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catman26

09/10/09 7:29 PM

#94261 RE: drrugby #94260

Interesting development, probably has no effect on us but interesting none the less.

http://moneycentral.msn.com/inc/news/tickerredir.asp?Feed=AP&Date=20090909&ID=10377077&Symbol=WAMUQ
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drrugby

09/10/09 7:36 PM

#94262 RE: drrugby #94260

Short Covering Period September 2009

Settlement Date Sept 15th

Report Due Date Sept 17th

Report Announcement Sept 24th

If 3 million shorts covered during the last period moves the stock from .10 to .209 then settles at .16.

Think of what 52 Million shorts when covering will move this stock?

Do I hear a short squeeze dollar?

I feel big volumes again coming soon..

Watch for the 999 trigger this friday..

Go WAMU..



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VivaLasVegas

09/10/09 8:45 PM

#94268 RE: drrugby #94260

SEPT 25 - Sept 30 we'll see some serious SHORT COVERING GOING ON.


I don't care about the court cases,,, by SEPT END 2009 we should be .50+ ( probably more like .75 - 1.25 )



ALL BECAUSE OF SHORTING COVERING ONCE THEY BECOME LONG-TERM CAPITAL GAINS!!!!

It's all about the Calendar, Math, and Bucks!


Cheers