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The longer the court battle lasts, the worse for jpm and fdic. And the better for commons shareholders.
Patience. Do you think JPM will settle to pay 24dollar/common share in such a short time? We're talking about lost of money here my friend.
Have patience. Day traders are ruling now,and sometimes you see big volumes being bought by big longs. Like the one I told you about yesterday valueing more than 40.000 dollar!
We've seen the bottom, now we're up!
Gooooo scll
Indeed. Rosen sounded nervous and desperate at the end yesterday.
I think he knows he has to change and go over to "plan B".
"Plan B" means settlement.
I hear everybody speaking of 24dollar/common share: wel, let that be the settlement.
Ever heard of Casterligg investments? They're buying IMO.
And that is good news!
Indeed!
If Rosen was so sure of winning his case, he would never had any opjection of a shareholder meeting. This is a very good sign.
Rosen is desperate and that is the last thing lawyers want to show. We are going to win!
I own 10.000 at 0.18
The court case is not about us, or when we bought our shares. The court case is about wamu and the ec against jpm and the fdic.
It doesn't matter when we bought shares. It's about jpm and the fdic 'cheating'. They need to compensate wamu and its' shareholders for cheating.
Minimum payment: 24dollar/common share
Welcome to the big guys into wamuq!
0.188 217500 OTO 14:08:41
someone bought 217500 shares at 14h08:41
That is 40890 dollar!!!!!!!!!
WaMu shareholders can pursue annual meeting
Bankruptcy judge allows WaMu shareholders to try to force company to hold annual meeting
http://finance.yahoo.com/news/WaMu-shareholders-can-pursue-apf-2025952229.html?x=0&.v=1
Great!!!
How many candidates can be picked?
We will be rewarded!! Very soon we will be at 0.70 dollar/share. And after the court case we will get 24dollar/share.
wow!!!! great!
Can anyone answer to him? Or don't we have access to that?
Thank you for your answer.
Is our evidence really that big that wamu and the EC can ask for a 24dollar/share settlement for commons?
A 24dollar/share settlement would kill JPM. That's why I don't think it will happen.
We won't be able to elect the BOD. When the EC wins, we will get money for our shares. But we won't be shareholders anymore.
Nice summary. What about tomorrow?
How are or chances for tomorrow, what will it bring?
Imagine: what if shorts weren't able to cover anymore...
Imagine: a massive buyback by evfn at these levels after having diluted at 0.06 until 0.006. Now buying back all the shares they have diluted. Or Casterligg investments buying back the shares.
To all shorts: remember: "When you play with fire, you will get burned sometime".
No R/S coming.
10-12 fuel stations this year
Durant facility operational in q1 2010
One news release of that king, could be deadly for shorts.
My advice to all longs: put your sell limits at 0.006 at least!
I have put mine at 0.12 dollar/share
I have this from yahoo. Maybe this is interesting too.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=tm&bn=86316&tid=433228&mid=433228&tof=1&rt=2&frt=2&off=1
Mail it to Reuters, NY times, WSJ, the financial times, CNBC, CNN, etc It is perfect!
IMO we should inform the press and keep them up-to-date.
If someone finds an interesting document, file, answer to an email etc, we should send it to the financial editors of NY times, financial time, WSJ, Reuters en to Kirstin Grind. Mail to CNBC, CNN, ...
The press is the most powerfull weapon there is.
I hope so too. I think we will get some percentage of 24 dollar/share. The following weeks will determine how much.
24dollar/share for common shareholders, bondholders or preferred shareholders?
"Quote on page 5:
"WaMu again would have been prevented from failure. Under an inconsistent and moving public policy, WaMu was in fact a systemically important institution and should have been treated as such. It is noteworthy that Secretary Hank Paulson in his recent book, On The Brink, states (on page 293) that… “I see that, in the middle of a panic, this was a mistake. WaMu, the sixth-biggest bank in the country, was systemically important.” I agree with Secretary Paulson’s revised view.
http://hsgac.senate.gov/public/index.cfm?FuseAction=Search.Home&site=hsgac&num=10&filter=0&q=845375f3c7f1
Who gave the order to seize Wamu days prior to the tarp being passed...Paulson??? Sure looks like it........... "
From yahoo message board from mblun2002
PLEASE send this to the financial editors of all newspapers like NY times, WSJ, Reuters, Kristin Grind
Thank you. When will this be brought up in court?
21 April the EC will speak too, won't they?
Is it that bad then?
... should hold their shares."
It doesn't look good. The press is against us, time is running up, ... Try to convince me why people should hold their shares.
The press is the most powerful weapon in a democracy. You should give the press clear information and help them to summarize what has happened until now.
If it is June-July: 2-4dollar/share
If it is December-March2011: 8dollar/share
If it is June-July 2014 or later: 24dollar/share or more
"WAMU wouldn't have fallen if short selling were illegal. I am learning this from new academic research available on the internet (pro-prosperity[dot]com) which claims that short selling is constitutional and should be made illegal.
My understanding of the new academic research is as follows:
Just imagine that you are in the shoes of the top Wall Street bankers like JPM and that you have been short selling securities that others are buying due to credit growth. What would you do? You will use the insured deposits at your command and borrow more from the Fed, as long as you can, to bring down the markets by selling more securities short.
You may eventually run out of insured deposits and Fed loans to continue your highly leveraged short selling. You then eye on asset rich banks like WaMu with sufficiently large deposit bases. Then you do even naked short selling of WaMu stock to confuse the rating agencies to downgrade all WaMu securities. Then WaMu is unable to raise debt and its equity price doctored by you falls further.
Then you tell the regulators that WaMu is facing a crisis, but that you can acquire only WaMu's assets and no liabilities except the insured deposits. The regulators find this suggestion costless to their agencies and give you a green signal to takeover WaMu's assets and deposits. You do not have to cover the short positions on WaMu.
Now you are the winner. Politicians adore you because you can make good political contributions. The academia will plead for you when you throw some crumbs at them. Then you and the academia prove to the world that the crisis was an act of god.
If short selling were illegal, you could not do the game stated above.
The equity holders here are scolding one Wall Street "god" versus the other Regulatory "god." Fighting for equity right is crucial for a capitalist economy, but it does not solve the real problem that leads to loss of hard earned capital in society. Even jailing a few gods, if they are found guilty, will not solve the main problem.
The rightfully aggrieved losers of their hard-earned capitals should concentrate on solving the main problem that causes such losses. The new academic research says that short selling is unconstitutional because it creates more shares than legally outstanding and authorized by a company. (pro-prosperity[dot]com).
This is my humble opinion. I would like to learn what you think. "
Cited by manipulation_decipher on yahoo messageboard
I have a real good feeling that this company is ready to make money. As stated in their 8K filing they have had a hard time, but they're ready to publish, and make more partnerships.
The EC is doing their job. I would prefer them to say nothing at all until 21 April. The less they speak, the less their and our adversaries will know. Dogs that bark, don't bite. The EC doesn't bark, BUT will bite heavily.
A joke from the illuminati maybe.
Anyway we should get some money back as common shareholders.
Ok so +2 dollar/share may be expected for commons?
How much do you think commons will get then?
24 dollars/share is impossible (the you will have a court case for the next 10 years)
Is 2 dollars/share a reasonable value?
Goldman Sachs down, JPM will fear the truth comes out.
That is why I think a settlement is coming soon.