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$4.4B PLUS $2B(TAX CREDITS), $6.6B DIVIDED 1.7B(shareholders) IS a minimum of $3.76. (Holding company just a perk) This is my asking price. IMO
I was thinking more on the lines of raising money/capital for expected buyouts personally, IMO of course.
JPM down considerably today and AH trading pretty big, almost 1M shares,any thoughts here? (almost $10 down in a weeks time)
Thanks Traderdon, "green"pea here.
IF a buyout, how do we get paid as shareholders? Do we just get a check, do we still have to sell, does price just go up to the agreed share price, do we get new shares assigned to us by whomever/whatever buys us out? Holding 45k tightly.
deleted? Sorry Mods.... off topic?
JPM doesn't have the $$$$, they are stalling!!
Maybe CONSENSUAL this time, because as Charlie Rich says...
And when we get behind closed doors
Then she lets her hair hang down
And she makes me glad that I'm a man
Oh, no-one knows what goes on behind closed doors...this weekend could be a winner we hope!
IF NATIONAL CITY CORP CAN GET $2.23 A SHARE.....I wonder what we are worth???? http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=WAMUQ%3AUS&sid=ahNuxYtmkOEQ
OOPS, weekend leak... we could open crazy high MONDAY, you better get in before 48 hr break, IMO
WEKEND LEAK,
any thoughts on this post..?WAMUQ
WASHINGTON MUTUAL INC
Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 10.07.2008 (16) days ago, when the stock price was 0.1350. Since then WAMUQ has fallen -46.67% .
BUY-IF is confirmed by a white candlestick with a lower open and a higher close. The buying price is the previous close ( 0.0690 ) according to the Rules of Confirmation.
The recent bullish formation leading to the BUY-IF signal is confirmed today. The market is ready for a new bullish move. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion.
We hope that you acted quickly and already bought this stock . Your important benchmark was the previous close. You were supposed to watch the session carefully, feel its bullish tendency despite the lower opening, and go long after making sure that the prices stay over the previous close.
If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on safe grounds as long as the future prices continue to trade above the benchmark price. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well, it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any.
Data provided by: End of Day Data
BUY
CONFIRMED
0.0720
+0.0030 +4.35%
Candlestick Analysis
Today’s Candlestick Patterns:
White Spinning Top
Today a White Spinning Top was formed. This represents complete indecision between the bulls and the bears.
For more about this candlestick click here.
Stock Quote
Day's Close 0.0720
Previous Close 0.0690
Previous Open 0.0540
Change +0.0030
% Change +4.35%
Volume 39,595,050
Stock Activity
Day's Open 0.0640
Day's High 0.0775
Day's Low 0.0630
20-Day Close M.A. 0.0981
50-Day Close M.A. 2.1190
65-Day Volume M.A. 133,696,217
Hearing moved up to 2:00 P.M. on Monday! g'nite
http://www.kccllc.net/documents/0812229/0812229081023000000000006.pdf
Yeah!...Better-than-expected results from an auction of credit default swaps on the debt of the now-failed Washington Mutual. The results mean that companies that had agreed to pay off WaMu debt in the event of defaults won't have to pay as much as expected.http://articles.moneycentral.msn.com/Investing/Dispatch/market-dispatches-102308.aspx
Well at least one letter made it to the JUDGE,...10/21/08 http://www.kccllc.net/documents/0812229/0812229081021000000000008.pdf
MAY HAVE BEEN PAOSTED ALREADY, JPM down -1.63, ahh...http://www.reuters.com/article/marketsNews/idINN2237606520081022?rpc=44
reason for SELLOFF?...WAMUQ: Files Motion to LIMIT TAKEOVER!!! http://investorshub.advfn.com/boards/rea...
HE did say buy American last week, was he warning us? Who knows!
Let's see... can we put a value on 4.4b, oh let's say divided by 1.7b shares.... $2.58 face value, the rest of the leftovers free? THERE is value in $4.4B alone and the FDIC is not going to get it! (AND yes, there are more assets)IMO, go LONG or GO home.
ANY attornies here, if we file a petition to come back out of BK, can we get the $$$ away from the FDIC, then would they still be in control? Would they not be removed as our "receiver"? I can not believe these chain of events.
COMMENTS PLEASE?!, field #3 of report WM(ticker symbol) IS THIS not interesting??????????????
It would be nice to have the interest on this, and how convenient that JPM would not have to raise this/our money for now!imo
This is my first play ever, I make good money and close large deals everyday at work. However, this has made me crazy since they filed BK and I bought in!! THEY haven't shook me yet, go "long" and they will throw it to you!! imo
OUR ATTORNEYS are smarter tham you think, WE objected to the withdraw? LINK please did we object to the chpt 11 withdraw or the money, either way our attorneys are polished.
Has anyone, EVER, in the pinks or "Q's" been told in history, here you can have back $4.4 B to help while in chpt 11? I mean really. Thoughts?
MONK, new at this, completely!! What exactly does #27509 mean to us?
CIT up $1.10(37%)hmmmmmmmmmmm
THE MONSTER, ITS BROKER & HARLOT, quite a reading...JPMorgan Responsible for the Destruction of U.S. Financial System ...http://www.marketoracle.co.uk/Article6826.html
I believe now that the INVESTIGATION is underway, they will play much nicer together, any opinions?
70% of $8 on the high side($5.60) would not even be conservative the way the markets have adjusted since the $8 offer, imo. We'll see, SOOOOOOON!!!
WAMUQ, stand up! HAULT the "WHIPSAW", FUNNY, kinda sounded like a song.
I'm sorry, it can go up as fast as it went down, imo,
Monk is probably in bed, but i thought this was a good read?!http://finance.google.com/group/google.finance.665639/browse_thread/t... g'night.
just rolled all my FNM in here, keep the faith!!
Hault would eliminate WHIPSAW effect, correct??
Why would this not react like WB? Maybe this is the 9th bank the Government is waiting on?
70 cents are you kidding me, are WE not LONGS here!! this is great news and we could be holding a BANK stock here!! possibilties, WAMU can come out of BK protection and take advantage of bailout dollars, any replies?
Curious why we are talking and not buying? 25k shares long here.