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Thanks for taking the time out of your busy day to tell me that, now maybe you can go post something useful.
Oops, duplicate post, sorry.
People continue to get depressed and worried and sell at any price, PPS goes down on low volume. More people continue to get depressed and worried and sell at any price, PPS goes down again on low volume. LONG = LONG TIME on this one, most people want quick returns so don't have the stomach or brain chemistry to just be patient.
So basically the FDIC is hell-bent on stripping WMI of any and all assets and handing them over to JPM for the measley price they paid without having to compete with any other banks. Wow.
Wish I could bring myself to buy more to average down, but I said that too many times already. So I'll just hang onto what I got, looks like for the long haul.
Better than the .12 average I'm in at...I used to be proud of those 7's I had in the mix...
And just as easily not. Though I hope she does, I hope there is no other political pressure on this case encouraging her to rule with the FDIC. I hope she can remain impartial and see how ludicrous it is that all this money should remain in an interest-free account. I suppose we'll know soon enough.
You know how Johnny Dep just gave the answer "Pirate" as to explain his nature?
"Lawyer" in a robe mean anything?
Man, someone just email me when it hits .14, lol.
So far no one seems to be buying on rumor today...
Sharebuilder has "express funding" where they will do an ACH debit directly from your checking account to fund your trades, immediately, no hold or waiting period. Takes about 2 days to for their debit to clear your bank. Costs $5.00 in addition to trade fee, in some cases cheaper than a wire. Does give you a day or so to get money transferred from savings, money market, etc.
Now I bet appraisers would be hesitate to give you a bona-fide value, preferring to going the opposite way.
That was published a year ago or so, nothing new.
You'll learn to ignore him soon enough, always a doomsayer.
Well, the unsigned motion wasn't the only thing in the news. JPM also basically agreed to give it back:
http://biz.yahoo.com/rb/081015/business_us_jpmorgan_wamu.html?.v=2
So I'm not really sure how much of a push or shove in either direction the approval of the motion will cause. Not like JPM is fighting them for it.
Maybe they will, not something they'd likely publish tho.. ;)
I guess the FDIC being at at fault never crossed anyone's mind, nothing like have the fox as the lead on the hen-house burglary investigation..
Is that Hell, Norway?
I loaded the boat at .07 too, then got a bigger boat and took on more at .14 and .15, lol, so got a ways to go to get to average.
Shake n bake, was hoping we'd hold at .10.
Glad this is finally doing something positive, because I'm getting killed with AIG, lol.
Oh, you could rest assure that the government would step in to keep THAT from happening!! Collusion of the highest degree IMO
I almost wonder if the last part of the DJ article didn't kill it for today, where the creditor's lawyers said that they didn't see much left in the holding company but the $4.4B
The $5B number was only an estimate
Interest, man, interest!!!! Look how much money they are losing every day that money stays in a no-interest account!
LOL, get 'em Monkish...
Right now it's in an interest-free account and not earning squat, so let's hope the judge signs the motion so they can start earning interest on it on the 20th.
Hearing to get control of the $5B that they have on deposit with JPM.
Stocks set for lower open as JPM profits skid
http://biz.yahoo.com/ap/081015/wall_street.html
These guys can't help but screw up everything. I'm sure none of the execs took a pay cut.
Guess Sharebuilder isn't the only one reporting the same close at 4pm, maybe someone can link to something that shows the .099
Sharebuilder showing .0976 as final at 4pm.
News, brother, news...that's the diff right now.
The disgruntleds usually never have good things to say.
Interesting
I'm pretty sure I wouldn't be worried about WAMUQ or the stock market in general if I made that kind of payola.
Wow, went to lunch and it went up, looks like it does better when I'm not watching it so closely, lol.
Yes, moving like a snail with crutches. Couldn't get it to load thru sharebuilder.com, went thru my ingdirect.com access, took forever to get into Sharebuilder. About 2 minutes to flip to each screen
What was the official close?
Jokes man jokes