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Pick, just look at JPMC chart and what he posted. Look at timings and pps drop %
Noticed JPMC was down around the ‘same time’ and the ‘% drop’ matched what you posted !!!
Open $128.96
Low $127.82
And then started to climb after hitting the low for the day, around the same time !
So XXXX is JPMC ???
BD, Slick wording.( were you expecting any thing different ? )
Eliminated but not terminated !!!!
I recall ‘the word ‘investment’ in quotes in the filings !!!
WMIIC
GLTA
Shamu, hoping you did not dump all your money into TripleX and one lol
I am not sure if you read BP, but Bban kinda ‘decoded’ AZ’ s cash deposit.
AZ said he bought SuperBowl tickets. Note its plural. Also we ‘presumed’ it was tickets because it rhymes with ‘crickets’, per AZ.
Now each ticket was around $20K. Now since it would need to be more than 1, let’s presume 2.
So AZ got at least $40K cash since he said he bought it using cash deposited in his account.
So there you go, a base number and a hieroglyphics decode. .
The faster you build the power plant, the faster it starts making money, by generating power for consumers.
The more time this WAMU case is open, the more money the lawyers make.
So the end goal is the same. Just different objectives to get there.
Per Bop, ’ If JPM wants to keep those assets it must pay for them eventually.’
Hot off the press on BP
Strike, Jamie will probably say,’ you fools, I already bought part of you guys in 2008 with my $1.9 B and finally finished the transaction now. How dare you talk to me like that ?’
lol
Hi AZ, your ‘XXXX’ is still a mystery to many of us .
So going to take a wild guess
SoftBank
JPMC
KKR Wand Group
WMIH
It’s one of the above ?
TIA
Raju, that would be a ‘bummer’ !!!
Being on ‘WAMU’ message boards for the past 14 years and yet not getting it right. lol
It’s either that or original WMI or JPMC or KWGI !!!
Eagerly waiting for the curtain to rise !!!
KKR Wand Group Inc (KWGI) , what role does it play in this final chapter ?
Hi AZ, so you feel WMIW (WMI Washington) emerges under a new name ?
TIA
BD, I think many were aware of it, but lost track due to the COOP crap
When a magician makes the crowd focus on his left hand, the sleight of hand is done using the right hand . Nothing sinister, just some naive silliness exhibited by the audience !!!
GLTA
It was WMI all the way !!!!
MB, Makes sense. Only one question on the vegan recipes.
Were they bland or absolutely fantastic ?
Hoping TickTick gets the humor .
The 65 day rule:
https://bgm-cpa.com/news-insights/the-65-day-rule-post-year-end-tax-planning-for-estates-and-certain-trusts/
The 65-Day Rule allows fiduciaries to make distributions within the first 65 days of the new tax year. This year, that date is March 6, 2023. Up until this date, fiduciaries can elect to treat distributions as though they were made on the last day of 2022. There is still time to use the 65-Day Rule for 2022 tax planning if you are a fiduciary of an estate or a complex trust (a trust that is not required to distribute income annually). Taking advantage of this rule could provide significant tax savings
So does seem interesting !!!
Pick we could say you are a ‘terrible investor’. Would that actually make you one ?
The only thing Ron/AZ and Bban/LG disagree on is the 75/25 to the end theory.
But we could ‘release all the tension’ with respect to that argument by watching this 75/25 video to the end :
I think the biggest clue was the silence in the courtroom of THJMW when Bop said that WMI is still alive !!
There were 2 WAND’s
One was KKR WAND
LG, thanks for this reminder from Sunshine !!!
WAND ?
Aristotle : ‘That which is common to the greatest number gets the least amount of care. Men pay most attention to what is their own: they care less for what is common’.
Yes . They always make money !!!!
On a side note, rare post from GD on Google
https://groups.google.com/g/sci.archaeology/c/2v2kIUiPaoY
Bban wasn’t that a point of discussion on MB’s back in the day ?
Sometimes I get a feeling that they already factored in the ‘potential’ ‘fines’ and set aside that money as the ‘cost of doing business’, when they indulge in illegal activity.
That is how banks make money.
Charge more on the loans and pay less on the deposits. If they did the opposite, all banks would have a ‘run’ and close asap.
JPM’s Series Z Preferred that has the same exact language as WMI Series R. Perpetual, non-accumulating.
Series Z made three payments a year.
Two dividend payments and one Performance Payment in the same range as our Series R.
Hence the inference.
Bban, after being on these message boards for 14 years I think we like to get a ‘heads start ’ on an 8K at least once !!!
By the way I noticed FredScott likes TickTicks ‘fantasy’ posts
PS: the company name is XOME. XOOM is I.
TickTick,
Here you go, research from JayS on BP
Rayman Mathoda, CEO of XOME quits and joins Anchor Capital
IMO big news about to hit
https://www.sfvbj.com/finance/anchor-loans-announces-new-ceo/
JMHO
GLTA
Lodas, sad to see you leave the board, per your last deleted post. Good luck with your future investments.
Ok Strike, please do now !!!
We got a minimum of 4.6X
Blast from the past by Wwhatthe
ND, anybody can be an expert on stocks.
You either get paid or don’t get paid. You just pick a side and stick with it
Louis Rukeyser :.WallStreet Week
He had both bearish and bullish analysts on his show. So obviously one would win. So he won either ways.
If you win you celebrate and if you lose, you move on to the next stock.
So you are stating you will be ok without the internet and this MB which is your source of entertainment ? What are you going to all day Bban ?
I think he means the real ‘stew’ is in the first day filing of WMIIC , which filed for BK a few minutes prior to WMI BK filing in September 2008(‘only 15 years ago, I know it’s tough for most to recollect what they had for breakfast 2 weeks ago’ ).So I think he meant did you read the entire WMIIC BK filing for the ‘stew’ ?
Hi AZ,
Talking about ‘creditors’, WMI/DST already received/collected from the Receivership as a Secured Creditor( as reminded in the WMB abandonment letter) to the tune of at least $ 271.2 B + whatever PREMIUM WMB fsb fetched as JPM BOUGHT 100% of the WMB fsb stock from the Receivership and NOT the "stated" book value of WMB fsb.
We simpletons haven’t seen it, yet
FWIW
And the ball moves after every failed attempt, so ‘almost had it ’ is not very accurate lol
After 14 years we are still speculating which sub or parent the moolah is under !!!
Must say, the implementers did a good job of maintaining the ‘cornfusion’
But getting a gut feeling we are close to an announcement.
FWIW
GLTA
32-8=24 , but still in BK, is the equation that starts the fantasy !