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cubman719

08/01/09 3:40 PM

#84518 RE: Stock Vader #84475

I understand your point.

However I was just trying to paint the picture that WAMUQ is trading at lowest % of value prior to BK becuase it has the worst chance of seeing any recovery from liquidation if there is no settlement
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Jestiron

08/01/09 4:47 PM

#84536 RE: Stock Vader #84475

Hmmm,...while it is obvious, I never really thought about it in that particular way. The argument for ANY companies PPS is that the PPS is a IMMEDIATE reflection of value at any point in time. This doesnt apply anymore as the MMs are literally manipulating and setting the price!

Of course...they are unregulated here..on Pinks. That doesnt help a bit. Sometimes I wish I were an evil bastard so I could take everyones money without any conscience...but then I would be the same as all the scum bags who put us here! ::grins:: Happy I can sleep at night!

Good Luck!
Jestir