messages.finance.yahoo.com/Stocks_(A_to_Z)/...;tof=3&frt=2
ZItat myh1668:
Read the board today and the whole first page is the same thing:
Injustice.....
There are something hidden in new co.....
judge is bad......
EC sold out......
EC did not sold out......
I am getting mad as I read on. This is not going to work!!!
We need directions, we need actions!!!
There is no need to have a legally formed self-EC. All we need are action oriented trusted longs. For this I nominate Jberg, Gov, AZ, Gib, Nate and Bet if she is up for it. Any combination you guys like. What we like here is not investment advice like how to vote, but a line of actions for unhappy longs.
If you are happy with this settlement, then just vote yes and give releases.
If not, what are the options?
There are only three types of Equities shareholders:
A) Prefers only holders
B) Prefers and Commons holders
C) Commons only holders
This mini-EC needs to be comprised of commons holders (unless there are prefers holders who are extremely unhappy with this settlement and rather get nothing and sue). We needed to start doing some research. Some of the things needed to be sure before we can make important decisions.
We needed to decide:
A) Is commons' compensation is enough? (everyone bought at different prices so this is especially for pre-seizure longs).
B) If we vote NO, and retain releases on commons, what are the litigation choices? In other words, who can we go after and for what? Can we piggy back on Anico?
C) if WMI's stocks are cancelled if this plan confirmed, will we lose the rights to sue, even we did not give releases?
D) which lawyers should we pick for the fight?
E) are there enough longs who are serious wanting to forgo the new co for a chance to sue?
There are probably more but these are just starters.
Only after we have an organized effort will anything be meaningful.
Right now, everyone is afraid to be left out. Who wants to be the only longs who disn't give releases and got no distribution? Rosie is betting we won't be organize enough, so he got the get out of jail free card.
What after comparing the results from the above question, our Mini-EC members can advice us the best actions to act together.
If enough Commons not happy with POR7, no releases together and retain lawyers to sue. Prefers AND Commons together holders can still choose to support this group by voting yes on prefers and no on commons.
We don't want to be stupid and just act as this is life changing decision here. We don't need no UST to tell us who to listen to. Of course it is important to gO through the Hearings and then make our choices but since yes or no on the releases need to be make very quickly (before the Feb deadline), we need to know how many longs want to fight, and how many longs wanted to move on.
Pick those mini-EC members now, then email them your desire to continue fighting or move on plus your yahoo screen name using your yahoo email (we need to be sure of no bashers are counted) after we have answers to those questions above. mini-EC members will then tell us how many people want to sue. Doing this will help longs here since obviously if a lot decide to not take this settlement, a group effort is much safer and productive then single efford and all who vote will vote knowing they are not alone. mini-EC will not tell anyone who decided on what preliminarily, so no fear of calling each other names and traitors. Anyone changing their decision need to inform mini-EC so is not a lock in decision. (Please understand that those who emailed does have a moral obligation to follow through, unless notifying nini-EC 3 days ahead of the releases deadline).
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Zitatende
MfG.L:)
Alles nur meine pers. Meinung, kein Kauf- oder Verkaufs-Empfehlung!