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All in all, it really looks like you didn't miss anything. Looked exciting at first, but turned out not to be anything of real value.
Did anyone ever post a link to back up the GS bid theory?? Did I just miss it??
I will give you whatever leeway you want with point number 2, but you are so wrong with point number 1.
Selling does NOT mean they must think the price is going to go down. They had to act because they were about to expire!!!! They simply sold (surrendered) them so that they wouldn't have to pay any money out of pocket. They just kept what shares were left over. Otherwise, he would have sold every last one of them. They probably set up this option MONTHS ago. So, please don't make this into something it is not just to hype up the board.
They were about to expire! No news there. He sold what he had to, to pay for the stock and taxes! No news there. He kept the remaining amount. No news there.
Better to get something rather than just let them expire. He did it this way, so no money ever came out of his pocket. NO NEWS HERE!!!
Where do you get that hype from??? It's just going through it's normal swing!! Nothing to suggest it will get to a dime and especially anything higher???
I don't know, but someone filled my order at .08 today. So I thank them for giving them up!!!
Crazy though, because the K's are almost to 100K, which is quite a bit above their normal. So, I wonder why they are getting so much more volume.
My opinion is that they should stop putting out those stupid PR's. They aren't even PR's and they look cheap and stupid. Looks like something a high school student or lower wrote. "...our precious funds" Who talks like that and doesn't that make us look poor and desperate. IT really bugs me when they put out these stupid things!!
Well, if you are flipping, then you will probably miss out on one chance to do that during that timeframe. If you are holding long, then it doesn't matter if you take 7 - 10 days off. If it blows up during that time, then it will still be up when you get back. If it suddenly drops and bottoms out, then chances are you wouldn't have caught it in time and you would have sold for a penny anyways. Chances are though, that it will be right in this same spot when you get back!
Cents CAPITALIZED it and stated that it is "Pure" MM manipulaton on Thurs. (I added Wedn., because that is when the drop started). So, why do you state you don't think he was referring to that??? It is very clear that he was.
Why does Wed/Thurs have to be PURE MM GAMES. All the financial stocks went down Wed. along with WAM. Zion, C, BAC, JPM, Etc. Now they are all up today along with WAM. The MM's aren't controlling all of those stocks!!! I am not saying they have nothing to do with it. But you guys coming on here always acting like they have everything to do with is ridiculous. If it goes down it is the MM's and if it goes up it must be some great news about to come. That is your only play everytime. Well, you are rarely right about the news, so I am guessing you are also rarely right about the MM's.
How about this one too. IT JUST WENT UP A PENNY, WE ARE ABOUT TO GO SKY HIGH!!! BETTER GET IN NOW WHY YOU STILL CAN!!!! HaHa, like that one is ever right too!!
Yeah, I was being sarcastic.
Well, if I follow what everyone else says, it tells me that the MM's got their shares. Now they are letting it back up to sell and make a profit. Then they will take it back down and do it all again. Did I get that right???
My funds didn't settle in time. I am really bummed about that. So, I am actually hoping for another drop next week. Also eyeing the K's, now that they keep hitting under .50.
Actually, now that I have read the article, I really don't see the relevance to Dykstra's situation and ours. He is not saying he lost the money due to the takeover. It has to do with loans he took out. Am I missing something, what is the relevance?
It may give attention to it and maybe will get the networks involved in finally talking about it.
On the downside, being the nutcase that he is, could he bring the wrong kind of attention. By bringing it out into the public, could he potentially ruin something that may have already been in the works. If JPM settles now, does it cause them to have to settle with him and any other nutcase that comes out. Maybe that causes JPM to fight rather than settle.
Yeah, I understand what you are saying and agree!
I'm not saying they have absolutely nothing to do with it now or ever. But to put that out everyday like it absolutely the reason it is happening is not right either. Put some more thought into it, before making that same general remark most everyday. There are so many other factors out there. You really think the MM's are controlling the whole market today from penny stocks up to major companies. I doubt it, yet they are all down. Much world news today, I am sure it is having an impact. Give me a break, don't just throw out MM's like that is the end all, be all for all movement on this stock.
That is probably the MM's hacking it!!!!!
It's not the MM's, it is simply the market today. Everyday you guys want to blame them. It's really sad. Look at the market as a whole, look at the world news. Get a grip!! Stop using that lame excuse day after day.
I really doubt that any of the red today has anything to do with WMI, JPM or anything related. Virtually every stock I watch is down today, including most Bank/Financial stocks. WAMU, JPM, LEH, ZION, BAC, C, ETC.
Let's not make this into something it isn't. It seems we try to take every movement as something personal with WAMU and it really isn't the case.
I meant look at the bid.
Yeah, but look at the ask too. .05 on the k's, $10 onthe P's
Yeah, thanks. I just didn't scroll down at first!
Nevermind, I see it is posted now.
Is this something that can be posted??? I filled out the registration form for Pacer, but have to wait for it to get processed. So, please post if you are able. If not, please share what #64 stated.
That is very funny!! Definitely made me laugh!
If all this was really true and there is going to be a halt or settlement or something over the weekend, then why aren't we seeing more action. You can't tell me this wouldn't have leaked to some degree. There would be some bigger players getting involved.
Yeah, I think the concern is the hype around a halt. It is brought up every week or two like it is imminent. Yet, this has been going on for a couple of months or more, so obviously it wasn't imminent. Now, if you keep saying it every week or two, your feeling may actually be right one of these times. But, the chances of it being right now isn't any better than the other times the same thing was said. Yet, it is sooooo over hyped.
Although the volume could just be on the news of the settlement with the savings plan. Which could explain why it has somewhat slowed down the last couple of hours. I think if the surge in volume was about the ruling on Wednesday, it wouldn't have slowed this much.
This has happened a couple of times over the last week or so and hasn't meant anything. And probably many more in the past. Don't read too much into it. But, it is still nice to see.
That does help, thanks.
Yes, the ask was at .20 for a while and it hit it real quick, then went back up. Although my ask is above that, but it doesn't show for some reason.
Thanks, It is GTC. That is good feedback and I will make the call.
Right, that is why I specified that I DO NOT have it set on AON.
I have a bid on LEHKQ above the listed ask of .20. When it just dropped to .20 a little bit ago, it didn't hit me. Do you know why that happens. Is this something I need to complain to Scottrade about? I do not have it set on AON.
It's a good day with the U's, K's, H's and P's all up today. Much of the financial companies like BAC, JPM, ZION and Lehman were down today!
Honestly, I would be happy just to keep the gains we have and continue to build on them tomorrow. But, I hope that we have a real power hour and move into the .12's.
I see .117. Seems to be the next number we need to break through. Can anyone see what kind of resistance we have there?
Nice, steady upward trend today. This has been nice.