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Alot has to happen inmho...the $4 billion won't be enough to flow to commons..we will need to win the lawsuit...
There is a slight chance...slight...that enough money flows to common going forward that the shares live through all of this as WMI emerges from Chap 11. Then the common slowly growsd over time...that is my belief rather then many saying we will all of a sudden get a $12 settlement.
Oh no hammer not here too......pumping pumping pumping
I went to school in Midland
I think you are crazy...commons stay ? I dont think so.
Wow...finally getting some realsitic posts...yes not getting a thing is probable..
What happen to $8?
Terry exemplifies the worst of message boards.
Zero credibility.
HERE'S HOW TO SEE NEWSLETTER HEADING....
Check this out. New news on Genasense. It's for "Subscribers", but
give this a try and tell me what you think...
1. Go to Google.com and do a search for "genasense"
2. Click the "Show options..." link below the Google logo at the top
of the page once you have search results.
3. Under "Any time", click on "Past 24 hours"
4. Look for the link in the search results that say "Sanofi-Aventis,
Exelixis Agree to Cooperate on Cancer Clinical Trials". In the link
description (7 hours ago), it says "Genta Will Apply for Genasense
Approval in Europe"
5. If you click the link, you get the message "This article is
viewable by subscribers only. To view this article, please select an
option below." However, notice the date of the story - June 1, 2009.
READ THIS... a poster on Yahoo propvided this newsletter link..something like $1.800 a year but here is what is coming supposedly...look at the date june 1 09...
ome > Newsletters > Drug Industry Daily > Sanofi-Aventis, Exelixis Agree to Cooperate on Cancer Clinical Trials
Drug Industry Daily
June 1, 2009 | Vol. 8 No. 105
Sanofi-Aventis, Exelixis Agree to Cooperate on Cancer Clinical Trials
Exelixis and Sanofi-Aventis have agreed to cooperate on preclinical and clinical trials of experimental compounds that could ultimately be used to treat different types of cancer in a deal that could be worth more than $1 billion in milestone payments to Exelixis.
This article is viewable by subscribers only. To view this article, please select an option below.
That didnt explain the profit as it pertains to what is curently happening or will happen...if you cant explain it that is fine just say so.
That was nice to see but tell me...how does that fold into the equation of this going to $8?
Well Im out tomorrow...I dont like reverses...been through several and they are no good for shareholder. As far as terry saying no reverse? I think he is a joke which will be proven.
Ok thanks Jay..
Thanks for your post...
So with the $4 billion the holding company starts a new bank...as the old WAMU is gone.. you think common will survive or would old common be wiped out and new shares issued?
" FDIC is a tough sell, because it is the government and they are very dangerous to shareholders right now! "
I'm not an attorney just a business guy off the street...this is what most concerns me going forward. This entire suit could be wiped off and little recourse is left fort he common holer...so again..use only money you could likely lose. If common wins, I believe the pps will do quite nicely.
Great post...finally a post rooted in the real world...not some Hyped "going to $8" joke of a post.
I wouldn't be pumping like you on GNTA board and here to maximize my gain at the risk of luring others into a false sleep. I own my own businesses...made it from ground up...I eliminate pumping from my thinking...I own several hundred thousand shares here as SPECULATION only...certainly not any major part of my portfolio.
.08 But it could get worse if there is speculation nothing will be coming to common holders.
Fact is reality is setting in for those thinking that you only need to buy shares and watch it magically go to $8. Half those predictions came from those hardly posting anymore...
POSTS GOING FROM $12! $24! TO "One can only hope"...
Terry?
YEP..I SAW DIAMOND FOR WHAT HE IS A LONG TIME AGO
What a joke.
And how do you see the pps increasing...is there a likelyhood that WAMU commons continue to trade? Swap for JPM?
Agree rockie..that is why I get tired of hearing the $8-$12 talk...Common holders could walk away with ZERO
bizreader...I'm not making calculations...never had...you are making calculations. You have missed my point entirely.
You can make all the calculations you want but the fact is, the govt will call the shots here...maked deals on the side...make some things go away...inmho.
I don't expect a deal that is fair. Just my opinion.
I believe pre seizure may see something...not so sure about post seizure shares.
Ok...nice dream
I would make a public apology....But as i see it...pre common may get a little bit and post common will be lucky to get anything.
Pre commmon may get a little...post I dont see getting anything.
At least people are being more realistic as time goes on that $8-$12 is a pipe dream...
Be happy for $1-$2.
NOW DO YOU GUYS BELIEVE ME? LOL YOU ARE DEALING WITH THE GOVERNMENT..THINK YOU ARE GOING TO WIN? NOT! COMMON SHARES CAN BECOME WORTHLESS? YOU BET!
I dont know that it is or isnt...just saying what i feel with the government involved.
trying to reclaim money... don't trust the government to do the right thing.
Right...anything can happen...and this isn't even close to a lock yet.
You are stretching...Be thankful if common holders see anything..remember..this is the Govt you are dealing with.
And at least be mindful there could be no settlement and common is worthless.