Replies to post #1686 on Washington Mutual WAHUQ Trust Prf (fka WAHUQ)

[marayatano]

Briefly:

My main point was that Stark aka CRTC was going to be subject to "potential" litigation from EC/Lit Trust.

Reason:

Stark (along with another hedgie, I think called Little Bear) first appeared in an article stating to the effect: WMI will receive tax refunds in the approx. amount of $5.6 billion and P's would be valued at $600 to $800 per share. Shares of P increased to approx. $120 per share.

Later we find that Stark was mentioned in a Atty billing, i.e. he received material information.

Now fast forward to today: Re the article. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67096028

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67098669

Not saying the the last two (2) posts above are Stark receiving material info, because this info was I believe in the latest Opinion of Walrath. That last article just reminded me of the other info I posted above.

Hence the reason why I called Stark our "buddy".

Anyhow, HF cannot sell their shares since they are locked in from the last vote on the POR.

The alternative is, it is possible to sell short H (through wahtever MM), and HF promised to deliver (the the MM) their shares once the lock on their voting shares are released. However, that is speculation as all my posts are.


As for the 30 mill burn rate, that is no longer valid since we are in FJR now.

Thanks, I have to get back to work.

imo of course.