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Oh. I thought the discussion was relevant to ihub and it's alleged stock fraud scheme.
And do I hear you correctly that because this particular thread is not about a specific stock that the mods can use PA's and vulgarity with impunity?
Would you not agree the reason you wanted to make this a premium board was to selectively eliminate posters who have been affected by the alleged fraud committed by ihub?
Here have some more rope pal....
You mean to tell me no one buys or sells stocks based on what is posted on a stock discussion board?
What is the purpose of a stock investment discussion board as a source of investment information then, if not to discuss various stocks and their potential investment quality in order to make an informed decision?
And how did this particular thread come about if it were not for people being mislead by ihub and losing money?
I was told by admin that calling someone a basher was a personal attack and not allowed.
Why do your PA's and vulgarity remain even after being requested to be removed?
..."as long as the "bashers" like yourself"
..."IMO, you are probably one of the most obnoxious bashers on Ihub."
Baloney.
..."You (and all the rest of us) are allowed to post here at management's pleasure"
Thanks for the supporting link in reference to public or private.
ihub is indeed a public forum and the information that is posted by the public can not be manipulated by ihub or it's agents as it is routinely done here.
ihub is going down, it's just a matter of when the FBI has collected enough evidence in connection with the SEC charges in the Eight in Stock Manipulation Ring to bring charges against all the ihub perpetrators.
Sorry, wrong again.
If ihub's communications between members were "private" they would not be publicly posted in a chat room, they would be concealed from the public and only those who paid could view them.
Wrong again.
You do not need a paid subscription to post here. At least I haven't paid anything to post here nor do I plan on paying and as you can see, I'm posting here.
Think in terms of a "private" golf course vs a "public" golf course. Try walking onto a "private" course and hacking around and see how long you are allowed to stay.
I rest my case.
And please stop with the vulgarity and personal attacks and delete the offending posts.
Thank you and have a nice day.
I beg your pardon. .."you are dead assed wrong"
Show me where it says ihub is a private forum.
The fact that ihub was created as a place for the public to discuss " Securities" and make investment decisions that are based on content of the board involve ihub in a different venue and different set of rules then a chat room to discuss home and gardens for instance.
ihub is not Matts or yours or anyone else's private playground where Matt or you can censor or otherwise edit posted information.
The TOU's, thus the content of information here, are enforced purely in a subjective manner based only on ihubs or it's agents personal opinions.
Consequently, because investments in securities are often based on information gathered here, you or anyone else can not be allowed to use your own personal subjective opinions to manipulate the information that the public is allowed to see when making their investment decisions.
If you don't believe me, ask Matt. And if he still doesn't understand that manipulation of information where decisions are made regarding investments in securities...well I guess he will have plenty of time to figure it out.
You're missing the point. ihub is a "public" forum where investment decisions are made and Matt personally controlled what information was allowed to be viewed by the public. He in fact manipulated the flow of information people used to make their investment decisions with. The TOU's are applied in a subjective manner based on his personal opinion. I personally know posters who tried to discuss the reasons he used to either delete or ban posters. Matt would either not respond or ridicule the poster in much the same manner as you are by telling people to go somewhere else if they don't like it.
Remember this is not Matt's or your or any other mod's forum, it is a public forum.
Yarp. em.
Makes perfect sense to me. I mean after all,
the perps have been ID'd and WMI has the best lawyers in the world on the case.
You never know what news is going to surface and when so in this case, being this is not truly a pink, I would not want to be out over the weekend for sure!
Watch for an EOD run.
LOL Exactly!
Keeping in mind, this is not a pink sheet stock by design. This was a sanctioned robbery that caused WMI to become delisted.
:) Too much going for WMI to not be in.
Let me see if I got this right.
Those geniuses that sold and bashed have to pay more now to get back in. Is that how it works? lol.
That's what I thought.
It would seem the trustee should order a NOBO list and request a new cusip number.
can you imagine what would happen to the pps if all shorts were forced to cover the old cusip numbered shares before new cusip number shares would be issued? Then toss in some good news like the discovery and 4.4B going to WMI.....hmmmm.
US trustees should do EVERYTHING in their power to obtain maximum value for creditors/shareholders... BUT, we are apparently witnessing yet another area where our government is failing its duties... unfortunately.
The US Trustee should be at the very least issuing PR's providing situational updates to investors... imo
But it seems they just collect their fees for marginal service rendered...
Predicting which way a pink stock will move tomorrow is akin to predicting which way a squirrel will run tomorrow. there is no connect. A lucky guess at best.
That's what I thought. Should not the trustee be overseeing the stock?
"As a part of the BK proceedings...why wouldn't this manipulation be admissible? It clearly shows control over PPS which was seen in Sept till now....
Again. Bang on Jestiron.
Exactly Jestiron, one word. Historical.
In the meantime, a few here are still bashing to buy.
"..I only hope that everyone remembers that these decisions that the Judge must make now have more weight than we are used to (relative to scams). And with FAR FAR more at stake for the country and for legal precedent (again, relative to scams). Many people who want decisions made NOW aren't considering all of the OTHER consequences in play. I'm sure there is far more at risk than we know,...(allowed to know)"
Sounds like a few here are trying to load up?
Thank you cents2ks.
Lvl II anyone?
Maybe someone was so anxious to cover their short position that when the pps came down they fat fingered it lol.
Not to worry. WMI is rock solid.
Hint: when MM's work as hard as they have to bury the pps, you can bet we are getting very close to T minus zero.
I smell money.
FYI only. Inside Iron Mountain: where WMI records are stored.
My apologies If this has already been posted, I just thought it was interesting.
Seems the MM's want this down bad.
Previously they have been dropping bid and stalling the ask with 4th place increments while they slowly cover.
Today they are dropping the bid on 3rd place increments, 2 on 3 at a time. The cover must be coming on in earnest?
Make 'em sweat, keep hitting them with small orders at ask lol.
Wasn't WMI excluded from the "no short" list as well?
And in fact wasn't the omission of WMI from the no short list the same as putting a nice big fat target on their back?
Hmmmm....anyone know why they were left on the "short this stock" list?
Exactly. They threw a tantrum.
Walrath, showing resolve will say something to the effect: "there there johnny now go back and play nice"
Who knows. I don't think JPM's council has any chance of the Judge backing up here. I'm sure the Judge is aware that the "gravy" comment which seems to be the underlying ire for JPM, was a misquote or otherwise taken out of context.
I think the JPM boys are still smarting from being spanked and are just retaliating with a little tit for tat.
The Judges order will stand.
Pass the gravy please.
Whoever is responsible for a company's securities would normally be the one to request an investigation. Usually in pink sheets it would be the CEO. With BK stocks I don't know who accounts for the stock? Would it be the trustee? If So, it would take a request from that person to the ISG to request a Blue Sheet Audit. A Blue Sheet Audit is designed to compare the sequence of transactions on the "tape" with Broker Dealer/MM actual sales records in order to flush out order manipulation.
http://www.isgportal.org/isgportal/public/home.htm
lol well at least the MM's haven't been able to take it below the open today.
So in other words, they got caught.
Agreed desperado90.
Everything is on the line for a lot of players and it don't look pretty for them so I agree that there will be a scramble to settle beforehand. Throw in a short squeeze for good measure and a dash of media coverage and we are on our way.
By the looks of the spread, it appears the MM's want to discourage retail accumulation.
I think I'll chance it and buy some more.
Through discovery the Court has allowed WMI to pull the curtains back on JPM's last act.
IMO, If there has in fact been media suppression here, then it should soon give way to the presses because discovery will reveal the actual smoking gun(s) involved.
Hey reader thanks for the shout out but we all owe you for your more DD detailed posts :)
And good eye regarding the pps. Since Pink Sheets is not a regulated exchange, (in fact Pink Sheets is not an exchange at all) we can only hope that miscreant MM's and their customers (hedges) are eventually eliminated from the transaction process. Software instead of human involvement would indeed put an end to the greed and the associated urge to steal someone else's money when one is counting or otherwise handling it for them. In the meantime, I'd still like to see an audit of the share count to bring any FTDs up to date and to eliminate NSS. The actual market cap would prolly go up with an accurate accounting lol. MM's that bend the rules on NSS FTD limits love pink sheet co's with billions of shares out because it's easy for them to counterfeit a few hundred million extra shares and no one notices.
With no one watching the MM's and the huge money being made simply by shuffling shares in a volatile market the MM's too have become lazy, loose and cavalier same as JPM and Bernie Madoff did. MM greed and laziness as with the JPM's and the Madoff's of the world, is what will eventually bring the MM's down as well.
Just my 2 cents as I check the couch cushions for more investment capital in WMI stock.
Good evening and see you back tomorrow.
GT
I think the waiting game for the pps to go up is over here.
Anyone ever hear the term "given them enough rope and they'll hang them selves". Well guess what?...... JPM done hung themselves good.
During JPM's growth cycle, they became increasingly more cavalier in how they do business they started taking more and more rope. It was easy for them so they became lazy. Laziness leads to shortcuts. JPM became brazen, even loose in their WaMu/WMI dealings and it turned out to be a fiasco for them. Now it's a matter of finger pointing back stepping and damage control for JPM and the FDIC.
For WMI et al, there is only one way to go from here: up.
AIMHO
By allowing discovery the court has blessed WMI to move ahead with it's case at the same time, it takes any remaining wind out of JPM's sail. Any appeal will be denied if Judge Walrath has anything to say about it. The 4.4b is in the bank. The caravan moves on and the dogs bark. (lol) Page 17 says why an appeal is futile. http://members.cox.net/raggztwitches/2004Opinion.pdf
And like any Federal Judge or sitting President for that matter, they see themselves seated amongst those in history's books. We reward the noteworthy ones by christening an aircraft carrier after them or a library and so on but at any rate, it's a big deal to cast decisions in concrete for all to see. Forever. Accordingly IMO, Judge Mary walrath will write accurately for the history books.