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.
Not there yet, lol
Waiting for .05
LEH bounced to .40 , can we?
So we could still see .05
Do we see it hitting .25?
Where do we see it by week's end?
But if we are RIGHT about the endgame, we win. And the endgame is all that matters here.
SPEA traded at .007 one day, the next was 10 cents, the next was $8, within a few months it was $30....
Not saying that kind of move will happen here, but if there is a RM and a revaluation then whether it's at .002, .005, .0001 won't really matter.
Why do you think the mods don't bother posting here anymore (except SP)? They are confident and don't care what the BLDV.PK pps is.
Harley, it's the endgame (or the beginning depending on your point of view) that matters here. Not the day to day pps.
JQM could have easily put out monthly fluff PR's that were forward looking statements and perfectly legal to keep the pps buoyed. But he doesn't care either. The same way the SPEA folks didn't care when their pps was trading under a penny for months. Because they knew the final outcome.
Do you? Are you SURE?
I'm still waiting for .05, 500K share buy.
I really hope you are right!!! Imagine buying 1 million SPEA at .005 a few weeks before the RM that eventually got it to $30?
WOWZA !
I hope we do I'll buy 5 million, lol!
So much for that. Unreal how they walk her down on minuscule volume. Walk it right into my .001 buy boys!
I would wait for .05
I think I will.
Where is Clayton with a PR?
WB bit the dust! Who is next?
Do our WM shares convert to the new ticker on the pinks?
Assets of 32B, debt of 8B = 16B. SO why the F are we under $1?
WaMu holding company claims assets of $32B and debts of $8B
Puget Sound Business Journal (Seattle)
Washington Mutual Inc. disclosed debts of $8.1 billion and assets of $32.8 billion in documents filed late Sept. 26 with the U.S. Bankruptcy Court in Delaware.
The Washington Mutual holding company (NYSE: WM), along with its affiliate WMI Investment Corp., voluntarily filed for Chapter 11 bankruptcy protection, court records show.
The federal Office of Thrift Supervision on Sept. 25 put Washington Mutual Bank into receivership after depositors withdrew $16.7 billion in eight days, plunging the 119-year-old savings and loan into a liquidity crisis, the regulatory agency said in a statement. It was the largest bank failure in U.S. history.
JPMorgan Chase & Co. acquired Washington Mutual’s banking operations and loan portfolio for $1.9 billion in an auction conducted by the Federal Deposit Insurance Corporation, leaving WaMu’s holding company and its affiliate to chart their own course.
More than 500 entities hold either unsecured or unsecured subordinated debt in the holding company and its affiliate, court documents show. The Bank of New York is trustee for the holders of the 20 largest unsecured claims.
The bank also hired three East Coast law firms to handle its Chapter 11 case. The firms are: Weil, Gotshal & Manges LLP of New York; Richards, Layton & Finger PA of Wilmington, Del.; and Simpson Thacher & Bartlett LLP of New York.
Good points.
The reason for the lack of performance is because there was not an official PR, it was only on the website. If Bloomberg recognizes this then things will change.
Yep.
Schwab never restricts, but they only let you buy up to 999,999 shares per trade.
Washington Slumloans, lol
I figured there would be a bounce from .05 - .10, I didn't think it could see a $1 again, but who the hell knows!!!
This could bounce between .05 and $1 for months. A lot of opportunity!
I would short WB in pre-market if it was allowed!
Can't we all just get along?
Lmao! You think I'm Jeff? That's funny.
And the shareholders got wiped out.
Doesn't sound like a guy who wants to throw his reputation away on a pink sheet scam... INCL is the real deal.
I bought 250K shares at .06 before the bailout started... I'm waiting for $1 boys !!!
Bounce to $4
We are going much much higher here, BLDV is a great investment that will yield you stunning returns. John Quincey Moaning is a visionary leader who will change the face of the biofuel industry! And you can be a part of it pontalba for only 2/10th's of a cent right now!
What are you waiting for? You're being thrown a ladder to the USS Riches! Climb aboard with the rest of us!
You are probably right, 'BLDV' will not be trading soon. What will be trading is a new ticker assigned to Nasdaq based on a new valuation. It's going to be great ponty! Get some shares before it's too late !
BLDV new highs are coming!
The war here is almost over, victory is near for longs!!!
Not the WM shareholders, they were robbed!
FDIC SCREWED THE SHAREHOLDERS!!!!
Criminal. Execs get millions and shareholders get destroyed.
WaMu execs could get cash severance totaling $38 million
Portland Business Journal - by Greg Lamm
Alan Fishman, the CEO of Washington Mutual Inc. for only a few weeks before the Seattle-based thrift failed, would be entitled to $19.1 million in severance and bonus pay.
Two other top WaMu executives have clauses in their employment agreements that would also pay them a total of $19 million in cash severance if they are terminated by JPMorgan Chase & Co.
WaMu, which has 67 branches in Oregon, was seized by federal regulators and sold to JPMorgan Chase & Co. Sept. 25.
According to a WaMu filing with the Securities and Exchange Commission, Fishman, who replaced Kerry Killinger as WaMu CEO on Sept. 8, signed an agreement that would pay him a cash severance of $11.6 million if he is terminated this year or resigns. He also would be allowed to keep his $7.5 million signing bonus.
The WaMu executive with the biggest termination package is Stephen Rotella, president and chief operating officer, who is entitled under his current employment agreement to a cash severance of $12.7 million if he is terminated or quits with “good reason.”
Meanwhile, CFO Thomas Casey would receive a cash severance of $6.3 million if he is fired or quits with good reason.
Both Rotella and Casey also could receive millions more in non-cash severance compensation under their employment agreements.
A JPMorgan spokesman could not be reached for comment. But on Friday the company told The Associated Press that Fishman remains as CEO of WaMu’s holding company and it was too early to say whether he and other executives would be replaced.