News Focus
News Focus
Followers 8
Posts 1357
Boards Moderated 0
Alias Born 02/17/2010

Re: WaS post# 212871

Thursday, 06/17/2010 1:39:35 PM

Thursday, June 17, 2010 1:39:35 PM

Post# of 749756
WAS well said-

Watch for a low ball offer. Then watch for Susman to push for the examiner and to push for the shareholder vote. By that time I'd imagine many of the guilty parties will be in full blown panic and will probably be willing to help JPM and the FDIC make us go away.



It's likely Susman will force them to give us a $number$. When he spits on that, he will tell them the examiner is inevitable. Then they will hopefully give us what we want.


I am however betting on Susman. I think he's got Rosebuds in a box and as we witnessed today, Weil and the creditors are out of options. Without an examiner or vote pending, he's already looking for ways to include equity in the POR.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today