Wie weit gehts wieder hoch ? WAMUQ
So ich schalte ab und werde erst wieder ....... rein schauen, denn das ist mir alles zu suspect.
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Posted by: El Mago Date: Friday, October 03, 2008 3:06:23 PM
In reply to: None Post # of 11005
WM Longs... Confirmed 4.50 per share
I didn't believe this when I read it on the JPM board, but called the JPM IR number anyway to confirm. Holy cow!!! Christina at JPM IR confirmed that, yes, we will all be getting something for our shares and said that "4.50 is about right," though she could not confirm the exact price per share, and this will take about three weeks. HOLD YOUR SHARES!
Before anyone claims "pump and dump" (which no longs would do, considering there is nothing to pump), call IR and ask:
Investor Relations
JPMorgan Chase & Co.
270 Park Avenue
New York, NY 10017-2070
212-270-7325
so und nun lasst nochmal ein wenig Kaufdruck aufkommen, ein SK von 0,15
wäre nicht schlecht.
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Bank reports it is solvent: Washington Mutual will udergo changes
Oct 03, 2008 (Los Banos Enterprise - McClatchy-Tribune Information Services via COMTEX)
-- Since JP Morgan Chase & Co. acquired Washington Mutual's banking operations from the Federal Deposit Insurance Corp. last week questions have been asked about the bank's future.
Washington Mutual Spokesman Gary Kishner indicated there's little for the average customer with money in a banking account to worry about.
"Right now it's business as usual," Kishner said.
He referenced JP Morgan Chase's more than $900 billion in customer deposits as an example of the solvency of the bank. He also said banking accounts are FDIC insured up to $100,000 -- talk among the presidential nominees has lately been of raising that amount to $250,000.
Kishner said at the present time there are no plans to shut down the Los Banos Washington Mutual branch.
On JP Morgan Chase's Web site the company boasts about the acquisition of Washington Mutual giving it a presence in California, Florida and Washington state.
Kishner said Washington Mutual is continuing to grow despite the purchase. He said eight new branches will open in the Bay Area this weekend.
The business did not acquire any assets or liabilities of the bank's parent company, according to the JP Morgan Chase Web site.
Kishner said there will be a name change in Washington Mutual's future, but it will take until 2010 before it's fully instituted.
The acquisition of Washington Mutual's banking operations is expected to add more than 50 cents per share in 2009.
--Corey Pride
To see more of the Los Banos Enterprise or to subscribe to the newspaper, go to
http://www.losbanosenterprise.com. Copyright (c) 2008, Los Banos Enterprise,
Calif. Distributed by McClatchy-Tribune Information Services. For reprints,
email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send
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Copyright (C) 2008, Los Banos Enterprise, Calif.
Notice From The Securities Law Firm of Klayman & Toskes to All Investors Who Held Large, Concentrated Positions in Washington Mutual Securities
NEW YORK, Oct 03, 2008 /PRNewswire via COMTEX/
-- The Securities Law Firm of Klayman & Toskes, www.nasd-law.com, announced today that a class action lawsuit, Case No. 08-cv-09801, has been filed on behalf of purchasers of Washington Mutual (OTC: WAMUQ) securities. Potential class members should consider whether they should participate in the class action or file an individual securities arbitration claim.
Klayman & Toskes represents retail and institutional investors who have sustained investment losses as a result of holding large, concentrated positions in a single stock or a specific sector. Many full-service brokerage firms recommended the purchase of Washington Mutual securities to both retail and institutional accounts. However, brokers and financial advisors may have purchased an unsuitable amount of Washington Mutual securities in their clients' accounts, thereby creating a significant over-concentration. Over- concentration exists when 10% or more of the investment portfolio is invested in a single security or sector.
Klayman & Toskes reminds investors of the benefits of filing an individual arbitration claim, as opposed to participating in a class action lawsuit. By participating in a class action lawsuit, an investor will most likely recover only pennies on the dollar. However, if one has experienced substantial losses as a result of being over-concentrated in Washington Mutual securities, it may be more beneficial for them to file an individual securities arbitration claim. In 2003, Klayman & Toskes conducted a detailed study of securities arbitration versus class action. The study concluded that investors who file a securities arbitration claim traditionally obtain an overall higher rate of recovery as opposed to participating in a class action lawsuit. To view the full results of the comparison, please visit our web-site: http://www.nasd-law.com/documents/classvr.pdf.
The attorneys at the Law Firm of Klayman & Toskes are dedicated to aggressively pursuing claims on behalf of investors who have suffered investment losses. Klayman & Toskes, an experienced, qualified and nationally recognized securities litigation law firm, practices exclusively in the field of securities arbitration and litigation. It continues its representation of investors throughout the world in securities arbitration and litigation matters against major Wall Street brokerage firms.
If you have experienced substantial losses as a result of being over- concentrated in Washington Mutual securities and you wish to discuss your legal options at no obligation, please contact Steven D. Toskes, Esquire or Jahan K. Manasseh, Esquire of Klayman & Toskes, P.A., at 888-997-9956, or visit us on the web at http://www.nasd-law.com.
SOURCE The Securities Law Firm of Klayman & Toskes
URL: http://www.nasd-law.com
http://www.nasd-law.com/documents/classvr.pdf
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
WaMu bankruptcy hearing opens with a $5 billion question
Fri Oct 3, 2008 5:26pm EDT
By Emily Chasan
WILMINGTON, Delaware (Reuters) - The fate of a $5 billion deposit dominated the first day of Washington Mutual Inc's WAMUQ.PK bankruptcy proceedings in a Delaware court on Friday.
The 119-year-old bank was closed by the U.S. government last week in the largest bank failure by far in the United States. Its banking assets were sold the same day to JPMorgan Chase & Co (JPM.N: Quote, Profile, Research, Stock Buzz)for $1.9 billion.
Washington Mutual's holding company said in a U.S. Securities and Exchange Commission filing this week that it had about $5 billion on deposit with Washington Mutual Bank prior to its takeover by U.S. banking regulators and JPMorgan.
"It is our understanding that those deposits were taken as part of the transaction with JPMorgan," Marcia Goldstein, a bankruptcy lawyer for Washington Mutual, told Judge Mary Walrath at the court hearing.
As JPMorgan has taken over most of the bank's operations, Goldstein said the holding company has only one senior-level employee left on staff, and no access to computers with records that would help it determine who its creditors are.
The money could potentially be used to pay creditors of the holding company, whose lawyers were concerned about the status of the deposits.
"It sounds very unusual for the holder of a $5 billion account not to be able to make withdrawals from that account," Thomas Lauria, a lawyer representing a group of note holders in the case, told the court.
Goldstein said WaMu and JPMorgan have reached a "standstill agreement" that would require both parties to give each other 48 hours notice if WaMu seeks to withdraw the money or either party decides to take any court action related to the deposit. The agreement is in effect until October 15.
Washington Mutual filed for bankruptcy protection last week, listing $32.9 billion in assets and $8 billion in debt. Several corporate entities, including certain real estate assets, an exchange entity and some insurance business, remain part of the holding company, but lawyers had little information about what was ahead.
"This is not the same business it was," Goldstein said.
Washington Mutual had been one of the lenders hardest hit by the U.S. housing bust and credit crisis, and had suffered from soaring mortgage losses. In the nine-day span leading up to its failure, $16.7 billion in deposits flowed out of the bank, forcing regulators to act.
The rapid downfall of the Seattle-based company, which was once the largest thrift in the United States, has left creditors just as confused.
"We have precious little in the way of facts," said Lauria, who represents a group of 16 bondholders holding about $800 million of senior notes. "We are very concerned about the status of our debt holders and ... how fast things seem to be moving."
Goldstein said WaMu was not seeking outside bankruptcy financing at the time, as it currently has "adequate cash" to fund the costs of the bankruptcy process.
Some WaMu employees not offered jobs by JPMorgan were also expected to return to help the holding company unwind, she said.
(Editing by Brian Moss and Tim Dobbyn)
WaMu existiert noch immer als WaMu und ist NICHT verkauft.Verkauft wurde die Bankensparte mit dem Filialnetz, dem Kundenstamm und und und. Die Hülle WaMu bleibt!Nun ist die Frage:a) War dieser Rauskauf (Klau) überhaupt zulässig? Wenn ich WaMU wäre, ich würde nachdem der Plan heute abgenickt wird, alle Rechtsmittel gegen die FDCI einlegen!b) Wenn dieser Rauskauf von JPM rechtens ist und nicht mehr rückgängig zu machen, bleibt also die Hülle.Dieser Hülle sagte man verächtlich NULL Wert zu. Mitte der Woche stellte sich aber heraus, dass darin noch 32 Milliarden US$ Anlagevermögen sind und 8 Mrd. Verbindlichkeiten. Inwieweit die Zahlen stimmen (das hängt mit Bewertungsgrundlagen und und und zusammen) wird aktuell geprüft. WaMu wurde also das Bankengeschäft geraubt. Es bleibt allerdings noch das Investmentgeschäft sowie Vermögenswerte, die noch nicht genau beziffert sind. Wird der Plan abgesegnet und stellt sich bei der Anhörung heraus, dass die Vermögenswerte wirklich die Verbindlichkeiten überseigen, haben wir gewonnen! Ganz zu schweigen von der Zulässigkeit des Verkaufs des Bankinggeschäfts.
Oder auf welche Bewertung kommen die Fachmänner hier ?
a) beim Zusammenbruch & anschließendem "chapter11" von Lehman Brothers
sowie
JPMC & die FDIC
b) bei der "Schnellschuß-Übernahme" von Washington Mutual
...wird mMn noch "lustig" die nächsten Tage!
Der DOW zog alles mit sich, wenn es zur Erholung nächste Woche kommen wird, zieht es hoffentlich die WM endlich über den Wiederstand der 19/20 Cent Marke, danach ist dann hoffentlich Open End angesagt. m.M. - m.H.
Washington Mutual (WAMUQ) ist nicht abzuschreiben - sondern es gibt eine Recovery Chance:
Selbst Washington Mutual (neues Symbol: WAMUQ oder WAMUQ.PK) die nun im Chapter 11 ist, sollte man noch nicht abschreiben, denn das Papier notierte auf den Pink Sheets am Montag (29. Sept.) bei nur USD 0,04 doch per Freitag (3. Okt.) ging es Intraday bis auf bisher USD 0,18 womit wieder bei hohem Handelsvolumen von hunderten Mio. Aktien knappe 350% Kapitalgewinn möglich waren. Es besteht sogar die Möglichkeit, dass nun vielleicht doch noch ein neuer Deal mit JP Morgan (JPM) ausgehandelt wird, wobei das Papier dann angeblich zwischen USD 4,- bis sogar USD 10,- bewertet werden könnte. Dies ist eine reine Spekulation, doch aufgrund der massiven Sammelklagen gegen die FDIC und JP Morgan die soeben formiert werden und im Ausmass von zig-Mrd. Dollar angesiedelt sind, könnte sich hier vielleicht doch noch etwas ergeben. Hunderttausende Aktionäre regen sich jedenfalls bereits wegen der FDIC Linken auf.
Quelle: http://www.be24.at
Nun zum Online sein, war das Ei oder das Huhn zuerst hier? :-)
Leute, denken ist angesagt, wenn hier noch nicht das letzte Wort gesprochen ist, dann wissen das einige Big Player weit vor uns. Wenn die Shares mehr wert sind als ein paar Cent, was machen dann Big Player?
Sie sammeln was das Zeug her gibt, drücken dann den Kurs bis ins Bodenlose, haben sie alles was Sie wollen, dann lassen sie dem Kurs freien Lauf und es könnte zur Explosion kommen. m.M.
Denn Sie wissen nicht was Sie tun, diese Drecksäcke wissen es aber ganz genau, verlasst euch darauf, wenn es denn so ist/wäre.
http://money.cnn.com/2008/10/03/news/companies/...ection=money_latest
October 3, 2008: 12:54 PM E
WILMINGTON, Dela. (AP) -- Lawyers for Washington Mutual Inc. and its bondholders stood before a Delaware bankruptcy court judge on Friday to tussle over assets - including $5 billion in cash - and set timelines for the organized demise of what was once the nation's largest savings and loan.
On the first day of hearings in the Chapter 11 bankruptcy filing of Seattle-based WaMu (WAMUQ), bondholders who hold $800 million of senior notes expressed concern about control over the $5 billion and called for greater transparency.
...was sold last month in a $1.9 billion fire-sale to JPMorgan Chase & Co., (JPM, Fortune 500) which also assumed its secured debt. It is the largest ever failure of a U.S. bank.
Now holders of unsecured debt are fighting for JPMorgan's $1.9 billion payment and whatever is left of WaMu - other companies, real estate assets - that the investment bank didn't buy.
WaMu filed for Chapter 11 reorganization. It listed assets of $32.9 billion and total debt of $8.2 billion on the holding company level
"We have precious little in the way of facts," said Thomas Lauria, a lawyer for the 16 bondholders. "We are very concerned about the status of our debt holders and ... how fast things seem to be moving outside the court."
http://www.bizjournals.com/pacific/stories/2008/....html?ana=from_rss
The $32.9 billion in total assets Washington Mutual Inc. listed in its Chapter 11 bankruptcy filing could be much lower than originally disclosed because at least part of the assets are company stock that is now worth next to nothing.
While WaMu has not disclosed how much of its assets are tied up in company stock, it said in a recent regulatory filing that “it does not anticipate that there will be any recovery to the company for the common stock interest.”
The company listed debts of $8.2 billion in its bankruptcy filing.
If a large chunk of WaMu’s assets is tied up in its stock, the pool of money available to the company’s dozens of creditors is diminished, said Mark Northrup, a bankruptcy attorney and shareholder of Graham & Dunn in Seattle.
“It means that a substantial percentage of those assets may not be worth very much because they represent the holding company’s interest in a company that has essentially failed,” said Northrup.
In the same filing with the Securities and Exchange Commission, Washington Mutual noted that is has about $5 billion in cash in deposit with its subsidiary bank and “is in the process of confirming the status of those deposits and other assets.”
If it is an asset of the holding company, the $5 billion would be used to pay creditors as part of the bankruptcy, Northrup said.The holding company declined to comment Wednesday.
Wenn man hier liesst, dass die Werte auf 5$ -10$ gehen sollen, Schwachsinn.
Alles was hier geht, ist ein Zock! Siehe Lehmann...
LG
Aber ich bleibe am Boden, aber einen Zock oder was auch immer kommen mag, bis zu meinem persönlichem Ziel von ?,??.- Euro, würde mir schon ausreichen.
@ Kicky, Berichte einstellen ist das eine, was aber noch hinter den Kullisen am laufen ist, ist das andere. Wer bekommt was steht doch noch gar nicht fest. Was wäre wenn vom "Rettungs Paket Kuchen" ein paar Krümmel abfallen? Was ist wenn eine Übernahme, zu einem gutem Preis, was ist wenn ein weisser Ritter aus dem nichts auftaucht, was wäre wenn..........
So könnte es gehen, aber es könnte natürlich auch anders herrum gehen. :-)
Es gibt immer 2 Seiten und auch zwei Richtungen. Für einen Zock, spricht bei momentaner Nachrichtenlage zumindest nichts dagegen, etwas Spielgeld einzusetzen. Ich zumindest liege schon ein wenig vorne und werde mal sehen was da noch so geht. :-) m.M.