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rramirez82

10/29/10 12:43 PM

#245910 RE: sunshinevibrations #245901

And that, my friend, is the point upon which transparency closely borders manipulation. Think about it - but for our tireless due diligence, analysis and self-education, we would be just as ignorant as everyone else. The average investor, acting reasonably and in reliance on the media's ability to report facts, should be just as invested in WAMU as we are. It's the obvious story-spinning and mockery of our legal system that make normal people think we're crazy for betting on a bankrupt holding company.

On the other hand, it's pure unadulterated capitalism - and we will benefit as a result of our dedication and ability to go the extra mile with our collaborative due diligence and analysis. We might as well put on dinner coats with an I-Hub crest when we get to Vegas, because we're part of a very small percentage of the population that (hopefully) helped each other reach some form of self-actualization in the economic sense. We are also "too clubby" (or I-Hubby, really, haha) to fail - but the only difference between us and the Dimons of the world is that we will have abided by the law and refrained from manipulative and/or deceptive practices to earn a return on our investments.
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dmceng

10/29/10 12:49 PM

#245912 RE: sunshinevibrations #245901

sunshine

And WMI really helped us out by going into BK Court. I could never have invested in a stock like this otherwise especially the preferreds. To rich for my bloodline and I am not a pauper byany means!!

Take Care
David
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Yanik

10/29/10 1:09 PM

#245928 RE: sunshinevibrations #245901

I 110% agree with your entire post.

I would add that arm's of MM's with potential special interests have a big hand in this as well. dirty crooks.