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steved_45

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steved_45

Re: cruzintucson post# 268123

Friday, 01/07/2011 11:35:47 AM

Friday, January 07, 2011 11:35:47 AM

Post# of 735723
Personally, if I was a JPM shareholder, I would be more inclined to buy more shares after all the rulings related to WMI just because litigation is becoming a huge expense for them. Getting rid of this case would be a sigh of relief to me even if it meant a one-tiime write-off of a couple billion.

Edit: just looking at the volume, it looks like a hedge fund or some other big institution is dumping shares. I don't have real-time on it but I would assume the stock would close higher from here (@ 43.06/share).
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