InvestorsHub Logo
Followers 203
Posts 13758
Boards Moderated 3
Alias Born 10/26/2008

Re: WaS post# 54426

Saturday, 01/31/2009 10:06:03 AM

Saturday, January 31, 2009 10:06:03 AM

Post# of 729961
Think! Common Sense=Money.

Even if WMI had no money and ten billion dollars in liabilities, the common stock will get paid.

Even in today's world, it is illegal for the government to take 2400 banks and banking locations, not to mention other assets and convey zero dollars for them.

By the most conservative estimates the property would have a twenty billion dollar price tag, when factoring in the properties real net worth and replacement value.

Chill out folks and buy while it is pennies because at any given moment this could and will explode.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News