I like to GNR8NRG
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Doubt we rocket straight up. We have a tendency to jump one way and then retrace close to the previous close. So you're probably not SOL. I'm locked and loaded but I'll be watching to see if they try to take out stops again. You're only SOL if we don't open and are halted before trading begins. Good luck tomorrow. :)
IMO...DEMON will squeal like the JPiggyM that he is. He'll blame anyone and everyone and threaten to take down all involved...Greed is predicitable.
Turn up the heat and see what happens...Bacon extra crispy please. :P-----
BACON :P------
Smells like cooked BACON! :)
I like mine well done and crispy. :P---
The oven keeps all the 'grease' from spreading. 8-o
Here piggy, Piggy, PIGGY!!! 8P---
I'm on the Y board, but I post here for WAMUQ. It's a much more civil crowd. :)
I want the "WEST" branches back! The Chase tarps covering the WASHINGTON MUTUAL signs are very temporary. If they want "west" then they're going to actually have to pay for it. If not we can go to court. I don't want WAMU to get some other "failed" banks branches. I want them to get ALL of their stuff back...ALL OF IT! We shouldn't have been STOLEN in the first place! Then I can move my money to them and my local bank. I still have my WAMU account, but most of my banking is with BAC. I'll close my "west" account if things go south and I'll put as my reason...that "I cannot support government backed THIEVES stealing their way to profitability"...I'll then tell everyone I know to do the same. Last week a couple of people were asking me who they should be moving to. I told them to wait and see what happens. Many people really don't know what happened and they already HATE banks and their elected officials. It won't take much to have the public thinking JPM is worse than GS. (LOL)
I'm personally voting out all incumbants in 2010. I'm an Independent and have voted for both parties. The incumbants better hope the "other" person isn't a threat because if they are I know many red and blue that are not happy. :( (LOL)
JPM really needs this to go away and quietly. The longer it goes on the worse it gets. The government needs to let JUSTICE prevail because CHANGE is coming and I'd bet my money with the AMERICAN belief that were free because the sheep are waking up and are sharpening their teeth. Bahhahhah
Sorry about the RANT. I need the market open because I'm ANGRY again...(LOL) HAPPY NEW YEAR.
I'd like to get my "investment" out and ride the rest til the end. I think there will be at least two offers and I won't take out my investment on the first offer. I think many will, so the PPS will be lower that day than it will later.
If it's a cash offer, I can wait because .01 is 3,000 with what I've got right now. I bought 300,000 with the intention of keeping at least 250,000.
If it's a stock swap I'd think it could go many ways. Would JPM elimnate the dividend with a swap? Would our shares be restricted in any way? Would JPM be worth more in a year for long term capital gains? I think a stock swap would be the best for trading in and out if that were to happen. So the higher the PPS the less I'd have to sell. I can think of quite a few plays I'd like to put that money into.
I think L2 is a program that shows all the buys and sells.
I use to buy at "market" and I was looking at MSN moneys quotes which were a half hour behind. (LOL) I now understand my TDAmeritrade account, but I don't like the recent changes on the graphs and tickets. I may try my think or swim, but i like what's worked for me in the past. :)
I'm a pre and post shareholder and I can assure you justice will be served. Too much has come out and it won't take much for the public to turn. I wouldn't be suprised to see a halt soon. It'll be interesting come Monday. If we start to rise, GREAT...I'm already in deep. If we fall, GREAT...I'll get more for myself and hopefully some of the other people I've talked to in the past week will be able to get some too. If we trade here GREAT...I can buy more. If we get a halt, GREAT...No more playing around and we'll get to see what happens when all is said and done.
I only see one possible bad outcome and that is wiping out shareholders. Now the good possible outcomes...
1)Washington Mutual is BACK!!! We get a piece of the new WAMU.
2)JPM settlement a or b
a)cash buyout
b)stock swap
3)Court, we sue and take down "Mr. Too BIG to FAIL"
I'm sure there are others and #1 could be done in many different ways.
As a pre-shareholder, I will not vote for anything that doesn't include EVERYBODY with a stake in WAMU. It takes a lot of...to be in this stock and I give MAJOR PROPS to the people who are here and done their homework. They all deserve to get paid for their HARD WORK. It's not easy to see through a fight with an opponent as big as this is. It's not just JPM/FDIC it's BIGGER and if we go to court the evidence will speak volumes of the people we've got/had looking over our "best interests"
I really hope the employees never sold their stock. If so that sucks, but thats the risk/gamble of the stock market. You have to be in it to win it...and more people are getting in it everyday. :)
I think you're quite seasoned for a rookie...I've been active since Summer 2008 and I'd say you know more about stuff overall than me. However we just have differing strageties.
I honestly thought we'd be under .05 by this time and I'm prepared to buy millions of shares if that became/becomes reality. There seems to be an underlying strength in this stock that has made flipping no longer a possibility for me. I keep buying "extra" to flip to get my current position "free" but my HOARDING mentality has me hold and want even more. (LOL) It's amazing what the SUBCONSCIOUS mind will do. The ENERGY has already been set in motion and I can either "resist" what I feel, or "GO WITH THE FLOW." :)
As far as it being .02 last year and over .10 now is because too many LONGS have entered the fray. I had both LEH and WM before they Q'ed and each time they ran they'd fall back to a higher PPS. It's because there are less "flippers" and more longs/holders. WAMUQ was always 2-4 cents less tahn LEHMQ until the last run...
Now we're about 50% higher and there is a reason. Both have higher PPS after each run and it's up to 'flippers' to figure out the next PPS bottom/top. Luckily for LONGS, it just gives more chances to add to our positions before it's all over...
Win or lose, I seriously doubt anybody in this will forget what has happened here...
One day we'll either regret selling a single share, or be happy we made some money and got out before being wiped out...Only time will tell. :)
I hope it does fall a bit because I'd like some more. :P
A bounce is possible with GM as it's been falling for a bit, but to take a LOSS and buy back before 30 days have passed...Is it a loss or a wash? GLTY with quick cash flip. Hopefully you've had the stock already for a few days, because I've been burned and unable to make a move until the trade settled. Penny stocks are even worse for that. GLTY :)
I agree. :)
I'm too deep in other stuff to buy any at the moment, but I think at these prices it's a STEAL. I can't believe "the market" hasn't shown it much love, but from my past DD on ADLS (I had shares myself)I think it'll be a multi bagger.
Hopefully I'll get back in before it runs. A POP on approval and a drug that can make a difference. IMO.
P.S. Good call on the ANX. It doubled from where you saw it and quadrupled from when I passed on buying it. My portfolio ended about 8% GREEN for the last day of 2009. 2010 is going to be interesting year to say the least. Good luck to you and have a GREAT 2010. :)
If they did a RS then SHORTY would drive it down again and I'd keep buying more. It might make a settlement have a higher number, but I'd revise my expectations of the PPS. So if it was 1 for 10 and we're at 1.40 they'd say a settlement for 8. (LOL) I'd say NO! 80 would be 8 and we didn't accept that before so why accept it now. I wouldn't sign squat releasing my right to seek damages if they tried that BS. In that case I'd say take them to court and I think all parties involved want to avoid that.
So IMO I really doubt a RS would happen, but I'd be prepared to buy lots more if it did. :P
Need to cover?!? GOT SHARES! :)
The general public wouldn't get it...
For Halloween I took an old suit and ran it over with my buddy's truck with shoe polish on his tires. Poured some red stuff all over and went as a "Lehman Brothers Investment Banker" Some guys laffed who actually heard of Lehman but most of them I had to explain that in 2008 I'd jumped out the window and then got run over. I was DEAD!!! Some looked at me and were like...Uh...Okay...(LOL)
Unfortunately some people here on the HUB may actually know someone who has done that. Sad because in the end, "IT'S ONLY MONEY!" From AMERICAN BEAUTY..."There is so much BEAUTY in the world" I always need to FOCUS on the more positive things out there. I let my ANGER direct me to create CHANGE not to change because of my anger. :)
Lets make 2010 the BEST year EVER!!! I know I will, reguardless of what happens with my investments. :D
I remember that day. :)
I was just talking about it to some people the other day. I was trying to explain why I don't short stocks.
I can only lose my investment when buying, but the poorhouse can cut you SHORT. :c
I've gotten a few on board. Talking about it the other day at a group, most of them THOUGHT Chase actually paid for WAMU. They didn't know about FDIC or any of that. (Glance at headlines and don't read) One guy was asking how to get into stocks as he's never done it before. I also explained the risks, but a few of them didn't care. I think a lot of people don't know or understand what went down but they all had WAMU accounts and they all don't like the changes. I expect a grass roots 'run' on Chase bank in 2010 especially as this story gets out more. I'm going to give them articles and sites to do their own DD and we'll see what happens. :)
Maybe I should go there 2/16/10 :P
Ditto, even though it's 9pm here. :P
(LOL) I've taken loses to move them to something else. Can't say the stock formerly known as GM is the wisest, but hey, it's your money. Especially with Obama saying shareholders are wiped out. At least WAMUQ actually has a chance to become something BIG... Well in 30 days maybe you'll be back but I wouldn't be out of this one for the next 6 months or more.
I'm almost totally GREEN today. Only LEHJQ is at a loss and it's minimal. :)
REALLY? See ya but I gotta call you out...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44416655
Come on man!!! (LOL) :)
You're probably right, end of year stuff. The other banks are higher too so... Wishful thinking on my part. :)
YES, and a good chunk in WAMUQ. :)
Got STOLEN bank stock???
That's my t-shirt. (LOL)
My thoughts...JPM is shooting up too. IMO we might be seeing a stock swap and so they're trying to raise the PPS of JPM while also buying as much WAMU and covering shorts as they can. Remember what happened the other day with WAMUQ tanking to take out stop losses. Keep your eyes on the prize. :)
Books...I'm interested in learning more and would like some recommendations. Someone mentioned "Trading in the Zone" in an earlier post.
P.S. I'd hate to give money to Cramer, being I think he may have played a part of WM's current situation.
Thanks :)
I'd rather lose my .13 than miss this "opportunity of a lifetime"
I think you missed my dream...
WMI/WAMU owns JPM because they are found GUILTY in court.
JPM becomes JPMQ and WAMUQ becomes WM again. Kinda a reversal type of thing.
Hence why it's a dream. :)
Long post but well worth understanding. ELN and WYE and the two other unnamed "another top tier pharmaceutical company/Top Tier Global Pharmaceutical Company"
My speculation:I wonder if JNJ and PFE took a peek and realized what ILNS has and then JUMPED to get ELN and WYE?!?
From ILNS website: 11/21/08 shareholders letter... "We granted a non-exclusive, worldwide, royalty-bearing license to our ANTISENILIN® AD monoclonal antibody platform to Wyeth and Elan Pharmaceuticals. The license grants rights to Wyeth and Elan under Intellect's patents with respect to the development and sale of Bapineuzumab, a monoclonal antibody intended to treat AD. Wyeth and Elan are currently testing Bapineuzumab in several thousand Alzheimer's patients in a Phase 3 clinical trial. If successful, the drug could be launched early in 2012. Bapineuzumab has enormous sales potential as the first disease modifying drug in the field of AD and Intellect is entitled to a significant royalties on any future sales. The grant of this first license under our ANTISENILIN® patents was of great significance because it validated and established the value of our technology and of our business model that calls for broad licensing of our technology.
We recently granted an option to acquire a similar non-exclusive license to the ANTISENILIN® patents to another top tier pharmaceutical company that is developing its own monoclonal antibody for AD. The drug is currently being tested in humans. We are entitled to an upfront payment if and when this pharmaceutical company exercises the option in the first quarter of 2009 as well as patent milestones and royalties from sales. We are in discussions to grant additional licenses to other major companies."
AND THEN...1/7/09 "Intellect Neurosciences, Inc. Grants Top Tier Global Pharmaceutical Company License to Certain Alzheimer's Patents and Patent ApplicationsIntellect Neurosciences, Inc. Grants to Top Tier Global Pharmaceutical Company License to Certain Alzheimer's Patents and Patent Applications"
And our own drug...OXIGON
"OXIGON® is a clinical stage drug candidate being developed by the company as a promising potential disease-modifying drug for Alzheimer's disease based on its unique combination of pharmacological properties. The drug has the potential to protect the brain and other tissues against oxidative stress and in addition appears to stabilize the less toxic soluble forms of beta-amyloid preventing aggregation into more toxic forms."
Yes it's long, but it's a start for DD. I've been following ELN since it fell from above 35 and Bapineuzumab was the reason why I liked ELN. now I've found a way to have a piece of that Bapineuzumab pie without having to spend as much as PFE and JNJ. :)
I'd think end of the year tax losses for those who bought on the runs it had a while back. I did that with a couple of my others just last week. TTNP, ILNS, LEHJQ and WAMUQ are my current holdings. I wanted to get that TRXAQ last week around .30 but I've got my teeth DUG IN to these babies.
ILNS: 2012 target with "free shares" if it gets a good enough run.
TTNP: buyout or approval of Probuphine
WAMUQ: JPM/FDIC legal or not could go either way but would make me a multi-millionare if it's guilty in court or settlement.
LEHJQ: higher rank than LEHMQ and RUNS if WAMUQ runs. Made a few K's off of MQ's when WAMUQ ran last. Held JQ's "just in case"
I moved my tiny Vanguard 403b into some emerging markets (VEIEX)They fell with us last year, but it's gains are BEAUTIFUL YTD, 1yr,5yr and 10yr it's #1 in gains of the under 5k class. :)
Happy NEW YEAR!!!
(LOL) I remember that there was no chance in hell for settlement...Now... it's probably going to happen, but it'll be small. (LOL)
Lets keep dragging this out because by April maybe they'll be saying it'll be hard to cover up the "Chase" signs on the East Coast because all the WAMU sharholders have taken them home after JPM was gifted to WMI because of criminal activity on behalf of JPM, FDIC, GS, Moody's and Cramer. The criminal trial had to be moved to a tiny island once used for "terrorists" to "protect" the GUILTY from the ANGRY AMERICAN people. :)
I know I'm dreaming, but forget PPS of JPM, just call it WAMU! :D
A quarter of a million shares in the first hour and a half?!? I wish I had more dry powder. Picked up 7500 @ .07 :) then ASK jumped to .08
I have HOPE no matter what :)
Found this over at LEHJQ.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44908739
Every time I dry my powder. :)
It's always been personal with me...
Unfortunately everyone I know is having this done. I've got a couple of Cap 1's that had 1.9% and I used them to transfer my higher cards a couple years back. Silly me put 4-500 on afterwards, and it's more than 5x my payment break down. :O
I'm willing to wait YEARS and if it falls, I can always sell my TTNP to get A LOT MORE. Been holding that in the .02-.04 range. It's only up 2.20 since then. :)
Actually we'd about doubled the Thursday before and then got cut in half the next day...(LOL)WOOHOOEWHEW!!! It was painful because I thought "This is it!!!" but I kept myself on ground floors and away from sharp objects. :P
Actually it was good because it made me realize I better get more NOW and not wait. Which I did. :)
:)
:P
Yes, the longer it takes the more I add at these prices. :P
Do you sense the presence of EVIL?
If we thin and grey Aaron Eckharts hair he can play the role of DEMON. (LOL)
It was a poster that is here...
http://investorshub.advfn.com/boards/board.aspx?board_id=38
They had a saying and I repeated it.
The point being when TPG gets paid, we all get paid. :)
Remember...TPG gets PAID, ABIGHAMMER gets PAID!
I saw that someone else was in the "Jailhouse"
Just thought I'd bring that up. (LOL)