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Re: A deleted message

Thursday, 04/23/2009 4:44:04 PM

Thursday, April 23, 2009 4:44:04 PM

Post# of 4849
Weather I posted or someone else posted that a request to continue the reorganization plan, does Not deserve blame on the poster.

If you want to blame someone, why don't you blame WMI, they filed it through their attorneys, NOT the messenger.

If you had experience in BK, you would have known that a reorganization plan is a MAJOR filing. It tells you what WMI intends to do, i.e. cancel commons (and preferreds), liquidate, pro-rate payment, etc. If it was positive, it WMI stocks would have ran up leaps and bounds. A continuation does the exact opposite.

Also, no offense, but you are a little to greedy. You should be happy that you a in a "neg-gain" position, more money in your account than you had before since K's/P's are still green.

I will not tell you how to trade nor invest.

Thanks for putting the blame on me. I will take that into consideration next time I decide to post information that is relevant (positive or negative).

Thanks in advance and you may contine to put the "blame on me."
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