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MONICALAW

01/14/11 4:23 PM

#271100 RE: Wamunut #271098

Thank you Wamunut, I think we might get a settlement anytime now before the Jan 20th Omnibus day , IMHO, It wouldn't be our DREAM SETTLEMENT, but will make us happy enough ....Remember that JPM profits for 2010 is out already so the settlement negotiations makes sense....what do you think?????
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drkazmd65

01/14/11 4:26 PM

#271101 RE: Wamunut #271098

This would definately seem to be a good thing.

So - I assume the German markets are open on Monday. Would we expect a settlement announcement (if there is one) to come before open on Monday (in Europe) or to wait until before the open in Wall Street Tuesday?

Obviously - this is all just speculation (again), and I ain't buying or selling anything more at least before Tuesday, but I always love reading the speculation.

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gophilipgo

01/14/11 4:32 PM

#271102 RE: Wamunut #271098

My hunch is that those purchasers were made by speculators. We've seen this many, many times with WAMU on weekends where settlement talks are speculated on. If a settlement were actually in the works, I think we'd see significantly more volume across all classes, particularly the preferreds, and the Ps didn't even trade 10,000 shares today.

Sorry if I'm being a party pooper.
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JMac9

01/14/11 4:32 PM

#271103 RE: Wamunut #271098

Thanks Wamunut.