Saturday, August 29, 2009 4:20:31 PM
The 1$ dollar reference is where we land prior to the big news being placed on the Pacer and for the Jonhhy C'Q public all to read.
From the FDIC and JPM P&A agreement which is valid for one Year.
Minimum: Settlement is 3.35$ plus JPM Litigation costs. as it is written FDIC is on the hook for 500m$.
WMI book Value: after Creditors paid, preferred shares paid, Common shares valued per the WMI 8K is about 13b$.
~$7.62 times 2 = Diamonds $12++ common share holder value..
Which falls in line with a news leak will drive this stock to 10% value of the settlement value which is due to be disclosed to the public..
Others beleive more value some beleive less value. But what I am sharing with you is a range..
When the music stops we will all see the money:
Min: $3.35 (From P&A agreement)
Max: $24.00 and change (Book Value times 3 plus 4b$ cash)
GO WAMU..
So, Uncle Jimmy D...
Show me the Money.. SHoooow Meee THe MonEEEEy..
Lets all stand.... and say..
Show me the money.. (One more time.. now)
Shooowww meeeee the Moneyyyyyyyyyyyyyyyy..
GO Wamu...
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