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ABIGIDIOT

03/08/10 6:13 PM

#163124 RE: Holyschnikes #163121

i'll let some of my ancillaries rebut your post, son. i'm sure

they will be tripping over their tongues to do so. i wont even dignify the ridiculousness of it with a response.


For those that hitched their wagon's to this trainwreck in the last several months {especially common's), you rolled the dice....red or black...I don't know the outcome but your not entitled to squat.

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chris41336

03/08/10 6:15 PM

#163126 RE: Holyschnikes #163121

What? I can't speak for everyone, but I put my money into Wamu post seizure because I saw what happened and I had faith that our justice system would come through and give WaMu back what it deserves.

I'm sure that without NEW invsetors coming in post-seizure that it would have taken longer for the EC to be formed - hell, who knows, it may not even have been formed. All I know is that post-seizure longs who have stayed through this entire thing still purchased into a company that they believe would come through for them in the end and they put THEIR money into it with the hopes that this trial and this company would at some point give it back and then some.

Sir, simply by INVESTING in this stock post-BK, many of us longs have proven our dedication to not only the company, but the cause that it represents. Don't underestimate us, because we are a large part of what has happened.
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the cork

03/08/10 6:23 PM

#163132 RE: Holyschnikes #163121

Yeah, we don't deserve squat, you are right.

We deserve a lot more than that.

These arrogant turds have had every chance to do the right thing from the beginning of their nefarious deal to now, and have steadfastly avoided the near occasion of anything remotely approaching decent.

They had their chances and opted to play this out.

OK. It's playing out. Let's play.

I think we deserve anything we can get from these jerks, and I hope folks pile on.

I hope we take a great big chunk out of JPM's hide, and JD goes to jail.

That would be cool, and that ain't squat.

Boycott Chase

Go WAMU


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SuperChris15

03/08/10 6:27 PM

#163137 RE: Holyschnikes #163121

Sir, these people who have purchased post seizure deserve to reap the rewards if this works out in our favor for many reasons but I will touch on the first one that comes to my mind. Most of the post seizure longs here have worked very hard in their DD on this matter. Most who are in are because through their hard work and research they believe they have a good opportunity here. It is this measured, hard work that should be rewarded. Is it your argument that anytime someone gains from a stock that they do not deserve it? This is no different. Many recognized an opportunity here and put in the effort and risk and deserve any payout that may come our way. If this thing falls apart and everyone loses than those who bought in accepted the risk which is another reason they deserve to reap the rewards. This was at no time guaranteed. No one is handing anyone anything here.

Go troll somewhere else.
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NY Kev

03/08/10 6:37 PM

#163148 RE: Holyschnikes #163121

A stock owner is a stock owner -- who cares pre or post -- If you bought a stock and it went to .01 and then you bought more because you believed the company was undervalued, do you deserve the profits you made on the stock you bought when the company was in trouble -- of Course you do. That is what we are in the game for.

We all believe this company was wronged and because of that wrong this company had there assets seized. We believe they will get compensated and deserve to be compensated for that. Basically the settlement would just be the company being sold for what it is really worth and the shareholders will share in that worth.

See you in Vegas --

Kevin
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MasterBlastr

03/08/10 6:49 PM

#163155 RE: Holyschnikes #163121

Never, ever, EVER think for one second that you are not worthy and deserving of all the success you can get in the market. At worst, you got lucky. Those feelings can cause ultimate failure, or loss of what you gained. The 'easy come, easy go' mode of thinking lends itself to you giving it back, either in the market or in some other way. Always feel worthy and deserving at all times.
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cruzintucson

03/08/10 7:10 PM

#163170 RE: Holyschnikes #163121

Holy, Are you saying my money is no good..
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Hurlserv

03/08/10 8:11 PM

#163252 RE: Holyschnikes #163121

"...but your not entitled to squat." I did not "hitch my wagon's(sic) to this [mixed metaphor]train wreck". I purchased stock for sale on the open market.

After spending a great amount of time reading almost everything I was able to get my eyes on I came to the conclusion WAMUQ had been wronged in a mighty way.

Once I decided, based on the evidence in the filings and the reasoned opinions on IHub and other boards, blogs and news articles the logical decision was to make an offer for a specific number of shares. Shares, I might add, someone else wished to sell.

I did and they did.

I have no idea who may have owned the shares I purchased and the shares can't tell me. They don't care. They may have been in a mutual fund that because of rules had to divest. They may have been in someone's 401K. Or, perhaps, they were sitting in storage on a market makers hard drive.

Regardless of where ownership was prior to my purchase I obtained them legally, morally and ethically.

If they appreciate even more dramatically—and, IMO they will—than they've done so far I'll be very grateful and thankful.

If by some strange quirk of fate they become worthless—I don't think that will be the case—well, I made a decision and took a chance and I'll have to live with it. It was no one's fault but my own.

As far as entitlements go, I'm entitled to the same price per share for my shares as any other holder of WAMUQ shares. No more and no less.

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bet0001970

03/08/10 9:33 PM

#163330 RE: Holyschnikes #163121

Holyschnikes, you may not think I'm entitled to anything...

but seeing as JPIG/Chase is planning on taking my home at the end of the month, I plan on taking some of their money. I hope it's a lot of money and I hope they enjoy the irony as much I will.

And once I'm done making money with my friend WAMU, I'm gonna look for another bank that JPiggy bent over and I'm going to invest in them. Then I'll bide my time, until I can once again pick more flesh off the bones of Dimon.

Does that sound mean? Oh well. I still can't find that box of Coco-Puffs.

Beth
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thepennyguy

03/08/10 9:58 PM

#163352 RE: Holyschnikes #163121

GREEN with ENVY.....the matters of the late bloomers...blame it on the system. Entiltled? So if i purchase something at a bargain price i'm not entitled? JPM is entitled to wamu for 1.9B if wamu had set the price the problem lies in that FDIC put the price for wamu and did not have that authority.
Just threw that in there before the naysayers could rebut.

GLTA
GO EC...the silent favorable angel on our shoulders
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Mik3k

03/08/10 9:59 PM

#163355 RE: Holyschnikes #163121

Who would ever buy seats on these broken trains that are BK companies if there was no upside?

Would you rather just doom all present and future shareholders in companies that go bankrupt by locking them into their shares unable to sell and recoup anything?

I am buying their risk - the risk is it may go to zero. I am also buying the upside.

Will you also reimburse every person who has lost money in any stock or just WAMU?

Actually, your frustration/anger should be directed towards a system that did not stop trading in this stock the Friday after the seizure and let the people who had money in WAMU bear the consequences of their investment.
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forestflanigan

03/09/10 12:29 AM

#163433 RE: Holyschnikes #163121

If you want, you can call me a vulture, I will not be the least offended.