User 227528

WaMu and More: Uninsured Depositors Begging for Trouble

WaMu spokesman Derek Aney said in an email to CNNMoney.com that the company had "increased our available liquidity to more than $50 billion." The company previously had said that its liquidity was $40 billion as of the end of the second quarter.

money.cnn.com/2008/07/...

Hopefully this news will be all over the place on Monday to start the short squeeze windfall.

WaMu and More: Uninsured Depositors Begging for Trouble

In the post titled: “Citi, Merrill, WaMu: Death Spiral Financing” I posted a comment about how this “no brainer” shorts could create a short squeeze that may become the biggest bear trap ever!

The overselling of the stock in the past two days seems to guarantee a short squeeze if the bank isn’t seized by the FDIC this week (which isn’t as sure as you want people to beleive).

I hope your bets are covered…

As for “seeking alpha” editors: Someone needs to realize, the reputation of this site is being jeopardized by one writer who doesn’t bother to disclose his biases.

WaMu and More: Uninsured Depositors Begging for Trouble

This is not first of this kind of “analysis” from your part and it is obvious you are short on WM and WB and others, but you are not helping your cause by not disclosing this fact.

You may make a few dollars with your short positions but your credibility is being ruined by not being candid of your intentions.

If you think credibility is not important then ask yourself why those banks are being shorted and you may realize there are things more valuable than money…

Good luck with your short…