Questions asked and answered by HBOMBER
- Q:
Pickers: Is anyone else fuming over the WAMU seizure? There is a growing group
of people interested in a class action law suit over the premature seizure of
WAMU. Personally I've lost 250k, my wife, my house, and any confidence in our
government, the financial system, and corporate America. Learn to hunt,
identify edible plants. Never again will I put money in this system. If you
are playing with real money you should be very pissed and alarmed. This can
happen with WB, (it won't because ot the political ties) and they can seize
anything at anytime. I'd rather make 0% and keep my money in a shoe box than
have to keep an eye on these absolute thieves. Below is a post from a another
site. Please spread the word.
There is most definitely a case against the FDIC/OTS/JPMorgan......
First....the withdrawn deposits alleged of $16.billion has not been substaniated
by the company at this point. It is a claim by the FDIC/OTS possibly to try and
justify their action. If in case this allegation is true it is reported that
these withdrawals were basically from those accounts over $100,000 within the CA
branches.This would have maybe justified a partial action by the FDIC to take
over the CA branches only not the entire 2200 branches of WaMu....Also waiting
one more business day would not have been catastrophic for a company that the
FDIC even admits was solvent and they felt only was having a liquidity problem
that the company has yet to make a comment on.
Secondly the withdrawals that were made were caused by the constant negative
media and reported actions by the FDIC/OTS in the last two weeks causing
unnecessary panic and fear to the public.
While WaMu was trying to arrange a sale through GS in an auction type arena...
The FDIC was conducting at the same time a "secret auction" that WaMu management
was not made aware of. This potentially caused damage to WaMu in not being able
to obtain a valid offer from any bidder in their auction through GS due to the
fact that these potential buyers were already involved simultaneously with the
secret FDIC auction and would therefore just wait so as to take WaMu's good
assets for pennies on the dollar.
And the FDIC made this wrongful and premature seizure/sale just one business day
before Congress could resolve the MRT Act in which everyone knew this would have
change the entire game for WaMu and placed it at a much higher worth after
ridding it's toxic assets to the new MRT entity....
This is not a coincidence the way this all worked out...It was a deliberate and
intentionaly collaboration to steal WaMu's assets from it's shareholders and
needs to be further investigated and prosecuted.
With a law firm not afraid to take on the govt...This will be a historical
case....I for one am laying my foundation to file my petition in the Federal
Courts in the State of MA where I live and serve the FDIC through their agent
for process in Braintree MA this week. I am awaiting to see if the company is
first planning to take action as I emailed WaMu over the weekend and am waiting
for their response. -
Asked by HBOMBER -
13 days ago -
6 answers -
155 views
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A: HBomber~I am so very sorry to hear of all your losses. I had no idea. I truly regret my
comment about the lipstick over the SIRI. It is a little joke we women tell each other
when things are really, really bad. No amount of joking is going to help you with these
kinds of losses. They are quite substantial. I have to say in that list of things that
you have lost, you do not say that you have lost confidence in yourself. Needless to say,
many others would have. You are a fine person. Good luck to you and Godspeed.
Kathy in NJ more - Post your own answer
- Q:
Be safe Texans!!
What does this do to the market Monday?
Commodities, and stocks tied to commodities up, and TECH, Financials, etc down?
What happened when Katrina hit? I hate to think about myself at a time like
this, but my port looks like IKE hit it dead center. Even being diversified is
not working. I would hate to start shorting here too, I don't have the time to
bird dog all day. -
Asked by HBOMBER -
28 days ago -
3 answers -
96 views
Bookmark this User - Bookmark this question - Report Abuse - A: Go long Lowes, Home Depot, FMC(super secret squirrel play), nat gas providers. more
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- Q:
JIM CRAMER: That was the best first segment I've seen since I started watching
MM. I believe you are on to something, thanks. -
Asked by HBOMBER -
1 months ago -
1 answers -
36 views
Bookmark this User - Bookmark this question - Report Abuse - A: Another satisfied customer ! more
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- Q:
Irony: How do I put EPCIERM on ignore? Having to comtemplate what the hell he
is thinking is really getting in the way of me losing money. LOL! -
Asked by HBOMBER -
1 months ago -
2 answers -
29 views
Bookmark this User - Bookmark this question - Report Abuse - A: Irony...lmao roflol more
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- Q:
How much of Apple's pain is hedge fund and sector rotation related? All the
headlines do not pencil. They are growing the Mac, IPHONE is en fuego, ITUNES
etc. The short interest is not that great. This has to be massive dumping not
strategic correct? I thought we supposed to be out of the redemption woods
Monday. Will a rate cut reverse this prolonged crash? -
Asked by HBOMBER -
1 months ago -
3 answers -
70 views
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A: H, Apple is caught in the death throes of the last leg of a Bear market. When everything
gives up the ghost, the bear is over. Commodities are dying a horrible death, and now
tech is getting killed. When pharma and staples die out it is the final nail in the
coffin of the bear.
In other words, I think it is strategic. No I do not think rate cuts will help. more - Post your own answer
- Q:
For those of you that don't have me on ignore I thought I would share something
positive for a change. GBE up 28% at close and 40% intraday. It has been cut
to about 30-40% of it's post merger price, they are doing a 25 million share
buyback (also did away with the dividend) The last 2 days have seen 10x normal
volume which means a couple things. They are buying back, or institutional
investors are getting in early cycle. I'd like to think both are driving this
but I can't tell. The Chairman has been buying hand over fist, and it's trading
below book value and will be a force IMO. I'm long at 5.75 and it's spec but
there is something going on here that could be worth a look. Happy Trading -
Asked by HBOMBER -
1 months ago -
3 answers -
42 views
Bookmark this User - Bookmark this question - Report Abuse - A: had trouble with that gap, a close above todays high and id be interested more
- Post your own answer
- Q:
CRAMER: THE BOTTOM IS IN!!!
BAWWWAAAAAWWAAAAA. BUY HAND OVER FIST!
MAN ARE YOU A CLOWN, JUST SHUT UP ALREADY! -
Asked by HBOMBER -
2 months ago -
5 answers -
64 views
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A: picked a good week to go on vacation, but come on man this is why you don't listen to him
and make your own judgements on things more - Post your own answer
- Q:
Jim: I hadn't seen the show until late last light. Wow! You put a bullet in
the head of SIRI yesterday. Great job pal. My question is; how in your
infinite wisdom could you be so wrong. SO WRONG, or better yet so irresponsible
with the CRAMER EFFECT. A lot of your followers won't except the fact that you
are now on your own wall of shame. Everyone is calling you out. When I first
came on this site I thought your detractors were just bashing you for no good
reason. Now, I believe you have a multiple personality disorder. Your bullish
take on this stock as posted yesterday speaks for itself and you have no
business IMO continuing in your current capacity. Additionally, You really need
to get rid of the lamest part of your show, the Lighting Round. I can't tell
you what an ass that makes you look like. And sudden death?? Just, inflict
harm on yourself or something. Like "I'm Jim Cramer have a good night" and have
somebody punch you in the mouth for real. Or light yourself on fire, it would
have a most desirable rating effect and you would not piss off your insider
friends. A lot of people followed you on SIRI, JIM. Last night lottery ticket
scene was compulsive and very harmful. Two things we try to avoid, right? PUT
SOME FREACKING THOUGHT INTO YOUR PROGRAM! If anyone is new in here read
drummerboy post to his own post. Think for yourself, listen to everyone, follow
no one. The loudest guy in the room is probably the dumbest. And never trust
whitie. I'm done with this market and everything it's not. Going surfing, good
luck to you all.
PS Valuemac has my free rant pass, get it from him. -
Asked by HBOMBER -
2 months ago -
15 answers -
236 views
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A: SIRI was never meant to be investible. A trade pure and simple. Why do people persist in
holding on to this one?? The youtube post, comparing apples to oranges. Anyone who
follows the show closely realizes that the gameplan segment is the only specificly trading
oriented segment on the show. Any trade should have a catalyst, after it fails or does
occur you get the hell out of it. Buy the stinky stuff on monday, come tuesday or
wednesday not working get out. He's talking about an investment in the later segment on
June 20. Anyway hbomber sorry for your luck, have a good life. more - Post your own answer
- Q:
Jim: A Powerhouse??? A 5 dollar stock??? You hurt a lot of people today to
further ad insult to injury. You and Goldman all the way huh buddy. F U,
former big fan. -
Asked by HBOMBER -
2 months ago -
19 answers -
412 views
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A: anybody do any calculations on that 30% up turn bonds to shares...siri currently 1.88 if
it goes up 57 cents that's the 30%, i'm sure most of you could pick something else that
goes up more than 57 cents. more - Post your own answer
- Q:
PICKR POLL: Next week is pretty light in terms of economic releases, especially
compared to this week's data. There are only a couple of reports scheduled but
none are considered to be of high-importance. Given that the market responded
somewhat well to todays news, won't this be good for the markets next week? The
dollar showed some strength and oil backed off of it's highs. I don't see where
the bad news is but I see some pickers still calling for another round of blow
ups? Don't want to beat this thing to death but after this week I gotta believe
there is a rebound coming. -
Asked by HBOMBER -
3 months ago -
6 answers -
67 views
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A: i expect next week to be just fine as long as GE is fine on friday. I expect oil to be
lower by the end of the week and the energy sector to lag. Basic material could lag also
but not as much. Without any major global issues over the weekend and the bear stearns
FED eval release later today is fine i expect next weekend to be pretty and at the worst
another bounce off the 1250-1260 level. more - Post your own answer
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