I'm a pre and post shareholder and I can assure you justice will be served. Too much has come out and it won't take much for the public to turn. I wouldn't be suprised to see a halt soon. It'll be interesting come Monday. If we start to rise, GREAT...I'm already in deep. If we fall, GREAT...I'll get more for myself and hopefully some of the other people I've talked to in the past week will be able to get some too. If we trade here GREAT...I can buy more. If we get a halt, GREAT...No more playing around and we'll get to see what happens when all is said and done.
I only see one possible bad outcome and that is wiping out shareholders. Now the good possible outcomes...
1)Washington Mutual is BACK!!! We get a piece of the new WAMU.
2)JPM settlement a or b
a)cash buyout
b)stock swap
3)Court, we sue and take down "Mr. Too BIG to FAIL"
I'm sure there are others and #1 could be done in many different ways.
As a pre-shareholder, I will not vote for anything that doesn't include EVERYBODY with a stake in WAMU. It takes a lot of...to be in this stock and I give MAJOR PROPS to the people who are here and done their homework. They all deserve to get paid for their HARD WORK. It's not easy to see through a fight with an opponent as big as this is. It's not just JPM/FDIC it's BIGGER and if we go to court the evidence will speak volumes of the people we've got/had looking over our "best interests"
I really hope the employees never sold their stock. If so that sucks, but thats the risk/gamble of the stock market. You have to be in it to win it...and more people are getting in it everyday. :)
