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beardown027

02/21/10 3:09 PM

#152586 RE: Jestiron #152570

I guess so, I came up with $4.47, but a lot is based on heavy assumptions and ideal conditions.

I'd like to look at L2 all day but A. don't have access and B. Don't have the time. Jestiron, like you, I'm hoping to pay off student loans, so I hope this comes to an end soon. From my perspective, I thought it was a good thing that the case was not closed out immediately, because to me that spelled out talks were on going. But now, I'm starting to get nervous and antsy. Is it because JPM is on the ropes and they are scrambling to find every alternative possible? maybe. Or are they trying to smother WAMU and just wait them out. But if that's the case, what about the $4 billion?

Personally, I think this will drag on to spring time when the volume in the markets slows and fewer people are paying attention. If JPM is going to settle, they'll want to do it as quietly as possible. I'd say July or August would be the perfect opportunity.

More questions than answers I guess....

Good luck to all, and to a quick and wealthy conclusion.