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mit Dank an "the virginian"(Hauptthread S. 16817):



aus dem IHub:

http://investorshub.advfn.com/boards/read_msg.aspx?message_i…

Frage eines besorgten users:

has anything been proved yet?

i have a lot of friends that say there is no way that JPM and the FDIC which is the government will ever lose this or let there be a settlement. one also said that there were lots of banks during the great depression that were bought at cheap prices but never compensated... says he has never heard of anything like it and that WAMUQ has no solid facts or evidence to prove anything and the government simply cannot and will not lose ... neither will a big bank like JPM. why would the commons get anything because you have to satisfy the preferred and creditors.. etc.. he listed a bunch. he went on to say that why would a shareholder like me or others get money if they werent there for the initial loss.. no one is going to allow a settlement to benefit those that lost nothing...and thats IF there is a settlement... which the likelihood is not that great... :/

I have money in this stock awaiting the conclusion but are we being overly optimistic ?? im just worried now.

thanks a lot.

Antwort von Remington2000:

1st reason I am still buying.I said the exact same thing almost verbatim to the person who told me to look at this cause he knew what I did in a past life. I said to him "You will not beat the FDIC, or JPM. The powers that be wont allow it to happen, they will say due to exigent circumstances we can do whatever we want" (sorta like eminent domain type of screwed). (maybe it was me who said that to you lol) I bought a small block of stock anyway. Then I went to annual Superbowl Sunday morning skeet shooting with some friends and met a BK attorney who drove out with us. I then laughed and asked him a silly question. " Are you familiar with this WAMU case going on?" I swear on my life I giggled like a little child when he said " Oh ya, I know the case very well. Do you own any of it he asked? I said yes what do you think? You actually might get money down to the commons with that case, that was a very messy takeover". I went further to say to him what your friends said to you (verbatim) and he said that this case was not a normal BK and that this judge is the one you want to have that case in front of. USED HER NAME LIKE THEY WERE FRIENDS. He had been in her court before. This is my truth take all with a grain of pessimism cause I would if I were you.
Then I did my own DD, found this board from friend who recommended WAMU to me, and with some more research provided here made an informed intelligent investment. Still buying!
 
aus der Diskussion: Washington Mutual - Faktentread
Autor (Datum des Eintrages): chriroe  (24.02.10 11:07:26)
Beitrag: 1,122 von 2,807 (ID:39000423)
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