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Well sir, I don't know if I'd call that proof, and I'm still not convinced that they have to cover.
You could be right, same cusip, but I still don't think they have to cover.
Exactly.
If it's a fact, then prove it.
I don't think those 57 million that shorted symbol WM have to cover. The symbol WM doesn't exist anymore.
Those that shorted WAMUQ after the bk filing would have to cover imo.
That stock is hard to read. It looks like it has 30 day momentum going, but that can change at the drop of a hat.
Day's range = .05 -.08
I haven't been watching that one for a couple months. I had good luck with it this winter, and called it quits after successful plays on it.
That stock is awesome !
Trades like a maniac !
So AXL busted a move today .
Very noble of you Dale.
Depends on who you ask.
Whatever you say dale.
Best of luck to you!
I saw that advice on someone else's siggy and have learned from it.
Figured I would use it since I believe in it.
GLTUT
That was when I was blinded by optimism.
It's a crapshoot.
It could have been smart or it could have been really stupid.
I have to live with the decisions I make and I'm ok with that.
This has nothing to do with what I want.
I'll get them cheaper.
There very well could be another run up soon that I will miss out on, but I am more than confident in my decisions.
People can look at me however they want.
It's not all peaches and cream here, and I don't here you giving advice like this when everyone is pumping the stock.
Plus, you already know the games that go on , so to think that this will hold its current level is surprising.
Think again buddy.
What do you think Wolfe and other counsel are working on that isn't related to the restructuring?
I know they will see more than a 2.4% recovery, and I know that Weil and the gang are/will continue to fight hard.
I'm not knocking the stock, but I would take as many profits as you can because it's gonna go down.
If "they" wanted to keep this out of reach, then they could just bump it up to $50 - $100 right now.
I think you're going to see the bids lowering soon.
No offense, but you can do your own research on that.
IMO, it is funny they way the people that do "DD" and the mystic riddles by GN don't offer a realistic POV.
Let's just say that I'm glad I stayed off the WMI boards for a while and looked at the BIG PICTURE regarding what is really going on and didn't buy into the recent hype.
I'm talking about lawsuits that are already in play.
Lawsuits that Wolfe and others are representing WMI on.
This will not be settled soon my friend.
I would throw into the bid while it's up.
imo, whenever they start showing higher asks on the level 2, they get some people to pay more, but usually is followed by a decline.
Also, once news comes out about WMI having to pay money in lawsuits, the reaction will not be pretty.
There have been more and more settlements in lawsuits lately, and imo, it is only a matter of time before WMI is going to be one of those that settles.
Take advantage of the pump article that was just put out.
"IMO makes them look like they are either playing games or just plain stupid, and it’s not a good way to build shareholder confidence. "
Totally agree.
They are full of it, and they have caused a lot of people to lose a lot of money. Not me, but a lot of other people.
"Example a 2 million MC for AMNE (being generous) divided by 5 billion (estimated OS) leaves me with .0004 for a PPS, a far cry from the .004 current PPS, and even at the x 5 conversion it still leaves me with .002, half that of current. "
So, if it holds .004 before the split and ends up at .0008 after, then there is a decent chance that it will decrease by 50% after the split.
I'm not bashing either, but the company doesn't have any money and 10 billion shares is insane.
If they really do have a solid business plan with guaranteed revenues, then why can't they just get a real loan from a real bank?
Because it is easier for them to continue to dilute .
Look at that , a 2 m and 6 m share buy, pps doesn't move.
There are way too many shares out there.
When the thing runs , it runs hard, when it drops, it drops hard.
Total manipulation.
Guess not.
Doesn't matter though really, they will watch it go right back up after they sell imo.
I have no problem selling for a small gain, break even, or even a small loss if I don't think what I'm in is going to move up soon enough for me.
Cashed out of DRYS too for a little one. Was expecting a bigger, faster move today.
Barely.
I profited off it good the last time I bought and sold, but this time I made a stupid buy at the wrong time.
Just wanted to get my money out of it.
We'll see if the morons are done selling their shares yet.
I cashed out .
How high do you think it will go when the .20s get chewed through?
B
I
N
G
O
!
Should I send him a letter asking him how it tastes?
I think I'll be able to get them cheaper soon...
Hopefully we see some fresh $$$ come into BZCN after people take some profits during the BIGBOARD surge.
I see that.
Thanks for sharing them and your analysis.
WOW !
Look at this pre-market surge.
Very nice action!
BAC might be a good pick-up if there is a pullback after the open. (doesn't look like it's coming though)
It's been holding steady and trading very strong lately.
It just wouldn't drop below 11 for the last week or so.
Also, someone bought 2,003,900 shares of USB at 18.75 yesterday, so there are buyers of the fins, that's for sure.
It doesn't look like it will, but who knows. They could do a big pullback/clearout before the next charge.
Maybe put in a buy at 2.10 and see if it gets hit later.