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They could but I dont think they would do that to shareholders. Perhaps someone here for more knowledgeable on that can answer.
I set my limit to sell at $15. I like looking at it.
H's just jumped on the ask...mm's keeping the bid the same...LOL working it..
I dont think so...WAMU has a heart and most likely a desire to do what is right for the shareholders which they will need as future customers should they decide to BANK ON!
Alvarez and Marsal got Healthsouth (HLS) through it all without BK which was way more difficult then WAMU.
WAMU has commented about exiting BK and $4 billion would help...get relisted and continue on..Alvarez and Marsal are here to help that transition.
What are WAMUI intentions? Get $4 Billion..continue lawsuits and try to come out of BK with commons in tact and start the banking up again...?
Comments?
I have always stated this will not be a "Here's your $12 a share" like diamond believes. Perhaps a slow and steady rise over time IF WAMU decides to take the money and continue in the banking business wihtout destroying the common...
Maybe even a share swap of some ratio...1for 5? It may take time however after (IF) we get back the $4+ billion.
Gosh I hope we don't get their stock in exchange regarding settlement...it might not be worth anything one day.
Agree...Diamond says the same thing all the time
Thanks...I'm glad they converted to common.
Why is it bad again?
Exactly i added more on the dip..but as I have said and been chastised for..it is not as easy as getting a judge to hand over $8-$12 a share...folks should lower their sights to $5 area and be happy at that.
Jury would be great..I dont think the tone is very good out there after the auto companies went into the hands of the Govt after the govt already spent a gazillion of taxpayers money...No one wants Govt motors....jury will be reminded of that abuse of power.
LOL...that was great...I agree it runs much deeper than dandelion roots and is beginning to smell worse than skunk cabbage. Let's get what we are owed .
agree on the manipulation... as far as the college costs...no argument there...it's gonna cost you. :>
Yep...You thought JPM would have to pay? The Govt is in bed with them...they will cover for their partner. So those of you thinking JPM will be paying us or giving us shares for ours...I don't know....might be a stretch. We may still come out OK but not the way many envisioned. Oh Diamond? Pump Pump?
Nothing but air...
Well it is a nice dream...we will see.
$250,000 staring you in the face...plus...you stated lined up on our side? the H's?
They have not been good.
That's a dangerous position to take
Yes..doesn't necessarily mean there will be a detrmination.
Yes and wait for the commercial real estate crash which I believe will be at its worst 2011... Malls will be like ghost towns.
I wouldn't expect anything regarding $4 Billion
I don't neccessarily feel that the Judge will make any determination about the $4 Billion tomorrow. Could be but I don't expect it.
I dont think JPM cares..maybe its better for them on the 1 for 4...or whatever swap. Regarding Bellagio...my friend booked a regular room and they upgraded him to the bellagio suite. Must be slow... :>
Last .115 inchin back up a bit
I love Alvarez and Marsal..the best of the best when it comes to retaining shareholder value... and there are probably many many old dogs (long time holders) that have held onto their WAMU stock in hopes of seeing it rise from the ashes and return to a good chunk of its former glory.
You think the judge will rule tomorrow?
Thanks for relaying the info.
1 for 2? yeah..that would be sweet. Id take 1 for 5 in a heartbeat though.
I agree...no strength so far today...or MM's are tugging hard before expected news.
Any judgement our way would rocket this thing with that many short
I expected a bit more robust start.
Best wishes to you but I would say that is being a bit optimistic..the company most likely has plans that does not include the best for the shareholders.
Plus the FDA has changed top positions and under Obama much more likely to act favorable this time around...
So you are saying I will at least see 25,000 shares of JPM stock for my 100,000 post seizure common...which then will be worth $1,000,000? It seems out of reach...So what do you think the H's will be worth after all of this?
You think that indicates a win for WMI regarding the $4+ billion?
Yes trading AH is more indicitive of Monday expectation than early trading on Friday which may be composed of day traders hoping for some news ...though buys outweighed sells for sure.
JPM has already lost> How do you figure that? Guess?
man..well I hope so but i don't share your enthusiasm. We'll see who's right.