Washington Mutual Preferred fka WAMPQ

[NASCOW]

I beg to differ

Doesn't change the fact Dimons CALCULATED Remarks hit the pps...IMO
No one wants to hear the possibility of JPM resistance from the CEO, when everyone keeps riding the horse of settlement. The MM used the info with the help of profit takers to drop the price


Sell Volume 11,067
Buy Volume 6,766

Almost 2 to 1

Selling in the last 4 minutes were 60, 100, 490, 150, 400, 60, 44, 156, hardly short selling amounts by a MM with a 40-50 average share price, 10 shares would be more like it.. We were lucky we had the 13, 20, 40, 25, 25, 30, 10, 10, 10 share buys in the last 4 minutes holding her up

The 100 t trade sell at 40.00 and 490 buy t trade came in at 39.26
The 200 at 46.00 and the 50 and 200 share buys at 44.75 were also out of sequence…

“You know our society, right?” Chief Executive Officer Jamie Dimon, told analysts on a conference call today, when asked about mounting court costs, such as from cases tied to Bear Stearns Cos. and Washington Mutual, which the bank bought during the credit crisis.

‘Going to Fight’

“You know how many suits go on, the class-action suits, the stock drop, the Bear Stearns suits, the WaMu suits, the mortgage suits,” said Dimon, adding that not all reserves are linked to mortgages. “And it ain’t going away, it’s becoming a cost of doing business,” he said. “When we’re wrong, we’re going to settle, and when we’re right, we’re going to fight.”

Correct me if I’m wrong but hasn’t JPM actions been giving the appearance they have been fighting?