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Re: Countyroads post# 600385

Tuesday, 12/10/2019 10:04:45 PM

Tuesday, December 10, 2019 10:04:45 PM

Post# of 729922
In answer to your theory, I will say this.

When I installed got involved, it was after the BK. I had been following the saga after having some laughs at the office about how WAMU management must have felt when they got off the plane and found out the bank had been seized.

Later I looked in on things. WAMU was trading at $0.06. Quite a discount. The thing I noticed, however was the number of big players fighting over the bones. I remember thinking that there were too many buzzards circling for there not to be some meat left on the bones. At six cents, it was a risk I could stand.

So I bought some. Then I started paying attention. FDIC was fighting ‘tooth and nail’ to pierce the corporate veil. This was another indication that there was ‘meat on the bones’. So I sold some other holdings and bought more.

Then I watched the court squelch the attempts to announce what was behind the curtain. So I scraped all I could together and bought more. At this point I was pretty much all in. My entire savings were invested. Not a prudent move, but I was convinced! I still am!

Then I watched the PORs evolve and during the POR6 era (I think) I sold half of my commons and reinvested in Ps and Ks. It was a hedge against another ‘K-Mart happening.

I believe there is money.

I also believe someone is still trying to steal it.

I also believe that Killenger et. Al. Saw this coming and prepared for it.
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