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The Yogi

02/05/10 3:05 PM

#147831 RE: xoom #147068

Hi xoom,

Yes. I was a kind of “geek” when I was a kid. And the fact that you know about the great investors/traders shows that you are knowledgeable about them also. I believe that one can study and learn from the great investors/traders.

Very interesting day in court today. The only questions in my mind are: "How much will the settlement be?" and "When?" I attempted to answer those questions for myself (and shared them with the members of this board) with my Post # 146762 yesterday. i.e., $9.18 Minimum Price Projection for WAMUQ (by Friday, February 12, 2010?????). I may be "off" with the time frame, but I feel very confident with the $9.18 Minimum Price Projection (Most on the board seem to agree that settlement to occur with 30 days). Therefore, I took today's decline as an opportunity to accumulate a few more shares. I especially noted the following posts by silicon valley au and mordicai:

silicon valley au: Mordi, what is your speculation on how this settles, i.e. all cash, stock swap, or cash and stock swap?

mordicai: partial cash and stock swap. JPM doesn't care if it dilutes its shareholders. FDIC has to pony up the cash. I think $12 PLUS is in the cards.

Let’s see what happens.

(Note: I would have responded to your post sooner, but I ran out of posts yesterday).