What's next - 0.07s or 0.10s ? Or sideways?

bid 0.01 / ask 0.25 on the eve of the written arguments

Lets just pretend for a moment here.

Everything in the stores made in China disappeared because they're pissed and wont trade anymore.

Almost all of the equipment to manufacturer it is long gone. So lets start over.

Steel mills are mostly long gone

Oil becomes unobtainable for the us refinery. Gas, if you can find it is $xx.oo a gallon. Doesn't really matter because there's No job to get to or things to buy at the store.

America is now built on & supported by debt. The majority of business is service or tertiary related and provides zero growth. Important only when things ate growing and others are busy working. The next is technology but without a major breakthrough that will only provide very little growth and thats if someone else doesn't figure it out first. The next largest is retail who's main function is to distribute foreign made goods. And most retail jobs Don't pay enough to allow them to purchase the goods they sell. Transportation is in there but mostly to support the distribution or foreign goods. Then construction industry, btw who's job goal is to finish the work as fast as possible therefore working themselves out of a job faster than any other field. The field is dominated by illegal aliens. Without growth or devastation construction falls.

Primary and secondary sections of our economic resources are virtually gone now. Farmers are paid to not grow.

GDP! !!!!!! right? What's ours ? What do we as a country do now?

Jpig made a gazillion $ shorting WAMU prior to seizure,
Still Needed to borrow 390 billion from the fed.
Then was handed WAMUs assets.
Then bought WAMU securities at DEEEEEP discounts.

Just exactly how far jpig is upside down remains a mystery to me because its above my pay grade to figure out.

But I can see that if jpig was just flush:
that they wouldn't need to borrow 390 billion
that if they made just 1 dollar they'd be flush plus 1
that if they were handed 257 billion in WAMU assets like FDIC says, they'd be that much up.
They are filling at whole in jpig. Who big is it?

The judge did say that, & in turn rodent and crew came up with an alternative. That was if you DID NOT get any distribution under the plan, you WERE NOT providing any releases. Those who did get a distribution wouldnt provide a release & would be free to pursue any claim that they felt entitled to.

There was then speculation that receiving as little as 0.000001 per share would be considered receiving a distribution.

Whoa! That's taking this to a whole 'nother level.
I was trying not to go there but the possibility of such happenings can not be denied.

Ringy- dingy - ringy-dingy:
Hello...

Hi Mary, its Barry. Please forgive me calling you on your personal home telephone line, but I need to talk to you.

Hello Barry. How can I help you.

Well Mary,......

Could happen, but maybe my tinfoil hat is on too tight.

As big as this seems to be, or could be, it should be getting more traction and discussion over there I'd think. I'd dig too but my smart phone isn't that smart. Ill do some digging tomorrow if it's not specifically found by then.

Most of the time it happens after discovery but before the dirt is aired. That moment has passed.

sometimes they wait to just before the gavel drops if they feel a defeat is eminent and know they have lost. This is the next approaching moment.

Sometimes both parties feel so strongly that they have a undeniably strong case and they let the court decide in their favor, both sided completely expect to win the issue. This will be a nail biter moment for us and them.

If rodent causes or requests a delay its because he's worried about losing. The delay will give him more time to find an out or for someone else to find a way to save his ass.

So

I have 100% trust in rodent being up to no good and everything he does is part of a larger plan to deceive. He has earned the position where everything he says is to be considered a lie until proven otherwise. Guilty until proven innocent is how I look at it and base my decisions with that first and foremost.

Thanks UZ, definitely deserves more attention . That tid-bit was completely off of my radar. There's more to the pps rise and the news release than meets the eye. This had about 35 minutes to move before closing on the "news coming " banner and less than 15 mins on the " no charges blip".

Makes perfect sense that if the litigation fund is equities money and the fund is no longer necessary in full or part that the money needs to come back to equity.

Any chance you have a section # or page # where the pos por explains how the bondholders 3xx million and this litigation fund were to be distributed or reasons for it?

What was the volume for the last 30 minutes of today's trading? TIA

I must be missing the connection between FDIC dropping criminal investigation and +/- 350 million for bondholders.

Lmao - too late

Uz, what news is he speaking of in : " given This news..."

How many weekends are there in almost 3 years?

Fish, I think anytime the FDIC capitulate on a position its something to look at. Why mount a criminal investigation and then drop it when the FDIC has proven its ability to make stuff up. Different cases as far as criminal and civil but the same execs are involved and the civil case settlement deal fell thru also.

Grabbed a 5% increase in my position @ 0.076. Had progressively larger buys set if the price would have gone lower today. Total was 50% increase target.

Thanks and same to you & every other wamuer

Well it also means someone is to blame and its not the executives or their decision's. So that leaves FDIC's and treasury's public statements that taking WAMU was a mistake.

Bet it also means killenger told the FDIC to go fly a kite & you better back off, "look @ what I got on you guys"

ESCORT ACCOUNT? man o man even If that's what it is you can't call it that

Lmao- I know something y'all don't know.

Must have been good, but I missed it before it vanished

That's what I'm guessing too. Great time to accumulate more if that's what you want to do.

Just like goldfish can only remember the last five seconds.

So far, they have not moved themselves. Not one share, not once. Every purchase since 1-1-10 has been recorded as and stayed B until I request it to be changed.

Per my broker representative @ Schwab, and I have a margin account. I noticed that my holdings of WAMU were split into two different batches, one with suffix A, and other with suffix B. My original old purchases were A and newer and most recent were B and all new ones go to B. I would have never noticed if it wasn't in two differ groups.
I asked the difference and he said one is set up so they can borrow B and the other is not A.
I then asked if he get them all moved over to A, took him about 1 min on the phone to switch them.

Voodoo, the pps has some congruency to the value of wmi as stated by rodent. His statements are complete BS compared to reality, but the pseudo reality that sets the share proce comes out of rodents mouth or off the latest mor.

There is the day trader influence, up a bit on speculation or pre-hearing and then they sell off.

Now here is a very interesting phenomenon that I've noticed.
There's 1.7 billion out standing shares, correct? 1% of the OS is 17 million. On days where the volume is near 1/2 of 1% , only 8-10 million we can and have moved the other 99% of the shares over 20%. And thats not 8-10 million solid accumulation either. Seems way way way over leveraged to me on the surface. Until you think about the massive Naked Short position.

The potential for a short squeeze of epic proportion is here.

Great post. Much like the movie jacket should read.
There's three years in a few clear concise paragraphs.
Might also be the official " newbie read this " post, perfect answer to "can someone tell me about this stock "

Everyone must be using the lull to read the transcripts catz posted or catching up on any of the 325,000 posts they may missed (I HOPE )
These quite times give one time to ponder and speculate, some are phenomenal some are nonsensical.

Well the gdp reports are out and the Guy was screaming like chicken little. So That could be the diversion? Barry causing a stink for every one, that's another diversion. USA going to loose its AAA rating there's another.

This weekend better than most to slip it. S under the rsfar

Well If we use Sheila's reasoning

Its practically a non event, it is below the fold.
391 billion to keep jpig afloat.

I've always felt we should have hired a message board maniac to represent the EC. What the hell were they thinking hiring one of the nations best lawyers. The savings to the estate would be significant. Are you available, you are obviously better qualified than SG & just as good as any other MBM. Perhaps your strategy would be better suited to rodents sandbox and playground antics. I'm sure you'd put plenty of ink I'm Sheila's pigtails and kick Jamie in both shins.

Could you please take the necessary steps to have yourself appointed to represent the EC

Rockie, remember yesterday I said I was going to call the MMs this morning. They did what I said and they got to make some money too.

I sure don't know what to make of that.
Doesn't seem to fulfill the reason they asked it be admitted IDK?
the big to-do about the footnotes isn't in there.

Maybe I'm missing something

He must not read the sticky post on hearing days either
Thanks danbb

...answer this... was that even a question in that post ?

Dude relax, stop beating your dog, stop beating the board, and realize there's nothing to do but wait. Wait holding your position, wait for your price to buy more, or sell it and wait ready to jump back in.

If you're worried then sell , pretty simple really. However I think doing some DD would help ease your nerves.

Please don't forget they traded this down to 0.04 at the same time as por 7 was being negotiated. That's a fact and that alone completely negates your theories that the pps corresponds with something good or bad. That's one! Now don't forget this traded up to 0.74 while the first por and gsa was being negotiated that completely killed equity. Again completely negates your theories that the pps corresponds with something good or bad.

Actually, it shows exactly the opposite of your theories and that the lower the price goes, the better shape we are in much much much more than what makes sense. That being the higher the price the better shape.

I did call them for you rockie, and here's what they told me.
Don't forget we traded this down to 0.04 while the EC was negotiating the POR V 7 that was turned down. We knew that would eventually cause a dramatic rise in pps if and when It was announced and it did & that's how we make money. We made lots of money on that one about 0.20 a share or 500% . Rockie & any other shareholders could have done the same. We're trying that again. Maybe another 500% or 5,000,000 % don't know yet. We weren't really expecting the EC to walk away from the last deal but 500% gain is pretty damn good.
The lower we drop it the less risk and more potential there is for us or anyone who buys.
No I'm not telling you where the bottom is silly, that would be considered inside information. The shorts can do what they want, but since us market makers are whores, we no how to put on a short squeeze when the time comes and boy watch us make money then.

So there you have it rockie , that's what's going on.

Yo dogggggggggg! Ever hear of an appellate court?

They have a WAY of keeping that kind of down low stuff on the up & up.

If the libr was stuck on or could find a gray area to sway the case to favor a cash contribution is one thing. Completely ignoring evidence and an attitude of reckless abandon towards settled law is a whole other animal.

Ok, ill call the MM tomorrow and I'll ask them to please stop manipulation of the share price and if at all possible to please raise the pps because rockie isn't sleeping so well when you guys drop the price. Ill also tell them to make it green everyday , even if its just a fraction of a percentage point. Oh and almost forgot this, ill have them tell the shorts to cover already ! !

The ones who know are being watched under a microscope. They aren't going to risk anything by tips or leaks or more IT activity. I see us in a better position now more than ever. I'm looking forward to it dropping because I want to add more, if I can get more shares per Buck that makes me happy. Since I want to add to my position, pps going higher means on chasing and getting less per Buck, that doesn't make me happy. Red or green is only a physiological mood enhancer with out DD.


I don't know how it ends but I don't see blue sky Breakout run up to our end value. I think a halt is a more likely scenario.

As long as he has them I don't care.
Anything short of a midnight panty raid at iron mountain .
Mordaci thinks that one piece may be what caused libr to cause that chambers meeting, that piece came from the debtors.

When these boneheads get involved with collusion and conspiracy, they share info amongst themselves. The party who's damned by the particular document most likely didn't release it, but whomever else it was shared with and fell under discovery let it out. That'd be my nest guess. A lot of those emails are sent to multiple parties and who's to say who those forward them to. Remember that TV commercial " you tell two friends, and they tell two friends, and so on & so on & so on "

I'd bet the old man has plenty more damning tid-bits too. Maybe even some that are red hot & still smoking .

Go susman Go!
Gfybr

Sure at least a few times a day its asked.

EC never was to provide a valuation for the court, doing that is the debtor's obligation. The debtor's haven't done so as of yet. Solomon is there to have a second opinion on the debtors valuation at this point.

If the EC submitted a por Solomons valuation would be already waiting.