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Re: None

Saturday, 05/30/2009 10:08:02 PM

Saturday, May 30, 2009 10:08:02 PM

Post# of 733584
IMO, all eyes are now looking at the high water mark of uncertainty with regard to the outcome for WMI and Co. The turning point of this outcome hinges on which side Judge W's gavel domes down on. And finally after some 8 months it can happen at any time now. If as expected, the Judge rules for WaMu on the 4b and discovery, it's all over for the shorts I would guess.

So as the gavel is struck, .18 cents then .30 cents .40 cents and a dollar and more will surely happen. Next week or in the weeks immediately following when we see the money is the only concern we have to sort out now so enjoy the rest of the weekend and relax. From here on out, It's all in how the Judge swings the hammer next.

And you can bet the MM's have their feelers out for what's "blowing in the wind" but they may still get caught by surprise if a "material event" takes place that causes the stock to become halted. Oh my.
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