Love the spirit in the air these days...dont yaaaah....
Posted by: The Yogi Date: Thursday, February 04, 2010 3:07:54 PM
In reply to: ILoveStocks who wrote msg# 146791 Post # of 146953
$9.18 Minimum Price Projection is not so outrageous. Go back and re-read posts by wamuvoodoo; mordicai; diamondguru-one (..."2 TIMES VALUE PLUS); etc. Imo, The only question is (not "what will occur"? but rather) "when will it occur"?, i.e., the timing. If you become impatient and want to "flip”, or get discouraged by “the bashers” and sell, you will “lose out” on “an opportunity of a life time”.
Why is WAMUQ still trading at $0.22? imo, WAMUQ is still trading at $0.22 because of the two (2) following reasons:
1. Market Manipulation. As you may or may not know, prices of this stock is being manipulated (for various reasons) in order to keep the price low. The fact that WAMUQ is being manipulated has been pointed out by others on this board. Read their posts especially the ones by diamondguru-one.
2. “Mr. Market”. imo, There are really two (2) prices for WAMUQ. One is the (real) “Intrinsic Ultimate “Settlement” Price and/or “Court Determined” price and the other is the Current prevailing “Mr. Market” Price(s). Do yourself a “big favor” and read about “Mr. Market” pages 63+; Chapter II A - Corporate Finance and Investing from THE ESSAYS OF WARREN BUFFETT: LESSONS FOR CORPORATE AMERICA by Warren E. Buffett; First Revised Edition; Library of Congress cataloging-in- Publication Data, HG4061.B8372 2001 and or ISBN 0-9664461-1-9. WARREN gives a beautiful discussion regarding "Mr. Market" written by his Financial Guru, Benjamin Graham.
Joyce in her last post on her website, (before it was deactivated because she is now a member of the ec), said that there was going to be lots of "fire works" in the following months. So…
Suggestion: Yes. Be a an Intelligent Investor: “…remove all sell limit orders, and wait for the $9.18 Minimum Price Projection. Sit back, relax, and enjoy the “fire works”. It’s going to be so much fun!!! lol.