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Re: floydborga post# 72073

Sunday, 05/17/2009 6:58:17 PM

Sunday, May 17, 2009 6:58:17 PM

Post# of 729697
Just a gut feeling, and the massive pumpalumping going on isn't good imo.

The more I realisically think about it, there will be no "sudden" settlement or a sudden "halt" like many are claiming, and all of the shareholder "articles" are basically one big pump imo. They get some people to buy in , we get a few cent spike, which I will always take, but if you don't capitalize on the spikes, then it as if they never happened.

Everybody seems to claim that they are longs and "if it goes down they will buy more", but I think that is a bunch of BS, and if it wasn't then they wouldn't be trying to get the pps up all of the time.

The more I look at the documents, the more I believe that the GS that is referenced has absolutely nothing to do with a buyout or the bk, and has to do with lawsuits against WMI that Wolfe and others are working on.

I could be wrong and these things could run for the hills this week, but as of now, I have more cash on the sidelines than I have in.

Like I said before, I think if an investigation moves forward against JPM, the pps might spike because of overanxious posters and traders hopping in, but that just adds to the length of the bk and I believe that JPM will come out of an investigation clean as a whistle, or atleast as clean as JPM can be.

I still support a favorable outcome, but imo, we have yet to seen the worst.

Also, I feel that the only thing keeping this stock up is a trading team that has been working it, and without them, this thing falls faster than you can say "look out below".

We'll see what happens.
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