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It does make me go hmmmm. like wondering if the holding company still exists, with a building, phone number, etc.
plus if FDIC lost money with the deal how can there be any money left over to pay stocks?
ON thing is predictable, for a while it was a hot stock to trade then the rest of the stock market started rallying and all traders went somewhere else.
now that the market has cooled off considerably they are back to this. but still im not sure where this will go.
why are people buying idmcq?
does anyone have a contact number for the holding co?
i hold idmpq and wonder if there is any chance this company will not wipe off the stocks.
CONGRADULATIONS TO EVERYONE! unfortunately for me my dad sold his 1000 shares around $5 last month after holding it for roughly 5 months. now we are just watching yall make $$$$
wish i could be there with yall, but i wonder where do you think this stock will end up?
What's the update on this stock, ive been away for a while?
thanks
I'm also wondering what's going on. Should i add shares, hold, or sell?
?????
Didn't JPM & GS sell their shares of WAMPQ?
i read somewhere that they did. unless they have since bought them back.
Saw several 100,000+ share orders on WAHUQ.
wow
how do they maintain a low ask without having to sell shares?
the only way i can think they could do it is to put a Huge amount of shares for sale with All or nothing at a low ask, that way no one is likely going to be able to buy it.
0 volume today? whats up with that?
INSYNQ hasnt had a good album in awhile, i dunno if i'd invest in them.
Huge buying at .075
Dont the NOL's go with the common shares as in if they want the NOL's they must buy and keep the common shares?
Ok so commons are uncertain but how about preferreds?
It probably means if the bid or ask is moving up or down. if you see pluses it means the stock will probably end up moving up.
can someone post L2 on IDMPQ
Who offers Level 2 on pink sheet stocks?
i have scottrade Elite and it doesnt have it.
L2 for IDMPQ not IDMCQ please...
L2 please...
post Level 2 on IDMPQ please....
thanks
Where can we get L2 on idmcq and idmpq?
OOOOOHHH YEEAAAAH!!!!
TIME TO TAKE OFF! NICE FIND MAN.
Does scottrade elite show l2 on pink sheet stocks? mine doesnt.
Dont listen to Dragon, he is very ill informed and confused as far as this stock is concerned.
The whole point of people investing in this stock is that the commons and preferred shares have a good chance of being paid in the case of this buyout.
The risk now is how the current negotiations will affect the original deal. Still preferreds are a safer play than commons but commons do have a higher potential return at this point.
Dragon, you made it seem like there was no point to even consider this stock, Im not saying anyone should or shouldnt get into this but there is definately a chance to make money here.
What is everyone's guess on how much would be paid to preferred and commons if anything?
Well its a big leap to say that the deal failed from reading that news.
To me it doesnt change too much, it just means that IndyMac and the new investors will have to buy back some risky mortgages but the deal as a whole still looks good.
You are trying to mislead people.
Deal did not fail!
Is the market open tomorrow?
How much are preferred estimated to receive with a buyout?
You must not have done any reading if you believed the 32 billion. The 32 billion included things like shares in wamu bank, which are obviously worthless now, so anyone who read the basic info would have know that the assets were no where near 32 billion
but i think we are still in fair shape, from what ive been reading.
but if you are investing do your own research
Why is our chart 5 minutes behind?
What is the long term value of wampq, if it is only going to be converted to say 115 common shares then what is its long term value
why are you still using 32bil
that includes stocks in wm which is obviously worth little now
I got in at $7.90, i have a knack for finding the peak of a stock price.
but im still confident this stock price has nothing to do with what will eventually happen.
thanks, good info
Thanks for clearing that up. Do you or anyone know if in the case of any of these scenarios that only owners of the stock at the time of the BK would get paid?
I would think that the company would want to award them and not people who entered after the BK.
WAMPQ face value = $1000? why does everyone say this when the last time this stock was worth $1000 was over a year ago.
as of september it was around $250, isnt that what we should expect in a buyout or liquidation?
Its hard to compare wamuq to other BK's like K-mart because they went into BK because they really had a buisness problem.
wamu's situation is much more complex and their final position can really go either way. I'm gonna hold on to my shares but if i had more money to invest i'd place some in preferred stock as well.