Washington Mutual WM

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friendsfirst Burbank, Illinois USA
Thu Sep 11, 2008 11:25 AM CST : Washington Mutual WM
Seems dirt cheap here.I Picked up shares. $2.14.

shares plunged as much as 25 percent to less than $2 for the first time since 1990 as investors worried about the credit loss and survival prospects for the largest U.S. savings and loan.

The thrift's shares fell 43 cents, or 18.5 percent, to $1.89 in morning trading on the New York Stock Exchange, after earlier falling to $1.75. They began the week at $4.12, and their 52-week high of $39.25, was set last September 19.

Washington Mutual did not immediately return calls and e-mails seeking a comment.


Old saying.Buy when fearful.

head banger

high risk, high reward.
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agman Eagle, Idaho USA
Thu Sep 11, 2008 12:34 PM CST : Washington Mutual WM
friendsfirst: Seems dirt cheap here.I Picked up shares. $2.14.

shares plunged as much as 25 percent to less than $2 for the first time since 1990 as investors worried about the credit loss and survival prospects for the largest U.S. savings and loan.

The thrift's shares fell 43 cents, or 18.5 percent, to $1.89 in morning trading on the New York Stock Exchange, after earlier falling to $1.75. They began the week at $4.12, and their 52-week high of $39.25, was set last September 19.

Washington Mutual did not immediately return calls and e-mails seeking a comment.Old saying.Buy when fearful.



high risk, high reward.


Too cheap for me. Something is seriously wrong and avoid it like
the plague. drinking
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friendsfirst Burbank, Illinois USA
Thu Sep 11, 2008 1:06 PM CST : Washington Mutual WM
agman: Too cheap for me. Something is seriously wrong and avoid it like
the plague.


So what you are saying is that is would interest you at a higher price.
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friendsfirst Burbank, Illinois USA
Thu Sep 11, 2008 1:07 PM CST : Washington Mutual WM
friendsfirst: So what you are saying is that is WM would interest you at a higher price.
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friendsfirst Burbank, Illinois USA
Thu Sep 11, 2008 1:18 PM CST : Washington Mutual WM
One thing working in WaMu's favor is its valuable deposit base. Bove suspects management is "scrambling to find a buyer."
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agman Eagle, Idaho USA
Thu Sep 11, 2008 1:54 PM CST : Washington Mutual WM
friendsfirst: One thing working in WaMu's favor is its valuable deposit base. Bove suspects management is "scrambling to find a buyer."


We have a bank here in Eagle, but what I have seen is that it is
hardly ever used. I was going bank their once but when they
offered me extremely low interest rate, I went elsewhere.
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friendsfirst Burbank, Illinois USA
Thu Sep 11, 2008 2:27 PM CST : Washington Mutual WM
agman: We have a bank here in Eagle, but what I have seen is that it is
hardly ever used. I was going bank their once but when they
offered me extremely low interest rate, I went elsewhere.


This site has them..WM listed as having the best rate currently.

http://www.bankaholic.com/




High risk,high reward.in reference to the WM share price.So far so good.Looks to be a reversal of sorts,in progress to the upside.yay

Shhhhhhh. innocent
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friendsfirst Burbank, Illinois USA
Tue Sep 23, 2008 12:10 PM CST : Washington Mutual WM
friendsfirst: This site has them..WM listed as having the best rate currently.

http://www.bankaholic.com/

High risk,high reward.in reference to the WM share price.So far so good.Looks to be a reversal of sorts,in progress to the upside.

Shhhhhhh.



By Steve Goldstein
Last update: 4:53 a.m. EDT Sept. 23,
LONDON (MarketWatch) -- The Office of Thrift Supervision is pushing Washington Mutual to find a buyer and is considering brokering a deal to break it up between several banks, the Financial Times reported, citing people familiar with the talks. If no outright buyer emerges in the coming days, the regulator could split WaMu's attractive deposit base and retail branch network and also share its troubled mortgage portfolio, the report said. Those participating in the WaMu acution were J.P. Morgan Chase, Wells Fargo, , Citigroup, HSBC Holdings, and Banco Santander

Good Karma so far.daydream
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agman Eagle, Idaho USA
Tue Sep 23, 2008 12:23 PM CST : Washington Mutual WM
friendsfirst: By Steve Goldstein
Last update: 4:53 a.m. EDT Sept. 23,
LONDON (MarketWatch) -- The Office of Thrift Supervision is pushing Washington Mutual to find a buyer and is considering brokering a deal to break it up between several banks, the Financial Times reported, citing people familiar with the talks. If no outright buyer emerges in the coming days, the regulator could split WaMu's attractive deposit base and retail branch network and also share its troubled mortgage portfolio, the report said. Those participating in the WaMu acution were J.P. Morgan Chase, Wells Fargo, , Citigroup, HSBC Holdings, and Banco Santander

Good Karma so far.


I'll pray for you. laugh
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lovestrees Tacoma area, Washington USA
Tue Sep 23, 2008 12:33 PM CST : Washington Mutual WM
friendsfirst: Seems dirt cheap here.I Picked up shares. $2.14.

shares plunged as much as 25 percent to less than $2 for the first time since 1990 as investors worried about the credit loss and survival prospects for the largest U.S. savings and loan.

The thrift's shares fell 43 cents, or 18.5 percent, to $1.89 in morning trading on the New York Stock Exchange, after earlier falling to $1.75. They began the week at $4.12, and their 52-week high of $39.25, was set last September 19.

Washington Mutual did not immediately return calls and e-mails seeking a comment.Old saying.Buy when fearful.



high risk, high reward.


Thanks for the info. Last week you said you bought some at the 1.75 low? Never bought any stock before personally. Looked into finding a broker and found the usual quagmire of pitfalls lurking on the Net.

Any idea what it takes to open your own brokerage account?

Any recommendations on how to buy the stock? Thanks man.
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friendsfirst Burbank, Illinois USA
Tue Sep 23, 2008 1:15 PM CST : Washington Mutual WM
agman: I'll pray for you.



In a recent midquarter update, WaMu said its retail deposits of $143 billion at the end of August were largely unchanged from the end of 2007.

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lovestrees Tacoma area, Washington USA
Fri Sep 26, 2008 7:21 PM CST : Washington Mutual WM
lovestrees: Thanks for the info. Last week you said you bought some at the 1.75 low? Never bought any stock before personally. Looked into finding a broker and found the usual quagmire of pitfalls lurking on the Net.

Any idea what it takes to open your own brokerage account?

Any recommendations on how to buy the stock? Thanks man.


Sure happy that no one offered advice about how to buy stock!

Hope you sold your shares before end of trading yesterday!
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friendsfirst Burbank, Illinois USA
Thu Apr 16, 2009 12:24 AM CST : Washington Mutual WM
lovestrees: Sure happy that no one offered advice about how to buy stock!

Hope you sold your shares before end of trading yesterday!


Lookin good.dancing

ALL ABOARD!thumbs up thumbs up thumbs up
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friendsfirst Burbank, Illinois USA
Thu Apr 23, 2009 2:04 PM CST : Washington Mutual WM
Should be $8.00 bucks soon!wink


thumbs up thumbs up thumbs up yay
WAMUQ
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ocean78382 Rockport- Corpus Christi area, Texas USA
Fri Apr 24, 2009 8:07 PM CST : Washington Mutual WM
Stocks should not be evaluated by the price but by the price in relation to the value. A stock is a share in a company. Some companies are divided into 100 shares others 1 billion. YOu find the net worth - earnings etc PER SHARE before you invest.
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friendsfirst Burbank, Illinois USA
Sun Apr 26, 2009 11:47 PM CST : Washington Mutual WM
ocean78382: Stocks should not be evaluated by the price but by the price in relation to the value. A stock is a share in a company. Some companies are divided into 100 shares others 1 billion. YOu find the net worth - earnings etc PER SHARE before you invest.


Ticker (OPBL) Optionable Inc.
Tell me the VALUE of it.

What about CASH per share?
Intellectual property?

TTM Earnings?

Enjoy..That one's on me.
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friendsfirst Burbank, Illinois USA
Sun Apr 26, 2009 11:53 PM CST : Washington Mutual WM
Need to stay somewhat on topic.
GEORGE SOROS GROUP bought INDYMAC.

Thats a hint.
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friendsfirst Burbank, Illinois USA
Fri May 1, 2009 1:53 PM CST : Washington Mutual WM
OPBL
uptic all day.
good time for more share purchases.applause cheering
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friendsfirst Burbank, Illinois USA
Sat May 2, 2009 11:06 AM CST : Washington Mutual WM
friendsfirst: OPBL
uptic all day.
good time for more share purchases.



At the Shareholder Meeting Optionable identified what they consider to be their 3 main assets.

1) The public shell
2) The OPEX Platform
3) Cash

1) I've heard that in many cases the value of a public shell is not more than one million dollars. (perhaps even only 500K)

2) The value of the OPEX Platform. (Their can keep it and run it, or they can sell it for pennies on the dollar vs. what NYMEX valued it at.)

3) Cash: The next 10-Q should give a better picture of the cash value than the recent 10-K. They paid off 2.5M in liabilities to Nordelicht a few days after the 10-K was released and I want to see their accounting on all of that.

Risk: I'd say they are looking at less than 1M to settle the CFTC charges, and perhaps even ZERO.

Looking only at cash and share price, here's a little chart:

If Cash = 9M Then: cash value is = 0.173 per share
If Cash = 8M Then: cash value is = 0.154 per share
If Cash = 7M Then: cash value is = 0.135 per share wink
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friendsfirst Burbank, Illinois USA
Sat May 2, 2009 11:29 AM CST : Washington Mutual WM
.17 cents per share in cash

OPEX platform Scheduled to launch on www.OFXTRADING.COM(under construction)

Looking for persons experienced in sales of high end trading platforms.

Target markes.Asia and Europe.



"OFX - Energy Platform (formerly OPEX) Available for Licensing; Looking for Sales Partners in Asia and Europe

The OPEX Trading platform has become the base technology for a new line of derivative trading platforms, with the first, called OFX Energy, available for licensing to brokerages around the world starting in May, 2009. Future platform releases will target Metals, Commodities, Weather and Currencies.

We are looking for sales and marketing partners in Asia and Europe. If you have a background in selling high-end trading platforms please send an email to cwilson@ofxtrading.com"
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