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Re: Chiron post# 27019

Friday, 10/17/2008 2:08:41 PM

Friday, October 17, 2008 2:08:41 PM

Post# of 735263
I do agree with you about this not being a normal pink. Don't think that I do not see the potential here, I do. The problem I have is that there is more downside to this stock than there is upside. It truly is a lotto play and it is one that I think we will be able to get at lower levels. I realize that many on the board will disagree with that sentiment though. My biggest sticking point as of now is that the current investigation is far more likely to turn up evidence that WaMu was mis-managed by executives, ultimately causing the bank for file for bankruptcy protection. Once that is known(if I am right) then wamuq will trade much lower than current levels. I will be completely honest here and tell the board that I have $10,000 sitting aside waiting for good news. I have no problem chasing this up as it will keep going for days, if the news is good. I am just not very convinced that the news will be good at all. JMHO.
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