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Got it. Will do. Thanks!
Congrats to those that were able to short this POS yesterday.
So you aren't trading it at all huh?
Goood Mornin' !
I saw that post by SB yesterday.
Think I might throw some money in as I was looking for something to play today.
Hopefully there is a team that is planning on movin' it on up.
Let's see some action!
BTW, I guess Matt already got cuffed and stuffed and is out on bail.
I thought you'd enjoy her music. I don't know how you can't.
She unfortunately passed away a few years ago, but her passion, respect, and love for life lives on in her music.
: ^ )
He's been at JPM since 2006 .
He started at Bank One in 2000.
Bank One Names Dimon CEO
http://articles.latimes.com/2000/mar/28/business/fi-13490
And with our good old accounting practices, they have written down much more in "losses" than they even paid.
WTF ?
Love it!
If they really want war, then they should take any buyout offer and tell JPM to shove it up their @$$.
I wasn't aware of all of the personal tie-ins, but just from a justice standpoint, WMI should continue to go full-steam ahead with the FDIC lawsuit, and they should file a huge-@$$ lawsuit against JPM.
If JD won't pay up big, which I feel he won't do, then WMI should get it over with and go for the throat.
buyout = submission imo
Nice.
Always a pleasure!
Motion for Admission Pro Hac Vice of Trevor J. Welch to Represent Washington Mutual Inc. Noteholders Group
http://www.kccllc.net/documents/0812229/0812229090521000000000001.pdf
Order Granting Relief from the Automatic Stay to Terminate the Naming Rights and Sponsorship Agreement
http://www.kccllc.net/documents/0812229/0812229090521000000000003.pdf
Order Pursuant to Sections 105(a) and 363 of the Bankruptcy Code Authorizing But Not Directing (I) Washington Mutual, Inc. to Exercise Its Ownership Rights Over Certain Insurance Policies, (II) the Distribution of the Policy Proceeds, and (III) the Termination of a Revocable Grantor Trust of Washington Mutual, Inc.
http://www.kccllc.net/documents/0812229/0812229090521000000000002.pdf
sf , what's your take on the recent ongoings and upcoming events?
I don't think the scavenger-investor billionaires that just picked up the banks will be selling them to anybody.
The FDIC is claiming that it will cost them $4.9 billion, not that they sold the bank for $4.9 billion.
"Federal regulators seized Florida's Bank United FSB on Thursday, the biggest bank failure this year and one the Federal Deposit Insurance Corp. estimated will cost its weakened insurance fund $4.9 billion."
You can count on that.
They will claim that the deposits were money that were generated by and belonged to WMB and not WMI , aka a bank asset.
hahaha Yup. You wouldn't think it would be good for business.
Do I dare go to The Question and Answers Board and start asking him questions about it?
Ihub board dedicated to ihub fraud?
http://investorshub.advfn.com/boards/board.aspx?board_id=15452
Here are some documents.
SEC Press Release Dated May 21, 2009 :
http://www.sec.gov/news/press/2009/2009-117.htm
Formal SEC complaint: http://sec.gov/litigation/complaints/2009/comp21053.pdf
Do you really think people need an explanation about preferred shares?
Also, maybe you could give an explanation, or maybe not, as it seems that you are incapable of doing so.
The high-and-mighty GN huh?
A preferred is a preferred, and the divis are the divis. The pps doesn't matter, and JPM wouldn't benefit at all from these trading at 1,000 compared to trading at 100 .
Why do you think JPM would care about the price and why do you think they would benefit from "uphold"ing the price?
Why would they restrict the shares for 6 months?
If they are assumed, JPM won't give a $hit what you do with them. They won't care who is holding them, and it wouldn't benefit anybody by having such a restriction.
Save it pal.
WOW! Up 30 % and it's going to be worth a few pennies in a couple of weeks.
Those that are buying in today and holding will win the bagholder of the year award imo.
Unreal, but damn good call though!
Did you see that move?
Classic NITE.
Bought 4,000 shares while on the bid at 23.60 , and now they immediately turned around to sell them for 23.60 .
imo, they are going to take this thing down.
I'm watching all the trades go through on level 2 and there were tons of bids there. A lot got filled but it looked like it bounced up, but it looks like it's having a tough time breaking through 1.55 .
I think it's gonna fall through 1.50 before EOD.
I'm gonna play it. Hopefully people keep selling off today and I'll get in today and sell it tomorrow if it moves.
Yesterday's gains are gone for those that didn't take them.
How low do you think LEA will go?
From looking at the action, it looks like 1.60 is pretty close to holding.
Ok. Guess not.
Is it going back down to 1.30 ?
You got that right. You can make 5- whatever percent multiple times a day if you hit it right.
I say put in order in at 3.65 -3.70 and you'll be able to make some cash pretty quickly.
I just make sure I can dump in at least 3500-4000 if I am going for a quick in and out.
Well, that's 3 trips for me this week, so I'm done until next week.
I'm hoping for a nice hard pullback later today and tomorrow so I can jump back in on Monday.
Just sold all at 3.85 .
Just bought back into JASO at 3.63 .
I'm just gonna try and make as much as I can as quick as I can.
I'd like to buy it and sell it twice today.
I wouldn't have been able to pull the trigger either. Hope those that were in are out already.
If you want to play GM, then put a GTC order in at .02 and one in at .01 and you will probably get filled after they file.
I have been eyeing up USB and waiting and watching.
Accumulation looks like it is way up.
I see blood comin' today.
Just a guess.
Goood morning !
Yeah I see that. Down 6.5% .
Could be a takedown right after the bell before an upswing?
The judge delayed a ruling on the possible investigation of JPMC under Rule 2004 and no ruling on on anything of too great of signifance that I know of I'll check the kcc site and the WAMU board and find you some good links.
That very well could be, but keep in mind that would be 6 months quicker than the average Delaware bankruptcy, which might not be realistic considering that this bankruptcy is bigger and more complex than most. Who knows ?
$32 billion + atleast some damages imo.
Several months away my friend.
The FDIC will never let the lawsuit get to trial, and I think JPM won't blame anybody but the FDIC. They get their name cleared (or as cleared as it ever could be), the FDIC settles, and then JPM buys out what's left, but all of that will take several months imo.
I would love to see it go to trial and have all of the evil-doers exposed, and if WMI was serious about their allegations, they simply would not settle.