Wednesday, October 13, 2010 12:31:20 PM
I think at this point no one can change my mind. The DD is done. The stage is set. I have a higher risk tolerance than most and thats why i now have 15x times more moola riding in the commons than the prefs.
If the settlement lets say is 20 bucks a share for the commons and we trade up to the 19ish range i still wont sell unless its like 19.90 a share then i might consider it.
I keep telling myself that my time is worth money and that i have invested waaaay to much time, money, and tears into this to allow some late comer to profit at my expense.
Nope. I will be bold and hold for the gold as you say all the time. I am in it till whatever end we meet. If the debtors are crammed down and the prefs are paid in full and we have to end up litigating and going to trial for commons recovery so be it. In fact I will just keep adding. The more they delay the more shares i bought become long term cap gains each and every month.
GO WAMU. May justice be served.
Everything is IMHO of course.
Whatever happens im glad to have known such upstanding Americans. peace.
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