When this bottoms, watch out!!! Back to 5 quickly.
We all need to remember what Andie is saying. He (she) does have a point about keeping in mind that the current $1.16 isn't anything to get excited about. Yes, it is better than $.50, but we are not even close to getting a decent deal. I went back and looked at Andie's posts, and I think that he (she) lost some major $ in Wamu, and has a much higher basis in the stock than some of the posters who got in later or averaged down.
Getting in later and averaging down is the ONLY way that someone can be half way happy. I got in late and have averaged down, and I am only at a 60% recovery. For those who owned Wamu before Black Thursday, then they may be looking at a 20% recovery right now. Everyone has a different cost basis, and we need to keep that in mind. So far, the deal is starting to go in the right direction (up), but we have to get to at least $5 pps before I will be semi-happy. $10+ and we can order the first round of drinks. I am holding forever dreaming of the day that Jamie, Bair, Walrath, & Rosen face a true judgement day and rot in hell for eternity.
But Joe, I am glad that I fell in love with Bopfan. We are close to fulfilling a dream, and having her here with us would be better than finding out Rosen was getting paid by GS.
Having had a deep crush on you for 3 years, I want to come out now on this Message Board, and tell the world, that I am here today holding a substantial number of shares solely due to the strong faith that I had in you. I believed in what you said. I enjoyed listening to you. We want you to come back to our family. Come over to my house, and let's talk again about our good friend WaMu.
Sentiment: Strong Buy
A stock drops and there are 10's of shark Lawyer Firms trying to bleed money from the company.
When a stock goes up, shouldn't we see these same Law Firms giving the money back? LOL.