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Wednesday, 10/13/2010 1:01:24 PM

Wednesday, October 13, 2010 1:01:24 PM

Post# of 729796
Dow at 11,000 and WAMUQ is not at $0.70 which gives = the common stock is worth what JP Morgan said they will pay, I think it is $0.01.
It's amazing how greed knows no fear, I know that many investors are victims before 2008, new also paid over $0.20, much over, maybe only 0.0001% of investors paid low penny and they are the only ones who are lucky. But this is their luck, it's not a strategy or that they know a WAMU secret, so in the end when all will be settled, WAMUQ investors will get at best $0.01 per share.
Think if 11,000 Dow makes no difference, if Dow as I expect will go 50% down in a short time, how much WAMUQ stock will be worth then? I am not advising anything, its nice to see the greed in action.

When we hang the capitalists they will sell us the rope we use.

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