News Focus
News Focus
Followers 0
Posts 11
Boards Moderated 0
Alias Born 12/28/2009

Re: ILVMNY post# 131383

Wednesday, 12/30/2009 3:32:00 PM

Wednesday, December 30, 2009 3:32:00 PM

Post# of 749756
Thanks ILVMNY, that was my feeling that it would be better to be in both as well, unfortunately I am all in WAMUQ and now stuck because I am in the red, if this goes above .14 again I will split in half between both stocks

I was seeing on the board that the judge might let JPM and WAMU come to a settlement. And WAMU lawyers if I understand correctly do not specially care about commons. And JPM did a very complex and snicky engineering of taking over WAMU and perhaps has some responsibility in the WAMUQ ticker going "by error" to 0.01 or lower a couple of days ago for a minute or so (which made me sweat as well).

Given all of this, is there not a good possibility that WAMU and JPM come to a deal where WAMU get something but less than necessary for the common to get their share?

hopefully I am making sense :)

Where Real Traders Talk Markets

Join thousands of traders sharing insights, catalysts, and charts.

Join Today