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Hella marayatano,
thanks a lot for your honest answer.
regards looe
Hello marayatano,
a question from an old german : is wahuq at about 2,8-3,0 $ a buy or not ? I don`t know, what the situation is right now.
For your information: 2.5 years ago a bought about 7000 H´s for about 1,60 $ and sold them between 24-25 $. Is it worth buying at this price again or have chances changed so dramatically ?
BTW: I`m holding P´s and K`s too, which I have not sold so far (which was a mistake !)looking backwards.
regards from Germany --Looe
within a few decades it will come to the western world.
This won`t last decades, maybe a few years, if not months
GLTY Looe
She is going to do her best to push the parties to settlement so she doesn't have to rule imho. We are near the end”
That is exactly my opinion, too.
GLTA -- Looe
and will peak in 5-7 as I said mark these words.
Okay, I`will do so. But I don`t sell under 10 $
@ avichi:
Thanks for the link.
GLTY Erik
I have 50k shares at an avg. 0f .072
I`ve got the same amount, same price and same hopes. :)
GLTY from Germany Erik
Hi avichi,
from your link:
Also noted in the Borchardt article, Geology.com estimates that the "volume of natural gas in the Marcellus Shale" would be enough to supply the entire United States for about two years and have a wellhead value of about one trillion dollars." e.o.m.
If we assume 10 % profit from the inground value,how much could that be per share ?
Regards from Germany - Erik
LET NOBODY COME BACK ALIVE!!!!!
Hallo Viva,
Exactly : We shall fight like the Alamos LOL :)
GLTY Erik
we shall never surrender!"
Hi Chiron,
wonderfull post. May I continue:
"We shall fight till the unconditional surrender of JPM and FDIC"
Regards from Germany -- Erik
Hi NG,
I`m new here too, since 1 week. Could you (or anybody else) tell me, how many stocks are issued ?
Regards from Germany Erik
Hi C1K,
thx for your reply, I´m sure , there `ll be some mint für us.
BTW there is also a german board about "Mesaq" on wallstreet-online, but not very informative. It would`nt make sense, to copy and paste the old messages from there into this board.
GLTY Looe
Hi C1K,
I came to this board through "got Parlay" , which I followed from the very first day or posting. Any idea how far this stock can go on the long run, after succesfully finishing the bk-procedure and beeing back to normal business, I mean ?
BTW I`m in at 0,048 with about 200 K.
Thanks in advance and GLTY from Wiesbaden (Germany)
No one else in the world cares about WAMU like we do.
Yes, we can sorry, we care !! LOL
regards from Germany Looe
Now Stuttgart = 0,053, +65,6%, 7.17 Mill. stocks
Franfurt = 0.053, +65,6%, 1.60 Mill. stocks
better buy Stuttgart
regards from Germany -- Looe
Just a question: what is MOR standing for?
I m a German investor and do not understand all abbreviations.
Sorry to ask
Thank you in advance - Looe
Maybe WMI has to bailout the FDIC ? LOL
I am registered, too. Probably the only german
GLTA-- Looe
"But the investigative reporter appears to be a thing of the past"
Hello Was
How about Jim Willie C.B from www.goldenjackass.com ?
He seems to be one of the most critical authors in the US, who is writing quite regularly about the financial situation of America, corruption, crooks in banking and politics etc.
Many of his articles are translated to German and published at www.goldseiten.de - a German website for goldinvestors.
Couldn`t this be a story for him ?
regards - Looe
Hallo jackson,
thanks from a german investor. You are a great fighter, youse :) must have been with the marines haven`t you ?
regards and good luck Looe
Sorry to ask you: Who or what is "eeso" ?
Regards from Germany --Looe
So did I - Thank you too.
Just registered 210.000 commons and a few prefs.
regards from Germany --Looe
about J.Dimon: give a man too much rope and he `ll hang himself.
Cheers from Germany--Looe
good idea, I`ll do the same -LOL
Me too, I grabbed another 20 K at o,18
Cheers--Looe
Yes, you did read that right. The guy wrote, that most of the Nols are claimed by JPM (he didn`t say: belong to JPM!) and only about 20 % are going to WMI. Can that be possible ?
Anybody here with a good answer ?
Cheers from Germany -Looe
You are right. There is not much left in Switzerland, which is valuable. The biggest bank-the "U B S" is now called "United bandits of Switzland". They lost about 40 or 50 B. $ last year, still paying 11 B. boni to their managers-LOL- They must have learned that from wallstreet, I suppose. 2007 was not much better.Switzerland has lost it`s reputation, of beeing a safe place for investments.
Anyway, the people on mainstreet are getting more and more furios, I have seen photos, where they attacked the offices and buildings with paint and sprayers, unusual for swiss people.
Back to the gold-situation: the country used to have about 2200 tons of gold, which is a lot for a small country like Switzerland (about 5/6 mill. people) . But 6-8 years ago,the goverment decided to sell/reduce it gradually (probably under US-pressure , they were blamed to have all the nazi-gold etc.) Now there won`t be more left than 200 or max. 300 tons.
It`s similiar like in England : they sold most of their gold 2001 at 255 $/ounce (it was Brown, as secretary of finance) because they wanted to earn more interest on it. :)probably having it invested with Lehman-brothers or maybe even Madock. -LOL- Now the money has gone and the gold as well, only 300 t. left. Nevertheless, to make a bad thing worse, the english people promoted this moron to become Prime-ministre - unbelievable !! 6 days ago, the ministre of economic in England , Lord Mandelson, made a remarkable statement:
“The banks are fucked, we’re fucked, the country’s fucked!”
That is the original quotation from the "Guardian", an english newspaper. Quite unusual for a Lord - LOL. In other words: GB is bust !! But not only GB. The list is getting longer, almost every week: Iceland is bust, Ireland, Spain, Portugal, Hungaria, Greece, Ukraina, Rumania, Bulgaria, Estland, Lettland Litauen are at least 60 to 70 & bust.
On the frontpage of our german magazin "SPIEGEL" -similiar like Times magazin, this week they had the question: "When is actually the country(Germany) bust ?" --Yeah, we are seeing interesting times ahead of us. I`m an old man- built 1941- and I can still remember the stories, my parents told me about the WEIMAR-Inflation, still having a few Billions at home-from this time as a memory, that`s why I´was consequently buying gold and silver since 2001 physically . Apart from that I bougt call-options on gold in January 2007, which expire 05/2010, and I have some junior mining stocks in my portfolio. For me the best hedge against a hyper-inflation.
GLTY -- Looe
Hello ViVa,
I`m a german reader but I´m following this board since 3 months, almost every single posting, because I`m invested in wamu and all pref. stocks. (H-P and K). My advice : Buy physical gold and silver: US-Eagle or Maple leaf. Papermony in extremis will not be accepted by anyone, gold by everyone (Alan Greenspan). So, buy physically, no paper gold or silver, they will cheat you on this. If you own land, its okay. Keep it. If you look for a foreign currency: don`t take Swiss-Franc ! There is almost no gold left in Switzerland, all sold on the market in recent years, to oppress the price of gold and support the Dollar. Don`t take the Euro, that P.of Sh. will disappear pretty soon . Take the canadian Dollar: at least it is backed with a lot of gold and silver in the ground , plus energy.Papermony will be worthless, sooner or later.That´s why they can "produce" billions or even trillions of Dollars (or Euros) almost every day. Don`t forget that.
GLTYA-- Looe
No, you are right, it`s probably not possible. But what about the lawyers ? Couldn`t they buy some of the preferreds, let`s say, the wamk`s ? For about 2,4 M. $ they could buy the whole lot theoretically. For a rich lawyer-company this should not be a problem, I believe. Obviously, they are not buying. Are they not allowed ? Or are they in doubt to win the case ?
regards Erik
From a german reader :
according to a notice (link) a few days ago, the conversionrate between wamu and wamp is about 47.1 : 1. It was probably fixed at a time, when Wamu was about 21 $ and the Wamp about 1000 $ .
regards Looe
I do not doubt that the Nols have some worth. But Wamu, at this moment, is a nonviable company. All the assets of a nonviable company must be reduced, starting with real estate-if there is any - ending with Nols. A german company normally pays 30-35 % tax. Why should they pay 35 % for Nols of another company ? Where is the profit? If they do so, they don`t pay more than 15-20 % at the maximum. I think it`s pretty similiar in America. Apart from that, there are many Nols coming on the market, now and in the future, e.d. prices will go down ! Nevertheless, I am a shareholder of Wamu, as well as of Wamp and Wahu and I belief in the story.
regards Looe
From a german reader :
That`s a good question, you have been asking about the Nols. What are they really worth ? In Germany a foreward carried Tax-loss from another company - bankrupt or not- is worth about 15 - 20 % on the market. You can only use it, when your company is in the same business and making profit (of course)
regards Looe