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Banker_Lanky

03/20/09 1:44 PM

#58117 RE: Bizreader #58113

If the stock price remains low, wouldn`t more people attempt to take a flyer om it and throw some cash in hopes of a big pay day. So you would think more people would be buying shares up. Which should be driving the price up. Also, the more people that jump on board, the more money that JPM would be on the hook for, so by driving up the price now, they could possibly deter people from taking the flyer on the pay day. IMO, but i`m rather new to this...

Thanks by the way to everyone, very interesting
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p_chen

03/20/09 1:46 PM

#58120 RE: Bizreader #58113

Remembering there was a court order saying that paties who buy more than 5% of WMI shares need to get court approval? Besides preserving NOLs, I think WMI attorneys wanted to prevent any potential buyers from taking the advantage of low pps being manipulated by MMs.

You are right. Look at those 100, 200, 300, 400, 500 and so on small trades, they are signals to other crooks. We just don't know the exact meaning.