yourself who don't live on BB's. You can take a lesson from bizreader who dud reply eloquently without attacking.
Good luck to you.
Nash
Biz I agree and this article should be stickied and added to the long list of others if it hadn't been already .
Dimon is a snake for sure. Thanks for the posting,
Nash
Bizreader pretty good article eh!
Clearly indicates Dimon the Devil had his sites on WaMu two years before the illegal takeover which also infers possible collusion to a takeover. I wonder if the honorable judge knew about this when making her decision. Maybe that's why jam stock in on a slow freefall.
Nash
Can anyone post a link to any document proclaimed by the nefarious diamondguru that "clearly" spells out a common share holder payout of 2x's value and clearly states what that value is!
I have written back to diamond with no response to this question.
If there is s court document that states 2 x's value I'd like to see it, and it should be stickied above IMO.
That is unless this is a pipe dream made up from hopeful documents and hypothetical scenarios.
Please post this doc for us all diamond.
Thanks
Nash
es1 I agree but
Even tho computers may be running programs to manipulate the share Price someone has programmed those computers to do so.
At the level is stock gets manipulated it's not all by chance.
There is a covert effort to keep the SP down. IMO
Nash
It would be Nice if it turned out the same for wamuq as it was for Tribune but each case is heard based on the facts and might help one might not help others but it would be nice if it worked out that way.
Nash
Diamond if you are so sure it is spelled out in black and White and it clearly says 2x's value and it clearly says what that value is meaning a specific dollar price per share for commons and the 2x's value is not
Perceived, or Hypothetical based on safe assumptions and possible scenarios from case law or past practices, etc., then by all means please post a link here for ALL of us investors who don't live on BBoards.
If a court document CLEARLY spells out the valuation which you profess as the payout and the payout will be 2 X's that value, it should then be a stickied item, wouldn't you agree! That would put to rest any misperceptions and maybe even help drive the SP on this dog and pony show. IMO
I will wait for your reply and link and look forward to reading this legal document that proves common share holders will receive 2x's a value quite often referred to here as $8.00 a share prior to the BK.
Thanks
Nash
jhd where do you get 2x's value?
What valuation are you using and why?
I have not seen anything in this case that places a "valuation" on this stock as of yet. If you have some document that indicates this, please provide us all with a link.
If you are referring to the made up value by a few speculators on this board, be careful not to get sucked into that trap. If when a valuation is [provided, it will be posted here you can be sure of that. imo
Nash
Rocky the Market has been bad for three years.
In fact it's better now than a year ago or two years ago when jpm was in the low to mid $40's
Nash
Shorts should be doing well with the slow drop Jpm Has experienced
They have lost about 25% of value in the past few months.
Look at their chart and it's easy to see holders have been dumping for some time.
Nash
Well put!
Rickockulous who you kidding this your first post here!
Out of 72 posts 71 were on another stock and only 1 on wamuq.
Glad to see you really have stamina to wait it out!
Glty anyway. Lol
Nash
After this last ruling anyone following this for any length of time should be accumulating every payday now.
Nash
Surfdude I agree
If the Feds here outlawed short selling like they did in Europe we would not see the corruption we do from the wall street slugs.
IMO
Nash
Frankfurt now at .07 or .096 U.S.
small moves make waves to higher SP
imo
Nash
And JPM has dropped from $48 to $32 so its happening everywhere.
Watch for the bounce rate. Coming to your local MM soon.
imo
Nash
one person's loss is another person's gain.
Nursejeff
I don't know why you keep spewing your diatribe here. You flip flop from one week to another depending on the price going up or down then claim you have sold it all and are pulling out. Take a position eh!, and stick to it. You'll sleep better. imo
Nash
Please explain your interpretation of this language and how it may affect us.
Nash
Maybe it should be stickied to make it easier to find .
Thanks
Nash
If it's any consolation
Look back over the past 12 months at the average price for Jpm
And something is slowly happening to the share price.
Someone knows something as it always bounced back and forth between about $39 to $44 per share. Today it is about 25% less value than a year ago.
Makes you wonder what someone knows and why they are slowly dropping.
Maybe from all the lawsuits against them.
Nash
It's nice to see fish posts the closing arguments for equity.Good read.
I've asked him to equally post the closing arguments when they are available for the opposing side and the request was ignored. Does anyone here know when or where this is so it can equally be posted.
Tone fair and balanced it would be nice to see it.
IMO
Nash
LIMeyone
Please reference a few posts that you consider bashing. Maybe I missed them.
It's interesting that some here who continually make unsubstantiated claims in favor of ramie are not labeled pumpers!
Just an observation IMO
Nash
Is closing arguments aval yet for opposition
Closing arguments posted here for equity is great but let's be balanced and see the oppositions statements also.
Thanks
Nash
Could you also post the closing arguments for the opposition when it is done. This was a very good read.
Thanks
Nash
I thought the law suit was against JPM and the FDIC not the hedge funds!
Nash
If the "evidence" is so strong, why then hasn't the judge made overwhelming decisions in our favour.
The evidence appears weaker then everyone hoped for.
If it was a slam dunk, then why hasn't the stock price reflected your sentiments in the Market and caused waves of positive media and a run for investors.
Because it isn't strong enough to land a verdict in our favour.
I agree with the 7 year pony express. The odds now are more like 10 to 1 of any confirmation not in our favour as exemplified by the lack of public support reflected in the continual dowgrading of the SP no matter what DD you toss out or the 2 x's valuation you profess.
IMO
Nash
AC41 what are your thoughts now after the hearing.
Nash
There' nothing in my comment that states or imPlies "fluffy PR's".
A great deal of the false pumping in the way of 2 x's a perceived value is pumping in my book and has nothing to do with any PR's. If there is such a document Please show us all.
Nash
Finally.......
They were easy to see 3 years ago what do ya mean finally? Lol. IMO
Nash
AC looks to me the market manipulators leaked news to big holders to sell. Oh well when it hits .05 it will be time to trigger another buy.
Think about it. Every run we've seen was prefaced by a gradual sell down and just before the bottom, large blocks were sold off so IMO the bottom is not far off and another pump and dump is coming so get your horses saddled up for the ride.
Get your buy orders ready, get your funding ready because when she runs up fast she detracts even faster the slowly melts down to a new low.
These manipulators try a new technique every time to throw investors off but after watching their pattern for over three years it's a good bet it's about to happen aging. IMO
Nash
It's the "Market Manipulators" keeping the price low. Notice last week with all the roller coaster rides in the Dow and WAMUQ was nearly motionless. Label the Market Manipulators for that.
Ask yourself, if this stock was truly worthless, and the Market Manipulators see no future value in controlling it, why then do they continue to manipulate and control the outcome unless there is a surprise around the corner. I have been very vocal about hypothetical valuations of 2x's a perceived payout value applied with no solid documentation to PROVE such and have been blocked and accused as a basher, which I am not. But anyone who trades on a regular basis who has followed this stock for the past three years knows a manipulation when they see it. IMO
Nash
Still long (holding 6 figures) but still call it as I see it, sorry if that offends anyone but that is not my intention.
Bizreader, I'm curious.
For all those on the fence wondering, please share with them what you know that would cause them to buy wamuq, based on what you know.
Thanks
Nash
Good chance today and tomorrow could present some very good buying opportunities to load up on WAMUQ and others at discount prices when the stock market opens today.
Standard and Poors downgrade of the USA's AAA status is expected cause stocks to free fall today. If you didn't get in on the rock bottom prices two years ago, the next few days will give you that opportunity once again.
Keep a good eye on the opening bell. IMO GLTA
Nash
Cheechmoney ditto to your plan. Several of us in our investment group have done several times with WaMu. Those who are sitting on their nesteggs for over two years have really lost out by not buying and selling here.
Like you said buy a core amount. Sit on it then buy and sell the rest.
Congrats to your 60%
Just think of all the buying and selling many here could have been doing instead of sinking all their cash into one stock.....then not flipping it for over two years.
They really missed out on a lot of trading IMO.
Nash
I don't see anything in your chart that says 2x's value?
Please show us the proof!
Thanks
Nash
You'd think if we were almost there
the SP would be going up not down.
Nash