waiting for $20 for commons
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Tomorrow
We pretty much agree that on both sides are some of the finest attorneys in the country..
So there is no way on earth that Rosen is even remotely concerned about anything the judge is going to do tomorrow to turn the tide in commons favor...
If he was worried he'd be settling today...
This is what you guys just don't get... Our side has done nothing to push or nudge Rosen into settling, there hasn't been anything presented to the judge that proves our sides case. Until the argument to settle, rather than continue becomes more appealing to Rosen and JPMC then we will all be here for years..
Thursday will be another day at looking back at what went wrong and why wasnt this or that said or done.
Attorneys are trained and paid to know the answers before the questions are asked or presented therefore Rosen is walking in tomorrow supremely confident at his position and his ability to protect his client.
Pretending otherwise is just living in fantasy land...
Point well taken...
I've just got home exhausted...
I wish I could bill someone for millions, all I'd like is a fair wamu valuation and some $$$
What's so unusual about this????
I leave home at 5am I get home at 8.30pm from the hospital and I do that for 3 days straight..
I'm not sure if he gets billed for travel to work plus maybe he does an hour or two when he gets home, but I do the same amount of hours in 72 hours and I sleep about as much (or as little) as him.
He obviously gets millions of $$$ - that's a big difference... PLUS
He screws peoples lives up - I get the satisfaction of saving them
We r in. a Court of law NOT a court of speculation!
Until numbers are presented in open court that show equity is in tbe money all this daily speculation and wish lists are totally irrelevant..
ROCKIE101..Dont to that, didn't you read Dons earlier posting about how millions are flowing from preferreds into commons???
Has he ever been wrong???????????
Isn't 2 x value possible anymore??? Nooooooooo DONT GIVE UP
Stay like me until we reach a penny and then you can post like others did yesterday what a great buying opportunity it is (as if 5 or 6 cents isn't cheap enough LMAO)
shout out to Anna3Hi Anna, thanks for the support at least you and a few others are getting it now.
SPECULATIONconjectural consideration of a matter; conjecture or surmise: a report based on speculation rather than facts.
Speculation is a financial action that does not promise safety of the initial investment along with the return on the principal sum
When things blow up that typically means destruction of some kind...
Well we've seen us go from 70 cents to 5 that's destruction AND our side are constantly destroyed in court by Rosen so yes you're right.
When we get some REAL FACTS and some huge increase in share price and volume perhaps some of the posts here will have relevance and meaning.. For now have you ever seen a dog chasing it's tail? That's what we've witnessed for 2 long years...
The liars have speculated it will be over soon. Many have expected it to be all DONe many weekends ago
The facts and truth r it will likely be another 5-10 years before any settlement is reached.
Don
I think you're wrong on the judge... The pathway she is setting is clear. IMHO
She fans our hopes and expectations by giving us scraps BUT when it comes time to turning this case our way she has failed in over 2 years to deliver the knockout punches time and time again. Just when we think she's doing the right and honorable thing, she pulls back and argues against us..
The reason?
She wants to be seen and heard on the record that she covered each point and carefully weighed the facts BUT eventually she will approve Rosen and the case will be over, and we will be left scratching our heads wondering where it all went wrong.
IMHO Our side has failed miserably to come up with numbers and facts to support our case, so why I have zero respect for the judge I hold our side totally responsible for throwing away billions of dollars and a winnable case by hiding in a corner just waiting to be beaten to death by Rosen.
Having said that...
Don, since you have been one of the most ardent and passionate leaders on this board, I have 3 simple questions that many newbies may want answering...
1. When will this case end?
2. Will common shares see any money?
3. Based on everything you know what are you thinking will be the $ amount shareholders will see?
Thanks for writing that...
These predictions after. 2 years, sitting at 6 cents sound both pathetic and insults all our intelligence...
2 x value . Ha ha ha ha ha
Mix power with billions of dollars and this is exactly what u get as justice... NOTHING..
Sussman and the EC WILL disappoint you in the end and then u guys r left to more upset, speculation and grief..
I'm as disgusted as everyone else but I'm been one of the lone voices here attempting to get folk to take another look at this debacle before they lost everything..
I've lost more than enough $$$$ with this farce, I've been here over 2 long years but it may be time to bale...
Remember those diamond days of ' hold on to your tickets' Bam overnight $$$??? 2 x value..
Even diamond likely doesn't believe that anymore...
2 x 6 cents sounds good right now IMHO
can't you see what's happening?
The judge offers these scraps to us BUT they are always limited in their scope and never gives our side full discovery or the chance to unearth the real truth..
She knows that if she gives us too much our side will unearth the truth and that would destroy her friend Rosen and his crew and cause wide spread global distrust of the system. She is not going to be a party to a meltdown just to save you and me our equity in a bank now lost forever..
This game was lost months ago when she refused to face the facts and award SJ
There's always an excuse with her, wake up folks and smell the roses...
I'm pissed at losing lots of money the past two year, but this games rigged and it's over! IMHO
Rosen A+++
JD A+
Sussman D-
EC F for failing to do a damn thing!!! You guys were pathetic!
Sussmans Strategy IMHO
Sussman is a trial attorney, he's supposed to be quite good..
IMHO, he needs the judge to end this BK case and rule on any unjust POR where he can then take that information and rip it apart at trial in front of a jury.
Only an angry jury who when presented with this act of theft will help us and the american people.
That's why IMHO we have seen such little fight here or any numbers shown because this is just a farce and he's building a case for a later date.
There has been plenty of opportunity to counter act Rosens arguements, so why not? Because Sussman knows this is not the arena to fight or get maximum $$$$$$$
The only downside is as I've said before we're looking at about 5-10 years before this is finished, however I believe the settlement in our favor would be outrageous if this scenario played out.
We still after all this time have not presented any evidence to prove wrongdoing or numbers in our favor...
Either our attorneys are outplayed and totally inept or there is another strategy in hand...
tombrady12nh,that's a terrible thing to say lol
You will now be demonized, ignored, abused etc, etc by 90% of the posters here...
Even I'm not now willing to take 15 cents!!! lol - Maybe at one time...
BUT... Mr Rosen I can be bought for a $1 pleeeeeze
If we can get a $1 and this begins to trade again we will likely see a nice increase over the years rather than wait years and year and year for this BK to be over.
The clowns in court could have this settled in an instant but that wouldn't serve their purpose of legally stealing millions calling it 'fees'...
Is there any wonder attorneys are despised in this country?
I'm sorry, but tap tap tap on a keyboard by you guys and girls is NOT getting the press or spotlight this BK case deserves.
How come companies buckle when people demonstrate outside their buildings and start attracting unwanted press??
Perhaps UNITED we would be better served by setting and organizing a date and ALL of us travelling to demonstrate outside Chase HQ.We can EASILY get the press attention, but you guys have to have the courage to get off your ars@@ and start acting!!
Since no ones been prepared to do this in over 2 years, I'm convinced we have a bunch of people who in truth believe we have a weak case or you just don't need the money that badly.
If you all were as angry and upset as you post, I just can't believe that there's been no call for an organized demonstration up to now...
Sad but true...
Reading the posts here, it's all becoming so more gloomy and depressing. It's clear that many have finally reached my conclusion that this is now a lost cause.
I STILL hold some tickets just in case, but how appalling that our side is so pathetic in court.
If even half of the seizure information is correct we should be pummeling these guys in court, one can only presume that after over 2 years our case is much weaker than anticipated and there is no credible evidence to support the theory of wrongdoing.
Each court case is more depressing than the last, we achieve nothing and are left scratching our heads wondering what went wrong... The facts are we have NOTHING to offer as evidence or we would have done so by now.
What is the point of an EC? It has achieved and said nothing in months! They know we're beaten which is why I'm guessing they're unwilling to put out any encouraging words to those they are supposed to represent.. You and me!!
I've known for months now that this would go on for years and years in court, or until Rosen finally gets EVERYTHING he wants. He's a genius in court and I wish he was on our side.
Dear Mr Rosen,
Please offer commons $1 a share so the majority of shareholders can accept this and end the BK
Thanks
Chiron what's the range of expected return for preferreds? I'm thinking of dumping all my commons and just keeping preferreds. If we get anything it's likely WAMPQ only IMHO
Chiron What you thinking man? We've been here a long long time... Is it finally time to truly bale out?
This is NEVER going to swing our way down to commons IMHO
Your thoughts???
What court case have you been following???
I haven't heard or seen in court any suggestion of fraud and/or cover up presented in over 2 years
In fact quite the opposite.
Tomorrow, more disappointment followed by more speculation followed by months of more nonsense...
The WAMU BK farce continues led admirably by a wanna be judge who should have ruled for our billions to be returned last year but doesn't have the nerve or courage to act...
Those here convinced she knows what she's doing will continue to be hugely disappointed. Unfortunately too many people are very easily fooled and led by words rather than action.
Hope, change, transparency, sounds great until you realize you've been fooled again!!
Don't be fooled by the judges words.... her inaction to award over 4 billion in SJ last year said all we needed to know about what a clown she is...
She may be a wonderful lady but she's a lousy judge!
Agenda for tomorrow
More crap and more disappointment followed by useless speculation and analysis
Well informed??
You have a choice between the so called experts on this board who for over two years have speculated almost daily about settlement and values of $16-$24 per share... AND
Just perhaps 2, maybe 3 people here that have their feet firmly placed in reality who realize that the evidence placed on the record and in court has thus far been pitiful for our side..
Always ask yourself this question... Follow the money...
If the money professionals TRULY believe they could turn 6 cents into dollars and more why is their zero interest, low volume and the share price at this ridiculous low level.
The well informed will convince you it's the mm's ( market manipulative) but really? EVIDENCE?
At the end of the day, you r buying 6 cent lottery tickets. Be prepared to shred them!
You are unlikely to get a truly balanced viewpoint on this board, we have too many amateurs here believing they know what's going on, they have been caught out and suprised time and time and time again..
Buy what u can afford to lose and then just check back in every few days, you'll see the same stuff being written by the same players..
AIMO... Good Luck
Chiron, stay calm brother 2 year wamuer... We're nowhere near where we want to be. When we get over 70 cents again that's the time to start getting excited.. This is just more BS.
Good to see everyones spirits are still up and remaining positive.
Had a number of days away from either worrying, caring or having the faintest interest in this farce of a BK.
You should all try it. Switch off your computers and enjoy life away from wamu, aaaaaah feels soooooo good
You have no control over the end game, once you come to terms with that it's so much easier to switch it all off.
Most of us are long and been here for 2 plus years!
We'll NEVER surrender.
We're just going to lose tens of thousands of dollars any day soon...But we'll have a great tale for our grand kids....
They'll thank us for all the countrys debt we're leaving them and savings we just spent on a wamu dream ..
Aaaah. It's only money
What are you talking about???
According to the expert key rappers here, Sussman is a genius and doing an awesome job . And as for tbe EC it's clear from their powerful rebuttal statements on our behalf that they r fighting hard 24/7 for us!!
What a farce!!! Our team isn't even in the game, our team are beaten and they know it, I hate to admit it but this is over!!
Confused??
Is this BK farce over yet???
Can we start the trial, pleeeeeeeeeze
I've stated on more than one post...
Sussman is a 'trial' attorney...
All we are witnessing now is to get things on the record for Sussman from this BK farce so he will have Rosen and others to squirm like the worms that they are many years from now if this ever goes to trial.
My guess is that all the guilty parties are counting on a trial many many years down the road. They will for the next few years before this happens make billions and billions off the seizure, they will then years from now make an offer on the courtroom steps that will be agreeable to all parties and thus everyone will have both won and lost just as in 99% of all cases...
We' re probably looking at 2015-2020 before this eventually goes to trial according to some corporate attorneys..
All of us will have our shares cancelled in the next few weeks due to the pathetic judge we were blessed with BUT years from now we will receive one of those standard group class action lawsuit letters...
Something like...
"If you ever held Washington mutual shares you may be entitled to compensation, please return this letter by 1/1/2016 to qualify," etc etc
2 x value lol.....
Thanks for the post...
I've been saying for a year this judge has not interest in helping us when she has everything to gain by helping her powerful friends..
The case is clear, yet she can't see it?
What type of judge is she? Is corrupt going too far? Weak yes.
We know Rosen has walked all over her from day one!
I'm not even sure taking this higher will help. I think a jury trial is tbe best bet at this point. Give it to 12 of our peers who r sick of the corruption....
At trial I'd believe diamonds 2 x value will be on tbe low side!!
I think it's a disservice to new people here to suggest Mordicai 'has always been spot on'...
If Mordicai is to be held up here as a guru of knowledge I suggest you research his posts..
He CLEARLY stated last year that it was going to settle on one particular weekend. He was WRONG then and he MAYBE wrong now....
This is not a slam this is a fact!
There has not been one person here that has come close to predicting anything in this case... We have all been surprised both good and bad. Everyone here are mere pawns in a game being played by kings!!!
Goooooooo Wamu
100% agree Chiron there are some here that have never run into a good judgevlet alone a great judge.
This judge that we have been afflicted with is an absolute disaster for truth # 1 and the greater picture for the USA to remain as a serious Republic.
She has failed miserably because as I've stated before she doesn't have the courage or moral clarity to 'stick it' to Rosen and his lies...
She is the Judge Eto (OJ Fame) of our time, unfortunately this isn't being televised because she'd be a laughing stock from REAL, STRONG and able judges who when presented with even the little of what she's seen would have wrapped this up a year ago!
No matter the hope and examination from pundits here, the facts remain equity in this environment with this judge is likely doomed.
I firmly believe Sussman is not even faintly interested in what happens with this judge other than to gain evidence have people placed on the record all for one reason to go to trial many years from now...
This is likely to take many many many long years before anything happens.
This country is on the brink of failure, any damage to JPMC will finish this great country off.
Property prices are going to plummet this year, more people will lose their jobs, we are very very close to real disaster here...
I'm confused....?????
I thought the document that was sealed was supposed to be favorable to us???
This is becoming so boring, 2 years later here we r at 6 cents... let's just get this over one way or another... :)
I'm so sorry, I had the same last year witb my 7 year old black lab..
After spending $3000 in the intensive car with blood transfusions etc, the vet called it a day.
I'm sure he was greatly loved and both of you had precious moments together.
Lovely story but unless you have inside information this has no basis of fact, 100% speculation just as you posted last year that settlement was going to happen one weekend that never materialized.
I respect much of what you've done and do but when you go off into pure fantasy land it rather dilutes many of your other posts that have great value.
I doubt u care what I think however many on the board respect what u write so lets stick to analyzing the documents presented before the court rather than speculate based on ????
after 2 years our new price range...
0.058- 0.062
Wow
Couldn't agree more..
There's been no attacks just silence, it's tremendously disappointing....
What about at least for a minimum a statement or press release from the EC, aren't they supposed to be representing us???
It would be nice to be updated...
Who knows where this goes or ends. It's an emotional rollercoaster, we've been here 2 years now, it's all becoming a little predictable isn't it?
We're likely to be here for sometime yet
Watch JPM very closely, they will protect their close friends and warn them of any impending settlement that will see a 10%. + loss..
IMHO tbe talk about tbe big dip and crash to the economy may be due to the unknown fallout of this case....
Personally I think they have to keep amazingly tight control on this to avoid sheer panic...
If JPMC fails then get ready for all he'll to break loose..
How is it even possible that this stays steady at 6 cents???
Tell tale signs of possible settlement negotiations
We know the power brokers take care of their friends.. Keep a careful lookout for slippage in JPMC stock, at that time IMHO we are probably close to closing the deal. They can afford to drop a little, share swop to incorporate and end the negotiations and move forward stronger than ever.
I believe we may be better off long term because I'm more convinced than ever we'll see shares exchanged not cash...
We'e all seen this before.. I'm looking for 100 million plus days every day this week which will convince me that people see cents turning to $$$$$
of course they are going to offer a share exchange. I posted last year it's the easiest, and most under scrutinized way to do it.
99.9% of the general public wouldnt have a clue as to what it means (and that includes the JPMC shareholders)... Also no one cares about this, we have a lousy administration that's spent all our money and has produced no jobs hence 17 unemployment in some areas, you really think people give two hoots about this nonsense when they're struggling to put food on the table..
Oh by the way this is the wamuq discussion board if u want to comment on shootings, go elsewhere!!
Regardless of the diving into every word from Friday IMHO this is nearly over and unless there is a major upset coming swiftly from the EC or Sussman (your saviour) this will be tied up and closed within the month.
To the comments on the board about moving up to the 20+ cent levels??? Really??? That gets you excited??
OMG and I'm called bipolar by some of you lol...
What happened to 2 x value?? Now we want 20 cents lol
There's only ONE thing that will move this stock and that's BELIEF that there is a good chance that cents will turn into dollars!!
all that matters is market reaction...
Mondays volume will tell us all we need to know about where this is heading... Some postings here have convinced me to keep hold of my 6 cent lottery tickets for a little while longer.
I'm looking for market professionals to now point me in the right direction.. The world
Is run by greedy sob's and if they FINALLY see they can turn cents into $$$$$$ the volume should start being 60-100 million daily as the pps rises to new highs..
The mms r an easy fantasy on this board to blame the situation, but they can NEVER cope with REAL buying pressure and interest if there is any chance of equity getting $$$$
I'm hoping for a quick dive to 1 maybe 2 cents to double my holdings..
- By the way where's the equity committee? Aren't they supposed to represent us?? Not a peep, no statement, no word, no guidance! Nothing, a complete waste of time IMHO
- Sussman, forget about him!! Read his bio,,, He's interested in TRIALS not this crap!
All he's doing is taking names and collecting information for his next move which is taking parties involved o trial. IMHO he couldn't care how this plays out in BK court!
Chiron and Cashbuilder once again my post which was 100% on topic, was deleted... There's no room for a different perspective here..
I'm glad to see today that more and more posters are facing the reality of where we are rather than still living in dream land.
I take no joy from being right about the judge or our situation I'm sick and disgusted!!
Sussman and the EC have been absollutely useless, there's nothing to do now except to wait for the shares to be cancelled. People on this board are additionally responsible for leading in cheerleading with unsubstantiated claims!!! 2 x value... It's the law lol lol lol lol lol
Chiron
I'm positive we're going to see something just don't believe diamonds numbers or the timeline...
Likely to be here for years.... However I am desperate to be proved totally wrong!!
Not negative, far from it because I have plenty to lose...
Just understand one important aspect of this entire process...
Postings here, no matter how positive or factual have zero relevance unless placed IN THE RECORD and to the court...
Too many people here read stuff on this board, fall in love with what's written and then are surprised and dumbfounded at court dates as to why we get nothing and are left disappointed...
If even half of what has been presented on this board was presented in front of the judge we'd likely be in $$$ land now!!! All IMHO