waiting for $20 for commons
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Appeal, Delay, appeal and delay some more
Then finally throw us some crumbs after 5,6 years and see bow grateful we are as we scurry to accept the $1 offer as settlement..
They have and will continue to hold the upper hand...
Sussman lmao
3-5 years more is a very reasonable settlement timetable
No one at JPMC etc have any reason or pressure placed upon them to reach a speedy deal. Especially when the BK judge said 'fair and reasonable'
If you believe commons will see a recovery it's just more time to accumulate more shares at low low prices..
Good Luck
Which year???
News Soon IMHO
No Volume me think something's up..
Yes... And if....
Once again it looks so crystal clear doesn't it?
But once again things have to be PROVED
You guys think these attorneys are just stupid!!!
Rosen has covered his tracks as have all the others..
Knowing it may be true is years from proving it's true....
When there is 100% solid evidence that certain high ups are going to jail then this case will crumble and we"ll all be rich... They'll turn on each other like wolves to save their freedom..
Until that happens we are still deep in the wilderness and lost... IMHO
The problem is that they are close and no money for commons!
The article makes it clear that the parties are negotiating and are not too far short from each other.
Nowhere does the article state that commons will see a settlement.
Nowhere does it say we'll receive a dime...
This was a fabulous and detailed impartial assessment of our BK..
Sorry guys and girls but I think no matter how I want to believe we'll see a dollar or two, the fact is we're not...
This will be resolved in BK court, we will see nothing and then Sussman will go to court and do what he's known for... HOWEVER
That will take another 5-10 years to litigate with no guarantee of success IMHO
Really great post from so many angles
Thanks for keeping it real, laying out the facts and also having a good grip on reality rather than these ridiculous claims and numbers being thrown out.
We're lucky to survive and will be grateful for a dollar or two to.build on imho
Quote... From Michael Bloomberg...
'Jamie Dimon one of the greatest bankers of all time'
Posters here think JD is going down along with his bank? Lmao
The problem Sussman has is this is a political fight not a financial one. I truly believe Rosens strings and others are being pulled from the White House and Congress.
The take down of WAMU came from political sources and pressure.
The solution will have to protect those responsible and keep them from jail.
Any payment is merely cover of the wrongdoing at the highest levels of power IMO
JD is soooooo well connected politically...
Sussman is not..
We'll be here for years yet folks...
Don't get too excited folks...
This could drag out fir years still before us common folk see a dime..
I hope not but this is WAMU BK remember... Nothing appears as it seems...
I support the 1%......
I want to be one of them one day... And so does everyone on this board otherwise why u doing this?? To be poor??
It's just BS...
Everyone should strike for good health wealth and happiness..
Where does wanting to be ordinary fit into the American dream and spirit that built this country?
I would soooooooo like to believe you're right...
But everytime we think we're close to the end more crappola comes our way...
Aaaaaaaaaah oh to wake up one morning and know that DG was a genius after all...
Was that 0.50 speculation by the end of the week a misprint??
Maybe you meant 5 cents!!!
Tbe joke is still on us folks!
The debacle continues...
Week after week, month after month, year after year...
As long as we get somthing after all these years I'll be content.
I'm just not sure pre seizure holders are going to see their losses returned which disgusts me.
How people can do this to another person and think it's okay, is beyond me.
Chasing the almighty dollar, not caring what you do or who gets hurt . For what?
Seriously a bigger house, more cars...
Just steal someones retirement.. How does JD live with himself? How does Rosen feel this is okay?
Oh how I wish the judge would rule for us in such a way it shakes the very foundation of JPMC.
3 x value plus more Please... Oh how nice to see them squirm for a change and see their world turned upside down as it was for so many WAMU shareholders..
I can only dream .
So what's the next week or two gonna bring folks???
Are we long common holders getting out our shredders or are we going down to the ferrari dealership with loads of cash???
Large Green
Great post....
People here are living a fantasy believing that the powerful (including this judge) are concerned that some 'common' shareholders would gain or for many regain money...
Come on, this judge is a simple human being who just isn't going to rule against the ruling classes and destroy her future.
The richer get richer.. The powerful get more powerful..
I don't care about people becoming wealthy through hard work and legitimate ways... BUT this whole case just disgusts me.
How dare JPMC destroy millions of lives, take billions and get away with it...
However there's nothing that will change. This has been going on for over 100 years and will likely continue for another 100...
Yes, my heart wants 2 x value, my heart says oh how fantastic it would be if this judge would smash JPMC and destroy them with a ruling of all rulings...
My head says... It'll be the same old dissapointment
Chiron....can't pm back but thanks for the update...
I'm mostly in commons now hey it's a gamble I know, but as far as I'm concerned it's money that's lost in my mind so a $1 would be great as a return.
Have a great weekend..
Happy New Year to all our Jewish posters...
Chiron I've been in surgery all day, can u update me as I know u have an honest perspective on what happened today and yesterday and where we're headed.
She's Not!!
Did you know that A good chunk of equity in a company whose worth is nothing equals worthless shares!!
I'm not interested in jumping from the frying pan into the fire
Sussman and his company have billed and made millions of dollars
Excuse me? I'd like after 3 years to see real cash in my portfolio not a promise of things to come
Anything less than $10 for common shares after all this will be a complete failure by the EC and Sussman
We all know JD was happy to pay $8 so another $2 for all the crap and lies etc wouldn't be a stretch here...
EC....$10!!!! Not one penny less for commons!
Wonderful story...
I really don't care...
After 3 years!!! Just show me the money
Enough speculation and dribble
I want to Be Paid!!!
100% agree
I said this months ago that we'd be popping in and out of this board for 2-10 years more.
This judge is incapable of making the correct judgement to recover equity for shareholders.
She has completely lost control, it was clear to see in these past few months, the way Rosen was able to just twist and turn her at will.
She punts each time there"s any easy touchdown for equity, this happens every time a major decision is needed
She's not a leader, she doesn't even see the obvious when it's staring her in her face..
As for the EC and Sussman. Both have let us down significantly.
Sussman hasn't the decency to show shareholders his face and to let us know he's in command.
The EC has been pathetic. Not once in months have they let us know where we're going and how they feel about the case to date..
It's supposed to be an EQUITY committee... Representing equity...
Can we either get some representation and some feedback or can we change these guys and girls out for some new peeps!!!
The whole thing 3 years on is a joke, a shambles and it's going just as JD and his crew wanted...
They have the banks and billions and we're not one step closer to wrestling either back...
Fantastic News NOT!!!
Hedge funds appeal....
Let's just add another 3 years to this fiasco and drain more millions of dollars!!
This judge needs to END THIS NOW!!!
True...
Farce is an understatement...
We still have people that have faith in this pathetic judge and system
People thought Judge Eto was the best until a real trial (OJ) showed him to be inept and out of his depth..
This case is doing the same for Mary the Punter...
She makes easy decisions that a newbie could make but the hard ones she punts every single time. She has no backbone and no depth.
This case is so easy... Vegas should have happened a year or more ago...
Theft is theft...
But not in Scary Marys court....
LMAO
Errrrrrrrrr... Read my posts....
I'm neither 100 % positive or 100% negative about the eventual outcome.
Unless your stinking rich this is a 100% lottery penny stock play which will likely lose you hard earned money.
Anyone that tells u different is being shall we say less than truthful..
Chiron is 100% correct in his recent posts...
Perhaps stepping back and looking at the other side will help u with some perspective...
Read about Lehman and how long other BK's take...
We could be here for 2-10 years more
Don't like facts??
That's your choice...
Another great post Chiron
I'm not sure why I still get surprised at how people have so much faith in these lawyers etc.
Come on guys, they will walk away with millions and millions win or lose!!
Their families will be rich beyond your wildest dreams if equity gets screwed or not.
Chiron u r right... Equity has been behind for nearly 2+ years the game was over until Nate came along and derailed the party a little.
I'm still not convinced these evil scum won't screw honest shareholders in the end, but I guess that's what we're hanging in for... The end...
At this time we just dream the dream and hope DG is low balling his 2 x value...
100% agree.
Goodnight to you :)
Iplease don't feel u have to apologize
Your frustration is clear...
I'm just as frustrated as you but Ive never been a true believer like you.
I'm happy with a dollar you'd be dissapointed that's the difference here.
You believe in a Sussman fairy tale and DG pumping of 2 x value.. I believe we'll be lucky to survive and get a buck!!
Where we do agree is this has gone on far too long..
We will both likely be here for many years yet.. One day we'll know who was more accurate.
I will be thrilled and far richer if DG is right and I'm wrong..
Have a great weekend..
Great to know
Now I really feel stupid not selling at 70 cents..
I believed DG 2 x value..
What a fool I've been... I thought people here new what they were talking about now only to find out they're just guessing for 3 years...
Wow...
What to do, mmm what to do
I just want to thank the normal culpritsfor proving once again my point.
Thanks for posting completely inaccurate statements about the rise and bounce we'd see this week and moving forward.
You continue to prove who u r and your motives..
I'll wait for facts rather than read the wild fiction daily written here..
Keep it REAL
Hey Don
I'm not saying this isn't positive or welcome news but after 3 years we're still be yanked by JPMC and there is zero sign they're interested in dealing.
We're no closer to dollars than yesterday unless Chase see their world and liberty falling apart.
Until that day arrives all this is BS...
Can we all just keep our feet on the ground this time and not start speculating about non existence settlement talks every other post!!!
Good luck and bid dollars to all grey haired longs?!!
This is absolutely meaningless....
Derrrrrrrrrrrrr POR v7... That tells me we've had 6 previous ones and likely to still be seeing six more and likely POR v 13 ++++
You are all so predictable on this board...
Write me back when the common share price is officially $12
Seeing and getting excited about 12 cents or more tomorrow will just be comfirmation of how pathetic this entire case is... IMHO
Woop dee doo... Let's get excited over zero...
Wrong wrong wrong...
She was pressurized to reconsider her opinion...but that doesn't mean that she wouldn't have been more than happy to go along with it and end this farce...
Nothing nothing nothing should lead you or anyone else to believe she is willing to bankrupt Chase and destroy this economy still further just to wrong a tremendously bad piece of government interference...
We can agree that was done was totally wrong BUT you live in la la land to think that this judge will award billions of dollars back to equity holders...
The argument on this board for 3 years is that WAMU was scalped to bail out Chase because it was broke and bankrupt...
Now your saying that with the Obama economy in the sewer a judge is going to have the courage to totally wreck what's left and take out Chase destroying government pension plans etc
No way, no how...
This judge knows the stakes are higher than high, that's why she would like to see some agreement, some so called settlement..
What you guys all fail to realize is Chase is broke!!! They do not have billions just floating around,,, they can not settle, they don't have ready cash to do it!!
If they had money availabl they would have settled a long time ago IMHO
End it yourself... Step away from the board stop looking every day and you'll be amazed how better you feel about all of this debacle.
I check now maybe twice a week sometimes less...
You know that the likelihood of this turning out well is zero... So if it works out we get a dollar or two then BAM how great is that suprise???
This is and will continue to be a farce for years...
IMHO
Wow havnt checked in for days...
Looks like nothings changed, nothings happening and nowhere near any sign of $$$$$$
I'm so happy to have finally broken free from the daily caring about this useless stock.
Check in again in a couple of weeks to see if we're all rich yet lmao
Yes... A 7 year trial would be shortconsidering the magnitude of this case...
You can go on believing fairy tales of 2 x value and all that nonsense or realize I was the ONLY one on this board pleading and presenting fact and reason...
Many cases can take 20 years to be settled, so 7 would be short...
I LMAO when I see all these postings about settlement...
Why would JPMC settle?
They have the banks
They have the cash
They have this administrations support
They have fabulous representation in court
They have the legal documents they bought WAMU fairly
They have a weak weak judge in their pocket
They have time on their side
Oh, 7 years is nothing......
But hey go on believing you can turn pennies into $$$$$
2 x value.... The laws the law ....... LMAO every time he writes it
Another useless week ahead in WAMU land....
umaw, your post is in all honesty one of the best posts I've read in over 2 years..
You are so right, so on the money and nailed it.
We have a judge that is afraid to face the truth that these financial Nazis from JPMC and wall street along with their Gestapo accomplices, the hedge funds have been bundling innocent investors into their 'financial gas chambers' and burning us all for decades.
They will continue to rape and pillage across the financial globe until someone has the courage to stop them.
Unfortunately this judge is not Patton, Montgomery, she isn't the Iron Lady (Margaret Thatcher) she wimps out and wants to be a United Nation peace keeper while all around her innocent shareholders are being financially slaughtered by the same people over and over again.
The reason I have been so against much written on the board and why I make the posts I do is that the majority of the folk here fail to comprehend what a courageous act it would take by this judge to rule in our favor...
She is a little israeli David against the mighty wall street Goliath. She has to summon the strength to slay the beast and set this whole country free.
But in your heart of hearts you know in this case she won't, she can't bring herself to do it.. She doesn't even have the wisdom or courage to hand back the 4 billion that is so obviously ours!
No, umaw is. 100% correct
She is part of the financial and legal Nazi machinery that will just turn away, turn a blind eye to the truth, the facts, the evidence of mass financial slaughter of common shareholders.
She will say in the best interests of the system, not to cause disruption it was best to maintain the status quo.
You see my friends this is PRECISELY what Jamie D and the crooks at JPMC know, they know most people are cowards, will not take to the streets, will not have the courage to fight back.
Once they gained possession of all the banks and all the billions, they have all the influence and money to keep everything...
This judge is not our David...
She is our Custer....Outmaneuvered, outnumbered, outgunned
She would like to make peace, but the financial savages want it all..
It's just a matter of time IMHO
Has Sussman or anyone PROVED collusion?
No. ....
This is what everyone doesn't want to face...
They bought WAMU in a deal that no one likes but was there something crooked and illegal about it??
So far, 3 years later I'm waiting for proof and so is the judge and the market
Tic toc tic toc
iI've hoped but never truly believed we'd see any worthwhile value return to commons HOWEVER .
One thing thar I was always on the look out for was when the market would discount and reduce the JPMC shares. IMHO the recent drop in the market MAY have given JPMC to get their shares to a position where settlement may be close.
If settlement DOES (however unlikely) happen now, I believe market has ready written that off and hence todays share price. The manipulation of the market recently MAY have been the percent cover for JD...
On the other hand I'm probably wrong as are 99.9% of you.
Shredder is oiled, plugged in and ready for this week. Z
After 3 years this judge does everything BUT instill confidence in what's to come.
Oh really??
No one on this board has been accurate for 3 years..
Another week draws to a close
Once again all we have to show for it as far as wamuq is concerned is NOTHING.
More endless twaddle and useless speculation.
This board used to be exciting and full of energy, you can feel all the energy and confidence has totally evaporated...
Now all we have is the same crap regurgitated over and over again....
This stock is clearly showing how worthless it truly is.. So bloody sad...
I thought we were on to a good thing here but what a waste of nearly 3 years.. Stock is sitting at 7 cents, useless!!!
Time to sell and buy maybe silver IMHO