jack matalka's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/228092/comments http://seekingalpha.com/article/87209-banking-sector-band-aids-just-won-t-do-it?source=feed#comment-434265 434265 Sat, 21 Mar 2009 00:36:27 -0400 http://seekingalpha.com/article/91137-don-t-believe-the-lies-ride-the-bank-stocks-bull?source=feed#comment-231252 231252 of the money making machine. The only thing left for them to do is wish, wish, wish. Soooooo if you are not in financials at yesterdays bottom, its still not too late, todays bottom is also good.
you don't need to BAD MOUTH the ones who are in it and laughing all the way to their WM, BAC, etc. ]]> Fri, 15 Aug 2008 12:05:07 -0400 of the money making machine. The only thing left for them to do is wish, wish, wish. Soooooo if you are not in financials at yesterdays bottom, its still not too late, todays bottom is also good.
you don't need to BAD MOUTH the ones who are in it and laughing all the way to their WM, BAC, etc. ]]> http://seekingalpha.com/article/90657-wamu-intensification-of-stealth-buying?source=feed#comment-230682 230682 Thu, 14 Aug 2008 18:37:40 -0400 http://seekingalpha.com/article/88196-five-stocks-to-own-now-that-the-dow-has-bottomed?source=feed#comment-221937 221937 These are my personal observations as I stood in line at a WAMU
branch in California. I trust my eyes a lot more than the ramblings
of the experts, nevermind how many stars they pass out.
You might want to ask the 200,000+ Ca. state employees, that had their wages reduced to minimum wage, if we live in a "Golden State".
]]> Mon, 04 Aug 2008 00:43:09 -0400 These are my personal observations as I stood in line at a WAMU
branch in California. I trust my eyes a lot more than the ramblings
of the experts, nevermind how many stars they pass out.
You might want to ask the 200,000+ Ca. state employees, that had their wages reduced to minimum wage, if we live in a "Golden State".
]]> http://seekingalpha.com/article/88523-the-wamu-mess-no-surprise-here?source=feed#comment-220444 220444 So if you are shorting as I suspect along with 274m as of 10 Jul 08
I feel for you. Thats all you get from me. You should have not painted yourself into the corner. The only thing you can do is buy back double what you shorted. Then wait it out.

]]> Fri, 01 Aug 2008 14:05:09 -0400 So if you are shorting as I suspect along with 274m as of 10 Jul 08
I feel for you. Thats all you get from me. You should have not painted yourself into the corner. The only thing you can do is buy back double what you shorted. Then wait it out.

]]> http://seekingalpha.com/article/88196-five-stocks-to-own-now-that-the-dow-has-bottomed?source=feed#comment-219856 219856 Fri, 01 Aug 2008 01:55:07 -0400 http://seekingalpha.com/article/82326-buyout-not-the-best-option-for-wamu-shareholders?source=feed#comment-218965 218965 ]]> Thu, 31 Jul 2008 00:03:51 -0400 ]]> http://seekingalpha.com/article/87528-of-rumors-and-bank-runs?source=feed#comment-217773 217773 that comes from this column. The investing public is aware of what the shorts are doing. They'll wait them out. Sooner or later they have to cover what they (borrowed or believe borrowed) and then we'll see who gets the last laugh. There are 400 millions shares shorted recently. 85% of WM is institutionally owned long term. Not available for trade. 15% available for trade. Thats about 200 million. Do the math. Too many shares shorted not enough
available to buy back. Its a waiting game. Holders vs shorts who will give first? My money on the shorts. They'll give first and stampede the available shares and send the stock to double what is now. Your guess is as good as my guess. ]]> Tue, 29 Jul 2008 17:17:52 -0400 that comes from this column. The investing public is aware of what the shorts are doing. They'll wait them out. Sooner or later they have to cover what they (borrowed or believe borrowed) and then we'll see who gets the last laugh. There are 400 millions shares shorted recently. 85% of WM is institutionally owned long term. Not available for trade. 15% available for trade. Thats about 200 million. Do the math. Too many shares shorted not enough
available to buy back. Its a waiting game. Holders vs shorts who will give first? My money on the shorts. They'll give first and stampede the available shares and send the stock to double what is now. Your guess is as good as my guess. ]]> http://seekingalpha.com/article/87315-wamu-8217-s-cards-restructuring-is-about-the-only-one-left?source=feed#comment-216672 216672 and can't find them so they trash WM to keep it at 3 dollars a share. That gives them few million shares to can borrow and purchase to cover.
Can you imagine what would happen to WM price if all the naked shorts try to cover their shorts all at the same time? Think about it. Sooner or later they'll have to.]]> Mon, 28 Jul 2008 13:48:27 -0400 and can't find them so they trash WM to keep it at 3 dollars a share. That gives them few million shares to can borrow and purchase to cover.
Can you imagine what would happen to WM price if all the naked shorts try to cover their shorts all at the same time? Think about it. Sooner or later they'll have to.]]> http://seekingalpha.com/article/87209-banking-sector-band-aids-just-won-t-do-it?source=feed#comment-215841 215841 due to a one time writeof which is not really a write of Just changing the location of the cash from one account to another account for the incase arguement. The incase argument says that if we have to write of the bad loans we can do it without having to spend any money to write off the loans. Which again means we can juggle the accounts. Which means we'll be able to foreclose and turn the forclosed property to our sell dept which will sell it at a profit/loss and recover most of our money through the sale and later show big profits since the whole thing was written off earlier and now the new money is all profits. Okay what does all mean. It means that soon they will run out of bad loans to foreclose on and
the people who stayed with the stock all 85%(institutions) will end up laughing all the way to the bank(WM) to deposit their big huge profits. While the cry babies will cry all the way to sleep. The shorts whether naked or dressed will recover some of their capitol but not all since there isn't enough shares to buy back out there.]]> Sun, 27 Jul 2008 15:15:51 -0400 due to a one time writeof which is not really a write of Just changing the location of the cash from one account to another account for the incase arguement. The incase argument says that if we have to write of the bad loans we can do it without having to spend any money to write off the loans. Which again means we can juggle the accounts. Which means we'll be able to foreclose and turn the forclosed property to our sell dept which will sell it at a profit/loss and recover most of our money through the sale and later show big profits since the whole thing was written off earlier and now the new money is all profits. Okay what does all mean. It means that soon they will run out of bad loans to foreclose on and
the people who stayed with the stock all 85%(institutions) will end up laughing all the way to the bank(WM) to deposit their big huge profits. While the cry babies will cry all the way to sleep. The shorts whether naked or dressed will recover some of their capitol but not all since there isn't enough shares to buy back out there.]]> http://seekingalpha.com/article/85960-as-wamu-wachovia-ready-earnings-comparisons-to-wells-usb-are-telling?source=feed#comment-211222 211222 WB and WM moved up the past week due to the big banks reports and they will suffer because of anticipated write downs by WB. Not a single fact about WM except the mentioned of it with either BA or WB by association and implication. This article is no different than the stuff written by the naked shorters when rumors flew.
This is another form of this sham. Guilt by association. bad, yes. as bad as you imply, NO.

]]> Tue, 22 Jul 2008 00:44:24 -0400 WB and WM moved up the past week due to the big banks reports and they will suffer because of anticipated write downs by WB. Not a single fact about WM except the mentioned of it with either BA or WB by association and implication. This article is no different than the stuff written by the naked shorters when rumors flew.
This is another form of this sham. Guilt by association. bad, yes. as bad as you imply, NO.

]]> http://seekingalpha.com/article/85447-what-pushed-the-sec-to-tighten-the-rules-now?source=feed#comment-210224 210224 Sun, 20 Jul 2008 21:23:50 -0400 http://seekingalpha.com/article/85447-what-pushed-the-sec-to-tighten-the-rules-now?source=feed#comment-208337 208337 NK) rules prohibit shorting unless there is an uptick in stock being gang raped by hedge funds. The uptick suggests buy activity of this same stock. Meaning the NKs must cover there NK positions since the underlying borrowed stock no longer existed (changed owner) at their broker/bank market maker. If this is not happening (can be easily verified by SEC investigators), and the NKs are benefiting from both end of the trades, Then a conspiracy to defraud is in the making as well as a breach of inside trading rules. Lets put an end to this activity by finding the perpetrators and show them no mercy. ]]> Fri, 18 Jul 2008 05:06:49 -0400 NK) rules prohibit shorting unless there is an uptick in stock being gang raped by hedge funds. The uptick suggests buy activity of this same stock. Meaning the NKs must cover there NK positions since the underlying borrowed stock no longer existed (changed owner) at their broker/bank market maker. If this is not happening (can be easily verified by SEC investigators), and the NKs are benefiting from both end of the trades, Then a conspiracy to defraud is in the making as well as a breach of inside trading rules. Lets put an end to this activity by finding the perpetrators and show them no mercy. ]]>