Wm

Ive been watching it all day, I think its going to hold up, but Ive said that a few times already. Tomorrow will be an important day for WM

 

WM is history one way or the other.


http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=OBR&date=20080917&id=9153196

U.S. regulators try to find WaMu buyer: reportSeptember 17, 2008 4:54 AM ET advertisement

All Reuters news(Reuters) - U.S. federal regulators recently called a number of banks asking if they would consider buying Washington Mutual Inc should it eventually falter, the New York Post said, citing sources.

Federal banking regulators, in recent days, contacted Wells Fargo & Co , JPMorgan Chase & Co , HSBC and several other financial institutions to gauge their interest in a possible acquisition of WaMu, the paper said.

No merger discussions are currently under way between the Seattle-based bank and anyone else, the sources told the paper.

Washington Mutual could not be immediately reached for comment.

 

I agree. I think WM is toast. I had high hopes for it but oh well

 

Just bought some MS under $24.00 this morning....

:eek:

 

thank you very much Trendy

 

any news?

 

m22, are you still short this?I gave up after the massive amount of bad news couldn't break this stock below $2. they could get wipeout but I think I had enough with them

 

I am very short WM.

I think it's a "when" and not "if"

 

That was a big volume spike for 1.20pm ET. I find it hard to believe that it's not based on any news / rumor

 

This is only a rumour I've heard on other boards, but WM has until Friday to find a merger partner or the OTS will be forced to close the bank and turn it over to the FDIC.