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Sunday, May 29, 2011 10:10:26 AM
We are about to enter into a chapter o the WaMu tragedy that 99.9 percent of the world population will never have experienced. I am referring to a “Short Squeeze” that COULD make the VW short squeeze of year 2008 look like a pebble at the bottom of a swimming pool. I suggest everyone involved here to look at and study the Volkswagen short squeeze of year 2008. There will be massive swings that will look like a roller coaster, especially in WAMUQ, unless JPM is able to buy WaMu lock, stock and barrel. Of course Susman and Willingham are already aware of this. I expect the short squeeze, if it happens in its entirety to last anywhere between three and eight trading days, taking WaMu equity prices (especially common) to prices that were never thought of heard of before. Once again, preplan and study Volkswagen and I mean do it this Holiday weekend because due to leaks it could start sooner rather than later. I would hate to see many here look like a “deer in headlights” and then do the exact wrong action.
If this short squeeze happens anything close to the Volkswagen action, most people here will do the exact wrong action because of emotions. The only way one could prepare and even be close to the correct actions are to have some knowledge of how this happens, what to expect, the massive volume and the tremendous price of equity fluctuations in both directions. I have a good idea (I think) of how high these prices could go, but I will refrain from discussing because most people will think I lost my mind. I suggest all concerned people here do some due diligence on what I have posted and then you come to a better understanding of what I am discussing. This was NOT suppose to be even a remote possibility of happening, but due to the criminals immense greed this is looking like is will start this coming week and I cannot emphasize how important I is for ALL to have an understanding of how exciting this COULD be. I am going to try and stay grounded when then information comes out, but understand one thing, the only way the criminals could have prevented a short squeeze in its entirety would have been to have Equity cancelled. We know the criminals have now lost and as long as the Equity is not cancelled, it appears this short squeeze will happen. Enjoy the week and take care.
http://en.wikipedia.org/wiki/Cornering_the_market
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