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Received my proxy this morning as well via Etrade.
Read and voted!! Here we go!
Windfall Magic
LG,
I have been out of the loop for sometime now. So from what I am reading we are in the clubhouse turn?
It also sounds like before the end of the 3rd quarter? Can you confirm?
Windfall Magic
Thanks for the analysis JGD.
I have also ran a parallel senerio of a major pharma buying this company in the next 2- 3 years. Your thoughts on that?
Will this help my arthritic hip? That would be awesome. pain level seven all the time. I am not clear how it would fit to effect the joint.
Windfall
This is Awesome except now we are buying degraded salt water damaged assets. Perhaps a fire sale.... or I mean hurricane sale. Florida is in a bad way right now. Of course if the South Florida has a experienced building loan department this might be the perfect buy.
I was in the distibutor business for more than 20 years, I am not sure how creating a distribution channel cuts profit in half. In fact, it clears space by taking low volume retailers off if the service plate and allows BIEL to focus on high volume high impact business. Opportunity cost go way down when you Defer low volume business through distibution. JMO
That's OK...
It's not any of us have our life savings tied up here....
This may be the life line this stock needs. If they indeed do have the vertical channels they have always claimed to have this may push the life and possible an opportunity for a big pharma buyout.
http://www.huffingtonpost.com/chris-weigant/war-on-weeds-end-in-sight_b_10934184.html
Windfall
First gap $42.24 We touched and then recovered but the bigger gap is at $37.19 from Friday's Brexit. JMO
I think that FAZ is going to backfill the gap today...
Vixpix,
How are you doing with the intel?
Windfall
I replied back... I hope it makes sense..
Windfall Magic
Vixpix.. send me an email and will share my Faz/Fas strategy that I have using for the last four years. I have never had a down day using it. It will improve the fish in a barrel approach.
Jimbanta@ymail.com
Windfall Magic
I trade both FAZ and FAS everyday... They are fun for sure..
Windfall Magic
Same boat... different ocean. I really had big hopes that Big tobacco or Pharma would try and get ahead of the change wave on hemp, marijuana, and oils and buy up companies with vertical market control; development, production, process distribution and retail. But I obviously made a very big and expensive mis-step.
Windfall Magic
Yep, This stock jump started my portfolio. I found it by accident when a friend expressed what was going on back in 2009. As a matter of fact, that is where my handle came from. I traded this baby all the way up and stopped when it hit the $22 area. I am beginning to set this up again.
Windfall Magic...
Well another year has come and gone and it looks like the Santa has forgotten us misfit toys once again here on the island of misfits.
I think there is real potential with WMIH, as this I am just not sure what that potential is and how long before we can see it.
In the meantime, I sure enjoy the banter from both sides.
Windfall Magic (long time holder across the board)
I totally agree Le2, the problem is it's note worth the $2k invested to chase these guys. I think they know that....Unless they were convicted on some RICO law violation.
If the DOJ and congress would just pass some usage laws then the financial institutions would open the coffers. and I think we would see a run on that you couldn't imagine. The problem is I don't think they can hold out for that scenario.
Winfall Magic
LG,
I have been here from the beginning and I have watch the court of public opinion pontificate on the pro escrow side and the anti escrow camp. For several years I bantered with people but frankly I am just a trader and this has moved well above my understanding. Unlike some on here I admit when I am over my head and rather than spew nonsensical rhetoric I choose to sit back and just read and wait. I admire several of the very educated and common sense people who try to define where WAMU is heading. I count you among those I read most often.
So to my question; If in fact we are going to "recover" and be compensated, what is taking so long to get this done? and second, why are so many that feel negatively regarding escrow possibilities waste their time writing on a board about a stock or "place holder" that has no chance of recovery? I would think they would spend that valuable time looking for other market opportunities.
I am just looking for your thoughts, no point to make here. It is just after over seven years, I am curious.
Thanks in advance for your reply.
Best regards,
Windfall Magic
Thanks Bluee,
I totally agree with you on WMIH. The escrows are just a wild card perhaps sometime down the line.
All 11 kido's are fine. My middle son just returned from his fourth tour in Afghanistan. He runs a Ranger Special Ops team. We are not real sure what exactly that means because he is not permitted to talk about his work. The rest are fine, Became a grandpa finally. My oldest had a son about a year ago. Our oldest daughter was one of the MTV stars for Naked Dating... (we are so proud) NOT!. It's fun to talk about and see the reaction of the people in our Ward at church.
Everyone else is doing well. I finally finished my MBA, Now I need to start applying the knowledge to my trading plan.
Take care I will check in again soon.
Windfall Magic
Bluee,
This is Windfall, I have been totally disengaged on the WAMU front.
I have been reading yours,Diamond's and largeGreen's post. As I read between the opinions can I assume that all those escrow shares sitting in my sidebar portfolio are truly worthless as of a few weeks ago? If so, I am sad for everyone who has put all there hopes and dreams on this play. However, I am very happy with the WMHI rollercoaster.
Windfall Magic.
I am of the belief that when, not if the hemp oil market becomes legal from the fed standpoint. Then I think that big tobacco or big pharma will swoop in and bu this company. They have positioned the company in every segment of the supply chain.
When that happens......... BOOM!!
When? who knows.
If nothing else big T or big P will buy them to eliminate the threat.
Windfall Magic
What? you think hemp is going to freeze and we will get caught short? My dream of being a millionaire has just been crushed to ashes. I an so depressed now...... OK, I'm better now, thanks for being that voice of reason ad1, and making us all realize that we should not be trading.
I think we will see this company as a prime for a big pharma or tobacco buy out. I think, $2-4 per share within the next three years, if things keep moving forward. Philly just legalized MJ. I know hemp is different but they are in the same family.
Windfall Magic
I think we will see this company as a prime for a big pharma or tobacco buy out. I think, $2-4 per share within the next three years, if things keep moving forward. Philly just legalized MJ. I know hemp is different but they are in the same family.
Windfall Magic
Yes, then comes the Pharma or big tobacco buy out. and then big bucks!
Anyone know of a good low cost inverse for faz? I can't seem to find short shares during a S&P rise.
I tend to look at the segments Discovery is positioning itself in.
Then look at the potential for a pharma or big tobacco to come in and buy them. Think about RJ Reynolds and the big law suite they just got slapped with. If they could off set that suite with something other than tobacco... BINGO.....
JMO
Windfall magic
Well this is good news.. I hope some players get a hold of this pr and report.
http://www.otcmarkets.com/news/otc-market-headline?id=16166416
So based on the history here... We get news we should see a drop in price and volume... J/K Let's get this bad boy moving to where it should be.
I think we are positioning this company to be bought by a large pharma or tobacco company once the feds put some teeth in the banking rules so that BofA and Chase are wiling to participate.
Windfall Magic
[chart]stockcharts.com/h-sc/ui?s=DSCR&p=D&yr=0&mn=3&dy=0&id=p73572336632[chart]
Check the chart I could not annotate it so I will just point out the indications.
1) RSI heading to power zone
2) 50/200 day still in a strong cross over
3) Ultimate Oscillator still tracking above the zero line showing nice accumulation
4) ADX running horizontal and the + DI still tracking over the - DI.
These are all good signs.Plus buy sell volume is 2/1 buy side.
I think these are all very good signs.
Windfall Magic
I give up... I can't remember how to insert a chart.
Anyone here have intel on the debit card launch today?
Wow... I never expected this....
Anyone having issues with Etrade Pro today?
Thanks Green
Inde1,Green
Check the pattern on the ADX DI +/- chart and send me your thoughts.
I want to post a chart on SMVI. How do I do that?
Windfall Magic