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Re: HopeUnderstand post# 82550

Friday, 07/24/2009 10:48:48 AM

Friday, July 24, 2009 10:48:48 AM

Post# of 730574
I do not think so. The judge giving the WMI $4.4B will definetely increase the pps for all shares. However, I do not think it will jump to $2pps.

If I am not wrong that $4.4B goes first to the creditors of WMI and increases the likelyhood of commons getting something.

However, the big events, news commons will be the judge denying JPM's claim of denying the Rule 2004 discovery, and hence openning the road for ciriminal investigation for JPM and Dimon and WMI's attorney's submitting their reorg plan in October and stating that the commons will not be cancelled and dilluted.

In my opinion, when these two events happens, we will see the commons in the dolar land.

After that finding evidence from Rule 2004 investigation and the judges ruling in favor of WMI in all law suits will push the WMI's stock even higher.

Please note that these are all the best case scenarios!

I do not want to think about the worst case ones.

AIMO.

Best
Climber



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