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Re: vicsteele post# 72830

Wednesday, 05/20/2009 11:55:44 AM

Wednesday, May 20, 2009 11:55:44 AM

Post# of 734884
Again. Wamu is sitting in a good position today and a negative decision today could set them back, but that doesn't mean they don't have alternative sources. Wamu will come out of BK that's gonna boost this stock a bit. Accountability for holding 4B is huge, interest and possible accumulation of debt because of that liquidity asset is a good argument. I am banking more on the slow chipping away and getting into a strong position to strike hard at JPM and FDIC.
Money is power and Wamu is not well looked at in the public opinion. Coming out of Bk will cause a strong move in position and steady stable stock.
Keep in mind the turtle always beats the hare.

IMO
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