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So when does the "going to $8" crowd expect that to happen?
You protect the long position...never paying much attention to what could happen on the other side....Balanced? hardly.
Class action? LOL Yeah that will filter to nothing by the time it reached common holers.
Still full of $8 dreams?
Believe what you want...$8 is dreaming...let alone the crazy $12 prediction
Experience in these situations as an investor
Offered $8 then..different story now
I dont see $8 per share for common holders...these numbers thrown around here are ridiculous.
John...truly it will be a "lucky" moment for the common stockholders to get anything.
Ok...I'm sure we will be discussing the final outcome here.
jackson..you are assuming waaay to many things here. Like a $30 billion settlement. I think that is a crazy number personally. But then again who knows...just a gut feeling like all posts on this BB.
respectfully,
Jim
THEY LISTED MORE THAN $8 BILLION IN DEBT AT THE TIME
Ok here is my sentiment...You can laugh at me later or commend me. there will be a settlement. I believe however by the time the monies get distributed there will be nothing for common holders.......
Jim
Waay to high but that's my opinion....if you are talking about commons.
Support? On the comon side?
Who cares about what I know...this company has been talked to death...and where are we...where is it going...that's the question.
You mean bought at .03? Right?
Great post and right on...No one knows that common wont be cancelled.
Bair is raising the power of the FDIC..be grateful if commons see anything from this....
ok thanks
Dont be smart...
Whether they entered into BK because they couldnt pay creditors or because they were stolen..there is a difference?
They are BK.
And you believe that will trickle down to common holders?
Case law and accounting are far weaker than the government. You do realize it is the government we are talking about? The one's that forced CEO's out of company's...took Chrysler into BK... reverse split GM...? Still with me?
Fair enough..I will
So you feel that WAMU as a bank entity will be fully absorbed
by JPM...Whats done is done and the possibility of JPM stock swap for WAMUQ holders is questionable?
I suggest you read every one of the Penny Traders' posts. You could learn something.
Well i finally found a poster i can agree with. I have been saying all along that the government will make it difficult to recover anything.
So you have read the posters that feel WAMU will return to its pre seizure state and common will go for more than $8. I take it you do not buy into that theory.
Oh dont say that everyone here thinks it is going to $5 overnight
Ok...Will watch and see what happens.
The future value could be separate from any common participation. They will not necessarily relate. Yes, could be WAMU receives some money or concession, is still ed swallowed by JPM and the WAMU common is worthless.
All I'm saying is be mindful of that event occuring and do not throw everything you have at this.
Ok..I'm still sitting on the cautious side...refusing to join the shouts of "big things coming"...
So when it drops it's "MM's playing with your shares"?
Dont believe that.
Ok...good luck to ya.
no. 1
You will be hard pressed to see the common come out with anything...this is the GOVERNMENT we are talking about.
Well...that was alot of writing but you are crazy to think we (the common) will get 1 for 3 of JPM shares.
Well you have alot of faith that the common will not only be saved but will thrive. I hope you are right. I don't see it being that easy...
Wow you are the board pumper for sure.
Anything is possible but the hype posters here dont want to believe that