Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It will be a year, at least, and she'll have some decent runs along the way.
It will be around, it will trade indefinitely on the Pinks until there is a reason for it to uplist again - if there ever is one.
FRE and FNM went to dollars from under 20 cents.
It will take a little time to see the bounce, I would say Thurs or next week.
Give it a month, we'll see .50 - $1 here.
I think you will make a decent profit, things will settle over the next few days or so. Then we'll see a run
WAMUQ Price Dynamics:
(Good post from Yahoo board)
Never use stock price to determine a company’s balance sheet worth. Stock price has all sorts of market dynamics by funds that are forced to take action and misinformed traders & investors who react on fear.
Today, many remaining institutions dumped because most cannot hold the pinks. Long investors dumped because they are naïve about Ch-11 bankruptcy and the whole market was being hit hard. Day traders dumped because of a constantly dropping price and fear of big percentage drops in short times. And a few riverboat gamblers like myself made a risky bet that this stock will have its day in BK court. Yes, the final outcome of bankruptcy here might very well be WAMUQ = zero; BUT (and that’s a big but) that final outcome can produce many surprises and gyrations along the way.
“Well, do you feel lucky punk.”
-the bum
Sometimes in life you have to throw caution to the wind and roll the bones; today was, and tomorrow will be in WAMUQ: one of those times.
Once the dust settles here we'll see a nice run. Possibly over .25
I only bought a starter position today, if it falls more I'll add. But I think the 30 - 60 day outlook here is pretty strong.
Average down. I'm hoping to have 500K shares under .05 when it finally runs.
That is the play, don't forget institutions and funds that did not dump out before the seizure now have to; they cannot hold PK stocks. So the price dips, until new buyers come in. Great opportunity for us here.
Wamu still has assets, their could be a new revaluation here.
This is a flipper now, buy under 5 cents, sell at 10 cents.
It was from earlier, probably a fund or insider unloading.
Possibly this has been the long term plan all along.
Close .034, pure manipulation at the EOD to get big traders aboard.
20 cents
Today doesn't matter for WAMUQ, by Halloween who knows?
Buy on the BLOOD RED days as Buffet says. Millionaires could be made here in the next few weeks.
Good post from the Yahoo Board:
Here is why you should buy now
(1) Average down your loss from when you bought higher
(2) The assets remaining average to about a 1.00 a share
(3) They may pull out of this
(4) The FDIC may be investigated for this and the deal reversed because of illegal tactics
(5) This could easily do a Lehman
I think you will see .602 here within a few weeks.
Could see $1 - $1.50 on a severe momo move.
The WAMUQ party is starting boys!
The whole penny stock world is coming in it, like we did with LEHMQ; we know how these PK's work. They run hard!
Eventually a deal will pass, have some WAMUQ on that day for the run
Let them sell out, I'm averaging down under .05!
Big seller getting out, breeding opportunity for us!
Getting ready to load up another 100K shares here.
Best case scenario: In a few days or weeks we're at .50 - $1.
Worst case: We're at .00__ so you lose a few grand. Big deal...
But what if? What if the holding company is valued at a $1? :)
I'll be with ya, 100K at .05.
Give it a few days let the dust settle and the speculators come back in. I think anything under .10 is a steal. The holding company will have some worth.
Big chance.
Maybe by Thurs/Fri or next week.
Not today, give it a week or two to cook up.
This is the first day trading as pink, so there was a lot of covering. I think the holding company could be worth between .25 - $1 when the dust settles.
Also look at the speculation trading patterns for FRE, FNM, LEHMQ... all fell hard and then rebounded big time. WAMUQ could do the same imo.
It won't go that low, speculators are buying back in.
It passes and we bounce to 15 cents, lol
I would say buy now at .04 - .05, sell at .25 in a few days or weeks like LEHMQ!