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Saturday, 03/13/2010 4:35:51 PM

Saturday, March 13, 2010 4:35:51 PM

Post# of 733880
Thank goodness for all the normal, sane, and logical posts here today. Yesterday was just a farce. I mean here on this board. Well honestly, in court yesterday was a farce too. But I for one am not surprised. IMO yes it was just step one, yes it was a thought out delay, and yes the stock was manipulated A LOT last week, knowing what was coming, and knowing what the reaction would be. Shorts have covered, lots of money has been made by MM's, prolly more by JPM, they are just preparing IMO...

Did people actually think that JPM would just come out and hand us XX per share, just because they did wrong, and they know it can be proved? They have to at least try!

Anyway, it was only proposed. And a proposed settlement that the EC hadn't even heard of yet is pointless... except it wasn't pointless, because WAMU won yesterday, no matter how you look at it. IMO 6B compared to 0 is a win!

Bondholders, shareholders, the Judge, and the EC will not sign off on this, so consider this the first in what will be a series of wins.

Of course I am upset being down over 50% in this stock - but not because of the money I am down, but because I could have many more shares at this point. But you know what, the way the drops have been manipulated, I felt much safer holding my 50 cent shares, then trying to chase. The next two weeks will be more insane than the last two. Only thing I can do is add more shares on the 23rd, three days before, which I will do.

Take care all.
Remember, WE WON game 1!
WAMU lives on, with more confidence than ever!
IMO
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