I like to GNR8NRG
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I believe it would really get the Naked Shorts BURNING quite well. :)
This sums it up for me..."I am staying until we win or lose because i could deal with losing xx,xxx grand , but i would kill myself if i missed out on six to seven figures if the EC comes through"
Yep get Greedy when others get fearful. :)
The good news about delays is that if it takes that long, I'm guessing I'll be able to double down on my position. :)
That must suck to feel that way...I don't think that at all, hence why I haven't sold any. Of course in hindsight I wish I'd sold above .65 and loaded up again at .10 sold at .25 and loaded up again at todays close, but it didn't work out that way. (LOL) I'll just trust all the DD and try to not focus on the PPS. Unless I'm looking to double down. :)
Yeah this could take a while, so lets just take it to trial. :)
I think so, I just know it's in April. People at work we're feeling "sorry" for me today after they we're talking about what happened Friday. I laffed and said that they better stay out if they think that way. These are the same people who just watched their 403b's TANK and did nothing!
Many people WANT things to happen for them, but aren't willing to go make things happen for themselves. I may have been that way before, but I'm not like that anymore.
I hope to see many here at the meeting. :)
Another BUYING opportunity. IMO...Holding what I've got while watching for a big dip. I've got more than enough tickets now but nothing wrong with doubling down.
I expect a run up the week of the shareholder meeting with a quick dip to try and get shareholders votes with people selling. They might even break the buck to tempt LONGS. Well thats just what I expect. We'll see what happens when it happens. Personally I like cheap shares in the meantime. :)
That's a WISE investment! I'm thinking of moving out of California to another state like Colorado or Texas where there are more investment choices.
I emailed it and will print it tomorrow and send it off. :)
There are real people that we're hurt the day WM was stolen and are still being hurt today. I'm a pre holder and a post loader and I don't care if you're pre or post. Something VERY WRONG is going on here and if the justice system can't protect us then we MUST protect ourselves.
GO EC!!!
The main difference with Bear and us is we can send people to jail.
Go EC
I was so focused on WAMUQ's I didn't even think to buy the other ones.
I like the idea of trial more now than ever before. I'm feeling fine now after a weekend and some wine. (LOL) Still holding my position and I listened to the audio again. It'll be an interesting couple of weeks to say the least. I don't think we'll be SHORTED by a third everyday, because the buying pressure probably let up when the day traders left. However they'll return if we have big swings.
I find it funny how little coverage there was leading up to the court date yet all kinds of press picking up the so called "settlement" and how commons are SOL...REALLY!!! I don't think so! Stick around and prepare for a fight. GOT SOAP! we're gonna host a luau.
Me too Tina. Lights on, eyes open. (LOL) :P
GLTY
(LOL) What a funny catoon. (LOL) Nice work :)
Name:WASHINGTON MUTUAL
BID:0.170
ASK:0.190
Tendenz:
Change:0.015
Change %:9.09%
Kurs von 2010-03-14 17:12:21
Up at the moment. :)
People manipulate numbers. People create numbers. People cancel TV shows called numbers, but what does that have to do with the price of rice in China. The support at .10-.12 was me and few others wanting more shares REALLY REALLY BAD! (LOL)
I didn't get any because the PIGS covered before I could BUY,BUY, BUY! :(
Could you SHORT us down to .05? PLEASE!!! I'd really like a couple more shares. Attached to some 0's at the end :P
"GOT SOAP!". (
I was thinking more like they can forget about FREEDOM. Orange jumpy for the whole lot of them. Bernie's buddies could join him soon. REAL soon... 10x3 years...Hey Jamie, you look puruty...
"GOT SOAP!". (LOL)
This weekend has CEMENTED my WILL to see this to the end. I trust the EC. I don't know Joyce, but from some posters here I'd say we're in good hands.
TPG we use to talk about and I've heard a very good explaination as to why we don't hear from them. They will still have to do business with JPM and any others involved in this mess.
I'm so glad about the date of record for the shareholder meeting. I will be attending and voting TOGETHER with my fellow LONGS.
A most EXCELLENT POST! :)
This board is the BEST!!!
It's good to see the teamwork coming back. This board is the BEST that there ever was and possibly ever will be. :)
The amount of knowledge and humanity is inspiring. We just got taught a lesson, we're learning what we're up against and we all have a choice. Take profit/loss, get in/out, buy more/ ride free, it's all about choice and having a plan. Believe me JPM has a plan and it's being followed to a T. Hope we can throw them for a loop. :)
GO EC!!!
Thank you. :) I expect to ride it "free" but I know LEH and WM are very different animals with different circumstances. LEH was in trouble WM was solivent, well until we got STOLEN!!!
I've made over 20k in the LEHMQ's than I'd first lost. I have half that in the JQ's so even if I don't go "free" I'm fine with my investment.
I've got much more WAMUQ's and I've got a resolve that says hold on and fight. So right now I'm holding, come to shareholders meeting, I'll let the ANGER flow. There I will show how much I'm ready to fight!
This is PERSONAL, if it wasn't I'd be riding free by now...
GO EC!!!
I've got a way of winding down JPM :)
WM welcome back, here's what we STOLE
LEH sorry about not giving you back your deposits...here you go.
There's two other cases and I'd bet they deserve something from JPM.
JPMQ (LOL) THAT WOULD BE JUSTICE!!!
DUDE, I'm in but I have two FT jobs and I just told one of them I'm done at the end of the month.
There is too much RISK here IMO but I'd like to think that those who are here are either investing what they can lose or riding "free"
If I were in your situation I wouldn't buy back. You have to take care of yourself first and foremost. I work with people with disabilities and I realized that I'm no longer taking care of myself, hence why I'm letting one position go.
If you can't take care of yourself, you can't take care of others...Your family, friends the ones you love...
If you don't have those obligations, then I'd say GO FOR IT!!! But wait the first 15 min because it's called amature hour for a reason. It usually gets me because I don't have much time between jobs to trade.
I can honestly say that I expect the economy to get worse, at least here in California and we use to be bigger than most nations. If we get a BIG SETTLEMENT, then I'd expect a HUGE rise in all boats for a couple of months, however I really don't think it will last as the government steps back and we see the true value of everything.
I'm actually hoping for a dip Monday to create opportunities for those who are out and for me to load more. Wish I would have been paying attention to the other classes, but I was "shell shocked" so much so I just watched until an upswing happened.
Good luck with whatever choice you make. This is all JMO. :)
Nothing wrong with that. :)
I think the EC will wait a couple days to allow the players to play. It also gives time for those who got out to get back in. Friday bloody friday will go down as one of the most manipulated days in the history of wall street. It made me sick to my stomach to see red 110k but I knew we'd bounce and when we did I tried to BUY BUY BUY and when I couldn't, I knew we'd be alright. :)
So let the games begin and they know what I need to loosen my KUNG FU GRIP. However I can say that a major dip wouldn't be bad beacause I'm ANGRY and I've got the means to do something about it. :) I was never suppose to have this many shares but I've got to thank them for really pissing me off. (LOL)
GO EC!!!
Don't worry, the train can't leave without the DUDE. :P
I too expect a BIG DIP Monday as FF reacts to our DIP. For the future, I wonder if I can trade in other markets? I'd like that but I think I don't sleep enough as it is. (LOL)
For you, it'll be different with adding shares now after being use to so much GREEN!!! (LOL) It was wierd to see my WAMUQ go red, but it's green 38% at the moment. It won't last because I expect one hell of a ride from here on out. Whatever happens happens but this is one weekend I hope we don't halt for settlement. Too many people sold Friday and the MM's should let you all back in this week at prices better than current PPS. I wonder if chart readers can tell me if Friday filled a GAP. (LOL) WHAT A RIDE!!! :)
I've got them and when I asked to pull my certs, they we're like...We don't have any!?! REAAALLLYY...
I'm also wondering about the letter to former WaMu employees about selling their stocks...With this delay a settlement could be reached and then JPM sells it for them if they hadn't already.
I'll make sure to have lots of dry powder that week looking for them to sell and short us again if we're not in a real settlement by then.
GO EC new BOD!
He even said he knows a lot of people are listening. That 10 mil at the bottom, I figured was possibly NITE covering SHORTS. It sounds like quite a few people put "market" as their sell and if you're NITE you just hold them all the way down to your early morning 10 mil cover price under .10 People should be going to jail for soo many things that have gone on around WM. I actually saw quite a few LARGE greens on my screen and I'd bet it didn't take too many new SHORTS to cause the panic to cover the old shorts. I expect more "scare tactics" these next few weeks. I've got some dry powder ready to go and I'm still holding 400,000 WAMUQ. I had a sell at limit for 100,000 @ 25 for 2.5 million. I didn't want SHORTY getting away easy. (LOL) I hope someone has a short list from Friday. I'd be interested in seeing if it was a third of 240,000,000 because that's what it use to be, one third. They're holding us down for a reason and I think they're short covering before going LONG. IMO
GO EC!!! :)
I've got KUNG FU GRIP on my NADZ. (LOL)
Sorry to hear you got out but I'm expecting more rollercoaster swings and I'll be suprised if we didn't. I'm still holding and will try to add on any dips. Actually I tried to add 200k between .10-.12 but of course they didn't fill. (hhmmm) Serious manipulation going on here in WAMUQ land. Just that FACT will make me hold so tight that they may fall off. (LOL)
Hope to see you in Vegas and I appreciate the honesty. :)
I held all of mine and tried to pick up another 200k between .10-.12 but they didn't get filled?!? Something is amiss but I'm LONG, strong with sharper teeth and claws. I have tougher scalely skin, though my Dragon breath needs some breath mints after Friday's fiasco. I've read a few that hit MARKET sell and the MM's held them all the way down before filling thier buddies orders. I'm hoping the SEC investagates and I swore that it felt like the entire investing world was listening to that trial. I'd love to know the numbers that were and the WAMUQ board was INSANE. I'm happy I held and I'm still up 38% in my WAMUQ but it tured red before I walked away from the computer. BRUTAL!!!
GO EC!!! :)
It wasn't ment as bragging, more of a don't give up hope. I lost all of my money when LEH and WM went BK. I didn't give up, I got better. Moved from L.A. back to where I grew up because I knew more was going on than they we're telling us. I haven't "flipped" any of my WAMUQ, which is a stupid of me because I'd be up a lot more than those % I mentioned earlier. However I believe we've been wronged and I want all my shares if it comes to voting on anything.
Right now all the DD is out there. IMO what people need now is to have an example that even though it looks bad, it doesn't always mean it is.
I don't eat things that come out of water, but I'd love the struggle of catching your 7 eyed toxic beast.
GO EC! :)
I was above the ask in both 25k's and 100k's and NOTHING! Should have switched to 5k's but I was seeing RED and needed to get away.
I've learned in "those moments" it's best to GTFAway ASAP. Went to the gym after a bit, but I realized I was still way too toxic to be in public. It's okay for me to stew in my ANGER, but in those times I must make sure not to share it with others.
Right now I'm sure the "BASHERS" are staying away, because "they" want us to tear apart each other. If one of them we're to pop up it would be easy for so many here to confront them. What's changed since before we heard the words, "global understanding?" Not much except for the bogus offer that I'm sure will get shot down. A whole lot less day traders, and a bunch of nubies who will be needing the confidence that many of us LONGS here have. I've developed teeth, claws and thick skin from when LEH and WM went down. Many nubies have only come on board in the past 6 months and now they're developing the necessary "skills" to not only survive, but THRIVE in this kind of market...Even if WAMUQ went to 0 I'd still be up over 150% of what I've put into the market. I've got enough dry powder to almost get out all that I've put in and be playing with "free money" Not bad for never reading a trading book and learning from my mistakes. I can't wait to see what the next few weeks bring us in WAMU land. :)
I chased it too. (LOL) Couldn't get any between .10-.12 Then I just gave up and walked away. I no longer "CHASE" anything. I also don't put all my eggs into one basket. So I can sell that stuff to load up on WAMUQ. :)
It'll be interesting to see what they do these next two weeks. I'm ready for anything. Dried some powder and I'm Locked, Loaded and ready to double down. :P
I would bet TPG still has the majority of the stock. No one entity can own 5% since BK order as such. I'm sure there are some shareholders that got in that we really don't want, but I'd bet their greed to play it on both ends will prevail. I'd say most shorts covered on Friday, except for some new ones, but if you covered 5k for every new 1k shorted and the also purchased shares with another account, I'd say that's what happened yesterday. If you're an MM and you needed to cover 40 million shorts ASAP, I'd bet you could and only had to short it 5 million to do so. With people in a panic I seriously doubt it would even take that many shorts to do it. Almost 240,000,000 WAMUQ traded yesterday. What was our old average 6-9 mil with a third of them SHORTS!!!
I'm HOLDING my tickets because I'm sure they are now getting ready to go LONG. I'd expect some more "shakes" and I've got the ammo to take advantage if they do. :) IMO of course. :P
LIMIT ORDER only, MARKET orders are in the hands of the MM's and they won't let them go. I tried to get more at .10-.12 but I couldn't. Yesterday was a bunch of BS and I learned that to sell "during" a panic is a bad idea. As you have now experienced. There's usually a bounce and it was 150%+ from the bottom. I just watched until I saw it go up and then I tried to BUY,BUY,BUY. I held my shares and can't wait to vote at that shareholders meeting. I'd also like to vote for trial or settlement. As of now I'd vote trial and EXPOSE these CROOKS! However if the offer is our REAL VALUE+ and if the others I've learned from here on this board want to vote for a settlement, then I too will vote for it. I'm just so ANGRY, but some wine and a hot tub helped last night. (LOL) I didn't go out or want to be around others because...I was in a bad place and I have a tendency to rub off on people.
I am SORRY that you and others got caught in that panic. I lost my first 5k in the market,(guess what stocks) but I didn't give up. Yesterday I was down over 110k at one time. All I did was try to buy more, see that I couldn't and turned off the computer.
1) Never gamble/invest more than you can lose.
2) Never sell in a panic, or BUY in a frenzy. especially MARKET ORDERS
3) Don't give up. Learn, adjust/adapt, have a goal/plan and follow it.
4) KNOW what's really important in life.
5) Focus on the solution not the problem.
Where attention goes, energy flows.
It's only money, a means to an end. Focus on what really matters. Friends, family, health and a state of happiness. I enjoy my ANGER because it creates CHANGE. However I won't let it consume me. I use it like a tool.
Sorry if this seems long and preachy, but I have a feeling it may help others. :)
GO EC!!!
The "PANIC" gave then a chance to get their SHORTS out. I know I would have. We traded almost 240,000,000 WAMUQ's If it was worthless the PPS would have NEVER stopped dropping.
Look, you we're DEAD ON!
Luckily it's not over and the PPS agrees. :)
We/EC came up with shareholders meeting BOD and a much higher PPS I'm sure. This was their counter. (LOL) Here's mine...
GO DIRECTLY TO JAIL! DO NOT PASS SJ or collect NOLS. (LOL)
They can try to take it, but the consequences and backlash would DESTROY JPM. I KNOW this for a FACT! I know lots of new Chase bank depositers that don't like their newly aquired bank. Wait til they get some of the info I'm loaded with. I've told people at work and they didn't understand what had happened...UNTIL they did just a little DD. I haven't told all the details, because I expect WAMUQ to become JPM shares. So the DEVIL and I are playing a game of chicken. However I haven't committed any crimes, but possibly they have...IMO. :P
Don't worry shine. The fat lady isn't even warming up. :)
I know someone who hasn't paid their morgaga in over a year and a half, but continues to live there because they pay their HOA fees.
It's one of the reasons I won't buy a house. Too much "shadow inventory" not on the market yet.
Then lets take this to TRIAL because I'd bet my shares that GS has some "dirty laundry" in the discovery.
Luckily the people who I got in weren't able to sell. I told them a few days ago that they should either get their investment out and ride "free" or HOLD and expect the unexpected. (I held all of mine)I didn't expect this and I was hoping the judge said "NO!" and ruled on the SJ. I don't think she's okay with this at all, let alone the EC.