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Lebo- you're aluding to settlement?
I second that motion.
IN SS we trust.
IN fish we do the same.
Hammer- TOUCHE!!!
This stock/story is a beast. It deals with WaMU JPM FDIC GOVT up to the very top- and everyone else under the moon. So many twists and turns in this one, but this past week we nailed them to the wall and now stand in control.
If you have patience, you will be rewarded. I dont think any of the posters here that follow closely are planning to sell one share. AND WE HOLD MILLIONS AND MILLIONS.
Maybe some introductions at court when you sit next to someone. ----not titles just names.
I wouldnt fill you at $2. hehe
Of course it doesnt. If they let people think a settlement is near, this will go nuts.
Ive been wanting to hear something from Solomon-- but really nothing, besides the SS billing I think. Possible Solomons numbers combined with JPM docs put the interior pieces of the puzzle together.
lets only hope.
crazy this is at under .20.
I wish I had more dough to spare.
Penny- lmao! Awesome last line - hahhahhahahha!
The shareholder mtg has come back to JMW court, but no date has been determined as far as I know. Sussman is not the lawyer for the party ("the shareholders"). Sean Fitzgerald and another guy are the two that keep that ball rolling.
I am sure they may have contacted SS at some point, because we all have the same common goal. I cant remember if it was on SS billing this past month.
We should hear something very soon-
The waiting may pay off very soon.
Why were they being taken down in the first place?
Tool LMMFAO!!!! You water-boardin, motorboatin son-na bitch!
Dan-
No one has mentioned that.
wang 0.5
like someone said- it could be for more BBQ sauce.
..is that Sweeney should have held out for more for his four votes
Elin should have held out for more money, I know 100 million is a lot but ...
..out on centers, but should have held out for more, say ERISA.
IF FOR SOME REASON THIS SETTLES IN 2 WEEKS-
"should have held out for more" was the first inkling, that we are getting paid, but certainly not X2-X3. probably X.5
We may never know what was sealed---but we may all remember the day SS put A+B=C in front of BR and JMW.
Wang I wouldnt like it but 19K sounds much better than 0.
I think Zilla is painting a realistic scenario if things dont go well for commons---basically if there is just enough to cover preferreds. I'm sure Mike W would have a voice in making sure commons are not left without a chair when the music stops.
I appreciate reading a grounded post and not the hundred billion bagillion dollars I am owed.
WaMu nation- good day today. Ilene we appreciate your bravery and fortitude. :)
sometimes- with your numbers, 1.5B for PQ (%50) and 4B for UQs. So around 5-6B currently.
I hope there is more, because I dont think PQs will take more than 20% cut for the commons to get past 2 bucks.
what the hell do I know-
imo
Trying to put everything together here. SS should have gone for examiner but didnt. Why? Maybe he had something that overrides everything on the docket for today. Hard to fathom that JMW would pull them in chambers to discuss transparency. Maybe BR knowingly in the rock/hard place, had to pull everyone in chambers to save pps from skyrocketing from examiner appt. ---- or avoid examiner altoghether.
For anything to be settled, how many different authorizations do they need to go through. It will not be just one JD or SB signature, but probably a two week process itself. (to do it correctly, not the typical September Thursday overnight sham) I also think the numbers although already crunch will be fined tuned and checked to ensure they are correct as we come out of this.
as Ilene-
Byrd- You said it buddy. Seems like the BOD has their hand in everything...why cant we hear something-----anything. F.
Im pretty sure everyone would be completely frickin overjoyed at anything close to 10, pre or post.
Everyone except wang, who thinks we should get $80-$240per, 5-80times per share. lol
If $5-$6UQs pps is the break even line for pref vs. common, are guys staying common heavy?
Its the sign in sheet-
Sussman opened the briefcase and a yellow glow was bestowed on Rosen. Similar to the scene in Pulp Fiction.
this writer needs at least an asterisk.
SS didnt have a smoking gun. He just gave Solomons numbers and said FU.
imo
We thought we were about to have a settlement. We were wrong. I'm going to try and avoid watching the tic..tic..tic..
Lets go STEVE and JUSTI(CE)
IF JMW HAD THESE STONES WE WOULD BE AT $10 GOING FOR $40.
jhdf51- I feel the same way. We have every single damn thing point in our direction except for perhaps an unknown variable. I dont know if one exists or not. Perhaps our own numbers are inflated or assets are not what they seem???
Im not trying to cast doubt, just want everyone to think-----are we missing something?
Ive been long since I arrived, and I hope Im just being pessimistic today.
Gotta feel bad for JD... while we wait for tomrrow
http://www.dailyfinance.com/story/how-many-workers-can-you-hire-for-the-price-of-one-ceo/19540733/
...One CEO stands out on the list. Jamie Dimon, the CEO of JPMorgan (JPM), made "only" $1.3 million largely because of pressure on Wall Street CEOs to keep management compensation low in response to the financial crisis and government bailout. What may be forgotten is that Dimon made over $35 million in 2008 as the global credit system was falling apart along with the JPMorgan stock price.
Perhaps SS has his own depositions waiting- We'll get on the stand if you will....
I think everyone that has been here are comfortable with their amount of shares. Thats why you dont see crazy movement. I am very confident we will get the examiner tomorrow.
Holding off the examiner a couple weeks ago is a blessing now- it definitely shows JMW they are not going to give up anything without it.
If we could get the SJ that would make my month. Good gosh 'ol mighty.
GG- it is not through SS- but with Sean Fitzgerald and the other guy- "the shareholders." It will be a separate filing.
I feel the same. I would feel much more confident with Fish representing us. I have full confidence in him and his abilities. Where has he been?
GO4RYDE-
If all you say is true- we're looking pretty. Hopefully by Friday we will know our fate.
Uzual- make a poll for this week.
A. More of the same Fun and Games (delay)
B. Examiner Granted
C. Examiner + SH Mtg
D. We're DOA
Desperado-
THe EC has 100 million shares??? If MIke has 1 million, the others have 99 million? or is that converted for PQ-
UZ I feel ya about the lack of concise thought and fillers, but Im sure he is being extremely careful with his words, and is just being cautious - filling the gaps with uhhhhhhhhhhhhhhhhhh.
Its good to know Solomons team isnt just playing with yo-yos looking for something to do. Its been months.
I hope we are all totally blindsided by what may come.