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More pullback see you at 50 cents.....
Lehman taking a dive into uncertainty. Is it back to 5 cents? possibly
Joe I may believe market makers can manipulate price but only to a certain extent. However I believe there are not many buyers just because of the fact there are not that many shares available I mean the average volume is between 20 to 40k. Same thing happened to my Wamu and Lehman common shares they were gonna get cancelled all of a sudden they were not, it is a gamble. Another thing is I just can't believe common shares would get something and CT's that are higher ranked would get cancelled that somehow does not make sense to me but I guess anything can happen. In any case I just have a few thousand invested I hate to lose it but if I do it will not brake my bank GLTA...
Joe and everyone else I understand the negativity and proof you guys have shown but still there are two things that dont make sense. If the CT's are gonna get cancelled..
1. Why the CT's have gone up in price?
2. Why people haven't been selling these like crazy?
Can you answer that please...
why not $50,000 OR $100,000 per share?
you used to say 2x value plus based on $8 Are you playing dumb now? Everyone knows this is a $20-$30 company $50 is not out of the realm of possibility. But even if that happens thats not your 2x value plus. who are you trying to fool?
Even if Diamond was Barrack Obama no one is gonna give us $20 for our common escrow and what $2500 for preferreds?. You guys are NUTS!!! You guys realize I would be a millionaire if that happened fat chance...
Maybe if we wait another 50 years then it would be 3x value plus
So the point is that people who cashed early because they freaked out cannot come now and say Hey I dont want that 20% anymore I want more. The people who waited out and bought when it was down are the ones to see full recovery?
I guess is a good thing the article does not mentioned CT's are out of the deal.....
Hey voodoo long time. Apparently we have to wait until employee claims are settled before Suckman goes after Goldie. Employee claims court dates have been extended till March 2014 Who knows when we could see something on escrow....
Have we just witness a pullback? Maybe my crystal ball was not broken after all.....
Noone can tell you that because noone has a clue. There might be a small payout for escrow but it might take another year before that happens.
yes I have been wrong before and I have also been right a few times. Is just my opinion.....
JPM has absolutely nothing to do with this stock totally unrelated and If you are thinking they will fund our LTI with any of the assets they stole you are mistaken our lawyers release them of any wrong doing, they dont owe us anything. Some people might think they will get caught and be blamed for WAMU's demise but if they havent been caught before why would they get caught now fat chance if you ask me.....
My crystal ball says you have to wait at least six months to have a better idea of what is gonna happened with escrow unless employee claims get resolved sooner which I highly doubt......
I think the train has left the station and most people have not realized that yet. My only regret i didnt had more money to buy more shares at those prices I always hoped I could buy more with LTI money Oh well...
By the way Im fine thank you
So what everyone is saying is that absolutely everyone on the Lehman state will see a recovery except for capital trust?
"Signs of Life for WAMU" Im curious why that article doesn't mentioned commons should get paid as well as preferreds. Also they dont mention the possible recovery against third party lawsuits... I guess they will cross that bridge when they get there
I never said the BOD want it this private but I wish they had, to protect our interest. I guess I dont care now...
Actually I have to thank the BOD for their incompetence and the subsequently devaluation of the stock to 0.47 cents by letting it trade. Now I have 10 times more shares than what they originally gave me
what pull back?
Nothing can stop this train well may be if we call Denzel......
Joe I respect your opinion, however I have one question, why is there such a low volume? Everyone seems to be keeping their shares and not getting rid of them. Could you explain why? I mean if they were worthless they should be trying to get rid of them or is it they can't find any buyers?.....
No those shares will never hold any value unfortunately, sorry.... They will always display a BIG FAT ZERO But you might get a few cents per share within the next five years if we are lucky
There is no money coming, there are not enough funds to even pay the H's which are next in the waterfall. Suckman drop the ball on Goldie until at least March next year when the employee claims could may be finally be resolved. Sorry for the bad news.......
Seems like you guys are in a good mood lately with all the comic relief but is it to forget the CT's might not make it thru this BK
what's happening?, what's happening?!!!!!
I dont have any mission. I was stating a fact since we went back down to 1.08 Looks like we finished strong. Don't you think I would be interested in my shares to be worth much more than what they are now?
Seems like Joe is not so sure anymore!! Does that mean I should buy some more?!!
Seriously everyone gets dividends or only the ones who bought before august 24?
i have done the same mistake several times by not taking profits, however I dont feel like selling this one i would feel like an idiot if after waiting all this time this suddenly jump a few dollars and i miss that opportunity. I feel like all or nothing here...
Oh well, that was fun while it lasted!!!!
this could be the start of something beautiful and magical
what's happening, what's happening?!!!
none of the lehman ct's are trading anymore?
What are you guys talking about The N's are to be cancelled soon didnt you know that?
Im so glad I didn't get stuck with the shitty N's. At this point The N's will be the only CT's to get cancelled. GO FIGURE
Hey Devil so if I bought after august 24 then if possible dividend pay out Im out?
that sounds like a deal
I just bought 6000 @ 0.42 you guys are not funny. You are making me sell tomorrow at 0.62
Damn, time to sell this worthless pile of doodoo, who wants to buy mine?