Replies to post #1233 on JP Morgan Chase & Co (JPM)

[JimsZ]

Since Wamu's parent companies BONDS are trading at least .93+ on the dollar, do you really think Starke knows what he's talking about?

And as far as Washington giving those "vultures" a windfall? Those vultures as he says gave those that wanted out a set loss instead of a possible 100% loss! If it was the case that once a company was in bk that those that sold could no longer lose money, why allow trading after that point? The only thing you would do is cause a guaranteed loss for anyone that purchased those securities. It's all about risk vs reward and you know what Buffet says "Buy when others are fearful".

I could definately see a class action lawsuit by post-siezure buyers if they only gave settlement monies to pre-siezure holders as it should have been halted during upon the bk if they are going to say "these guys can't lose money, but you guys buying can"

[bluebird50]

And they just formed an EC for giggles.... speaking of giggles... hheeheehehehe lol lol lol
US trustee smells recovery....... They had shot it down in the past but all of a sudden they get it through in a few days....

If you follow a story make sure you follow it closely.... or change your name to stark......

[Dragynn]

I guess anything is possible...still, at this point, i've made soooo much money shorting this POS, that it doesn't matter, all my shares are free in the other stock. Speaking of shorting JPM, looks like it's time to do so again, see you at 35.00 next week!

[Dragynn]

Ooh, looky thar, Equity Committee just got approved by the court, looks like Snarke is wrong, but he ought to be used to that by now, god knows the rest of us are.