Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
"The only reason it sustains this high price is because of all the pumping that happens on this board"
Who knew ihub was such a big mm player.
"I'll be bailing out before the next shoe drops "
The next shoe to drop will be equity getting WMMRC.
"...you'll all be eating Ramen noodles for the next 2 years because you lost your life savings."
I don't think anyone has put their life savings into this, especially post-seizure.
Beats me.
The share price today is not a reflection of what's going on in the courtroom.
"YEAH welcome to a judge that was picked by the debtors most likely."
If so, shouldn't this have been wrapped up by now?
Ilene's famous:
More Thoughts on the Abandonment Order
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=tm&bn=86316&tid=793626&mid=793626&tof=1&frt=1
Looks like down 3% in Frankfurt today.
Furthermore, GSA delenda est!
"IMO we will see POR 7 that will out by Friday. "
What's the rush? ;)
It was at $40 in 2007.
The $25 million is for litigation purposes.
That's scary. eom
I'm still a little weirded out from yesterday with Bubba Southa, of all people, having the skinny on the depos.
That was an excellent post, fsshon.
Thanks for the update.
What does your gut tell you?
"this stock is sitting at .04..... im just afraid that this is already over"
Go with your gut.
I would like to see a competing plan in our case.
Newbies who don't know your post history?
FYI: Vorname means first name.
"just for the fun of it I placed my finial 15k WAMUQ buy at the bell for .057"
You go girl !
May justice be served next year.
It's an important day, whether we get to see the report or not.
"What has surprised me is that they don't feel there is enough evidence to warrant an early settlement. That they would let it draw out like this is disturbing."
I chalk it up to arrogance.
Yahoo board just got nuked. Check it out.
Thanks for putting in the time to write that excellent post.
Wouldn't that particular theory include the SEC as well?
from Scottrade:
" Unable to enter the order because the limit price entered is too far away from the market price for stocks under $10."
He's a populist and JPMorgan has been a punching bag for populism for generations. Rightfully so, I might add.
I would accept $4 per share, too.
As a starting point to begin scaling out.
That's not how bankruptcy works.
Thank you Dr.
EOM
83.7%
"It would be great to soon see SS slowly trudging down from the mountain - face aglow - with two stone tablets in hand. One being Solomon’s valuation numbers and the other for cracking Rosen over the head with! "
I love it! LMAO!
Just downloaded and am reading it right now. From Maray's link.
message for Fish from dancyquan on Y:
"You've been great..the absolute best..but, please do not play into Rosen/Weil's game by reacting to their implied maneuver of playing the court per the issue of pre versus post BK shareholders.
Whether the EC is dominated by post or pre is totally irrelevant..has no legal implications and the public does not care..and will not care...This is a perception problem only...and only among a few shareholders, at that.
This is not an issue legally nor is it a well versed public issue unless someone other than Rosen can convince you or others on the side of equity to make it so.
Don't fall for it...do not take the bait that Rosen tossed onto the table today...It's a trap."
from Matt on Y:
"Here is where D&L represented JPM. Not an exhaustive list.
http://www.deweyleboeuf.com/en/People/M/...
¦Lead counsel for JP Morgan before FERC and related courts in Illinois Auction complaint case brought by Attorney General Lisa Madigan asserting market manipulation of electric power prices.
http://www.deweyleboeuf.com/en/People/L/...
¦Advised JP Morgan and Lehman Brothers as financial advisors to Exelon in its merger with Public Service Enterprise Group;
http://www.deweyleboeuf.com/en/People/B/...
¦Obtained dismissal of two class actions alleging conspiracy to rig a wholesale electric power auction on behalf of JP Morgan Ventures Energy Corporation;
http://www.deweyleboeuf.com/en/People/K/...
¦Advised Jazztel plc, a competitive local exchange carrier, on a €200 million syndicated revolving credit and performance bond facility which was arranged by JP Morgan plc to finance the build-out of its network in Spain;
http://www.deweyleboeuf.com/en/People/C/...
¦Advising JP Morgan Partners and certain other private equity investors on its sale of JPMP IMO Holding Ltd to a subsidiary of Carlyle Europe Partners II, L.P.;
You are not going to find a law firm of D&L's size or reputation not involved with JPM in some way in the past. They have 1,200 lawyers and according to their website they have represented them 5 times. Seeing how much JPM needs legal representation, it does not seem like they are very involved with each other.
As far as the bond placement goes, I wouldn't get too worked up about it. I work for a company that does that (although I do not work in that department). I am going to do some research on Monday with a friend of mine who does work in that department and get some info on how the private placement works versus the registered route. I do know that the time frame on muni bonds can take quite a long time. Since private placements bypass registration, I am not sure how long the underwriting and placement procedures take. I will find out. Many times, the issuer goes with the company who gives them the best deal (takes the smallest cut as a spread)to net the issuer the most money. If the time frame on the private placement significantly predates the EC, I would not get too worried about it. It would be like going to one bank over another because the interest rate is cheaper on a loan. "
Link?
It covers Judge Walrath's decision from December 2, 2009.