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Re: WaS post# 54660

Tuesday, 02/03/2009 4:38:30 AM

Tuesday, February 03, 2009 4:38:30 AM

Post# of 734132
WaS, I apologize.

It is clear that something in my post was wrong since the last intention I had was to blame or hit anyone for using the word "liquidation".

The post was not directed to you or to anyone in particular.

The post aim was to share why I think "liquidation" is very far in the radar of options - compared to other options - for WMI's lawyers.

- I shared why I think this is a very speciall BK case and why the BK exit statistics may not apply. I listed a clear set of uniqueness in this case.
- I shared why I think creditors intererest is not to liquidate. Why I think debtors and creditors are aligned here.
- I shared why I think it is good - and not bad - that WMI's lawyers expectation is get out of BK soon.
- And I just listed the posible upsides we all know about.

It seems that somehow my post managed not just to share my thoughts but to pass the message that it's not acceptable to talk about liquidation or any other thing.

I do respect other's opinions, specially if they add information or arguments and are not just bad omens or simplistic aproaches when pps has a bad trend // good omens when pps does well.

From this prespective I do appreciate your posts and your thoughts. Over time you come to comform an opinion about who's posts are worth to read and who's not. And yours are worth.

.. sorry again if I messed in my email showing disrespect to you or anyone else.

Now - and on the other hand - in my opinion it is worth to think about how much the short term evolution of pps - even with with low volume - can influence our perception about a single sentence or a single fact.

There is huge uncertainty about the outcome and we - me, the first one - can just speculate. Having said that and knowing that this is not a "religion" but "just a stock" I keep thinking this is a great opportunty. One that we detect very rarely if ever in life. It's a very unique BK case.

I will do my best to keep an open and cooperative spirit in this board. I am learning a lot.

Cheers!!







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