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Asked that earlier... IT MAKES NO SENSE!
I see our good friend Kevin Starke was listening in. No wonder the prefs moved first...
Don't get me wrong, not trying to discount your statement, but I think we are all having a bad day and need to just take a break for a day or two. (Me anyway) I do hope you are right and I'm still holding.
I feel that is far-fetched but you may be right.
I pray that you are right. As much as I wanted to win this, I was really hoping for some real justice to be served today for the long pre's.
I know after hours it means nothing usually, but what is up with the no bid price on all classes? Have ET.
What I want to know is how in the heck is the FDIC entitled to ANYTHING out of this settlement. Why are they getting some of the refunds??????? Of course if approved that is...
I hope you are right. Just when you think something can't happen it does, but I still have faith that our EC will step in with a nice written statement to the court.
Thank you. Arrogance proves who is the lesser people here.
Don't think I want to see this, but will look anyway..
Thanks Clay
Don't feel bad dude. I need to sit down and re-listen to the hearing. HOPEFULLY the EC will repsond to this POS settlement agreement, and the Judge will see that this is laughable. It didn't go the way we all expected. Still got some money in this, but did lose some shares do to panic selling. I fell for it. I just hope, those that bought at higher prices aren't jumping out of windows right now.
We all need to take a step back, take a deep breathe and regain our composure. I am still in shock myself.
Yeah I know, but I'm all ticked right now, lost about 3000 shares trying to flip. The orders took forever and couldn't cancel after submitted. I only have myself to kick over it. I hope the EC stands up now. That is what they are there for.
God I hope so, my account don't look so good anymore. Still up from where I bought in, but still...
Ugh, this has to be a joke. How can this be considered a good deal???
We're on!
First time able to listen live... Hope my cell phone doesn't die...
My heart is pounding right now. I hope we hear some numbers today...
The most negative post thus far is yours. I think you are looking too much into this.
I'm out for real this time. Big day tomorrow.
Get some rest dude. You deserve it. I am hoping for fireworks tomorrow...
His response definitely would help.
I think that may have been the reason that the debtors were reluctant to offer an extension of time for the hearing. They want it back via the court or want a full settlement.
Again JMO and thanks for all your input fsshon!
Great post, however, don't think so... Here's why:
The deposits are fundamental to proving this whole case. The banks were solvent. To settle on just the money doesn't get either party off the hook for (a) the FDIC jumping the gun on a solvent bank and (b) discovery documents that prove that JMPC and the FDIC were in contact going behind Wamu's back to seize the bank. So to settle just on the deposit would (at least in my mind) make the rest of the case incurring a not-so-favorable settlement for JPMC and the FDIC. Plus you have other assets that weren't supposed to be seized.
Not a lawyer, and just my opinion.
Don't forget the Cinabons...
Tomorrow will hopefully produce a good result. Plus gotta kill the smell of full depends.
LOL
Yes sir... Eastern that is... Dan's usual post is stickied already.
We all hope so... Glad you are still with us.
Looks like double post spam to me.
And why should I take your word for it that you are smarter than me or anyone else on this board.
Let's see, alias created about a week ago. How long have you been following this?
AND HOW DO YOU KNOW WHICH BILLIONAIRES DO OR DON'T HOLD THIS STOCK?
I suggest you crawl back in your hole. The second coming will be tomorrow.
Right! Everyone that thought Tuesday was crazy aint seen nuthin yet! I hope I am around a computer tomorrow. No sleep tonight for me.
Could mean a ton of things, we will know when we know.
Absolutly not! The hearing that is cancelled to be rescheduled is Monday's not tomorrows. WE ARE STILL ON FOR TOMORROW!
It was submitted to the court...
http://www.ghostofwamu.com/documents/08-12229/08-12229-2488.pdf
Remember Diamonds prediction, no huge rise. Just halt and boom.
They most certainly are.
Good night all.
The United States Trustee when requesting to form an EC, asked for a current list of equity holders around the first of this year. That is why. It's in the audio archives in the IBox. Don't remember exactly which hearing, but I listened to it over and over.
Edit sorry. I thought the one right after it was good too...
http://www.cnbc.com/id/15840232?video=1437266124&play=1
Thanks for the link. Hate that day, but always intriguing.
I can't believe they didn't redact the account numbers on these checks... HOLY CRAP! That is a quick setup for identity theft! I hope they catch this quick.
There ya go..
Correct me if I'm wrong, but even if everything goes bad tomorrow, the bashers that say it will be canceled Friday are incorrect. The reorganization plan still has to be submitted and approved before any of that can happen. SO Friday will come and go either with or without settlement or with without summary (I think we all can guess it will be positive but humor me here) but one thing is for certain, shares won't be canceled Friday.
Where is Johnny?! I'd like to hear his input.
HA
Simple really. Stock goes down after shorting money made. On the rebound buy to make money. Force the PPS up and down while doing this until the final decision and clear all shorts. Money made.
Answer: Greed. Big players that have plenty of time and money to make more money than any of us dream of. I bought and am holding to the end. Tried flipping, but got burned. Like Clay said, yesterdays trading pattern was fishy to say the least. Just more visible yesterday than days or months before.
IMO
"Global agreement" were the exact words I believe.
Nothing, maybe bondholders, now not much. HAHHAHAHAHAHAH this guys is a joke.