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Well, I'm not selling mine...
Oh, you're just so witty! LOL....
No, I understand the distinction.
My point was, the injection of funds they were preparing to deliver to the bank would have sustained them through any run.
And yes, WaMu according to reports I remember back then, was better capitalized than even JPM at that time. And yes, the Feds closed the window to them during the crisis because they already had intentions on seizing them to prop up JPM.
"WaMu got Seized due to a lack of Liquidity."
Which was about to be corrected. No, you're off base here, and that leads me to wonder about motives.
Yep, and when the FDIC got wind money was on the way to stabilize the bank, they moved in on a Thursday to seize it, which historically was something that never occurred before. Normally they would move on a Friday, allowing them to prepare for a Monday opening.
I still recall standing in my WaMu bank on that Wednesday to close my account and shift funds to a credit union. When asked why, I replied "Because your bank is about to be seized." The teller of course scoffed and replied "That will never happen."
The next day...
We released the FDIC-R.
Not the FDIC-C.
One share sale for 38.99 after hours.
They're wanting this to move up tomorrow some more.
Oh, we're getting ready to RUN! :)
LT site is gone.
But my DTC cusips still remain.
Weird....lol...
As long as I've been reading here, I know you always said "two times plus".
Kind of like crypto? :)
I should have pulled some powder from COOP, and added to DWAC.
Up almost 28% today so far.
Write them off for WHAT? Have a cost basis Bob?
Would you guys please put your ego's in check, and stop with the 75/25?
As of now, there is nothing. That's a fact.
Well, three letters come to mind....
C'mon Bob, he's not going to listen.
He's from the ideology that refuses to entertain he may be wrong.
You're wasting your breath.
Is there a question here?
It sure seems like they are trying to keep us rangebound.
Along with the 600 million of senior notes announcement, I have to pull a Bob, and go hmmmmmmmmmmmmmmmmmmmmmmmmm....
Yes Vod, we've heard you, Over and over again.
I'm IN Bitcoin (Currently at 67,873). That doesn't mean you don't diversify into other assets.
Do I come here daily imploring you to buy PM's? And state if you don't, you're an idiot?
One is a speculation, the other is a hedge. COOP falls somewhere in between (LOL...).
What's up with the fat-fingered after hours trade?
https://www.businesswire.com/news/home/20211101006000/en/
DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (NASDAQ: COOP) (“Mr. Cooper”) announced the pricing of an offering by Nationstar Mortgage Holdings Inc., a direct wholly-owned subsidiary of Mr. Cooper (“Nationstar”), of $600,000,000 5.75% Senior Notes due 2031 (the “Notes”). The Notes will bear interest at 5.75% per annum and will mature on November 15, 2031. Interest on the Notes will be payable semi-annually on May 15 and November 15 of each year, beginning on May 15, 2022.
In a way, them smashing the price today, does make me sense something is on the horizon. And they have little time left.
My specific DD? Nothing, but I've been watching these patterns for what now, 13 years? And considering the excellent results COOP posted last week for 3rd quarter, they are doubling down.
MM's dropping it as much as they can on low volume.
When the cat's away, the mice...well you know...or should I say rats?
Of course not.
They already had their plans in place to suppress before any report details came out. Good, bad, doesn't matter.
HOLD!
Imagine
If you had done both all along...
I received a shipment today that was due last week.
Thankfully, it went USPS. If it had been FedEx, who knows?
And why I stack commodities. :)
You know what IS rising?
Inflation.
Vod, it has nothing to do with age. I've been a senior level programmer for almost 20 years. I understand it, and I HAVE investments in it, that said, I also understand the risk that comes with that speculation. Especially now. Metals are not for speculation, it is for preserving value against inflation, and with everything going on, stepping outside the system.
As for Dimon and crew? Follow him if you want, I now tend to do the exact opposite of what he's crowing about.
Disclaimer: I have money in a fund they control, so have money wrapped up there. And I am not feeling very comfortable at this moment.
Excellent!
Fair warning though, it's addictive....
No worries, and actually I checked: It was 920, not 981 million.
But we all know it's just the price of business to those crooks.
And yes, I've been stacking for some time now :). Just got another gold buffalo in my hands this week for the pile, and waiting on another tube of Britannia's to show up....
Stay with reputable dealers (JM Bullion, SD Bullion, SilverGoldBull, Apmex (who are expensive, but always have stock), and you'll be fine.
Just don't be tempted with the numismatic artsy stuff (at least until you know what you're doing). Stick to stacking weight, a few 10 oz generic bars to get you started would be a good place.
Historical ratio of "silver to gold" has been forever 17/1 to about 21/1 with gold.
Actually, it was more like 15 to 1. And keep in mind it comes out of the ground at roughly a 9 to 1 ratio. And the USGS reports at current consumption, we may run out in 9 years.
Well, they were fined 981 million recently for manipulation, and there are indications they are removing themselves from the short side.
But no, they don't know how to stop, until someone stops them.
Go to some of the online dealers, and look for some of the low premium generic product, and get started.
Consolidated Last Sale: $42.13 +0.56 (+1.35%)
What's up with that fat fingered trades? (Yes, that was sarcasm.)
And on one share.
Wow, 500,000 trade. That is stunning.
:) LOL...
It's hard to get indicted when you're no longer alive.
So there is that.
(Sorry, just realized you said "related". My bad.)
1.47% down day is huge?
In what playbook?