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Re: jhdf51 post# 80949

Friday, 07/10/2009 3:32:13 PM

Friday, July 10, 2009 3:32:13 PM

Post# of 735742
last time some deal was struck regarding pensions a few weeks back and the stock went up a few pennies then everyone patted each other on the back and gave high fives then we had no news and the stock slid. Then today more news about a savings plan and it is up a bit and everyone is all excited and patting each other on the back blah blah blah. We need a settlement. The day it happens this stock will go buckwild with the insiders getting in on the action first, then once the news hits watch out. But they will probably suspend trading before the general public finds out so not too many instant millionaires get made. JPM will settle $4billion, then sell the billions it has in WAMUQ stock that it has been buying for the last two months and call it a wash.
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