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Position Updates: WM

by The Fly on March 28th, 2008 at 11:54 am

“Wamu” is the worst bank in America. Plus, their new slogan “Whoo-Hooo!” is fucking childish ridiculousness. Who the fuck wants to put their hard earned savings in a bank that thinks “Whoo-Hoo!” is a smart marketing slogan to attract big money?

On their website, they proudly exclaim: “Most banks are grey, that’s just not our style.”

No fuckers. Your style is to go bankrupt, because you are being run by a bunch of adolescent retards, who gambled the institution on homeless guys in need of a McMansion.

Whoo-Hoo!

Disclaimer: Heavily short (WM: 3.90 -4.88%)

11 Responses to “Position Updates: WM”

  1. aris Says:

    i hate WM almost as much as i hate POT.

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  2. AL Says:

    Now Cramer is saying the whole market is rigged by short hedge funds! So shorting was alright when he did it but not now.

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  3. Juice Says:

    So the shorts are gang tackling now, so what? They got run over on the way up, its their turn now. Turnabout is fair play.

    Its part of the game. Just cause its going against the bulls now, they whine.

    Pathetic.

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  4. Juice Says:

    Short ADVS. They provide software to financial companies, hedge funds, brokers, banks.

    The Company’s clients include asset managers, investment advisors, prime brokers, fund administrators, hedge funds, family offices, banks and trusts. Clients also include corporations, public funds, foundations, universities and non-profit organizations that perform similar portfolio management functions

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  5. Dinosaur Trader Says:

    Great post.

    -DT

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  6. JakeGint Says:

    Brucie,

    What about that other bank software company…?

    Starts with an F maybe?

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  7. DPeezy Says:

    Makes me feel good about my WaMu checking accounts. Whoo-hoo!

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  8. nullpointer Says:

    Juice/Jake-

    another software play that derives 50% + of revenue from the financial sector is ACTU.

    they have already been woodshedded though, dont know about the short at this point

    i was actually looking at them as a potential long….

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  9. polishedknob Says:

    homeless “guys” not “guy’s,” you fucking ignorent (sic) douchebag (sic)

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  10. howard lindzon Says:

    hysterical.. the world is indeed upside down

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  11. MMX Says:

    Yo flyboy, my dear amateur, you still talking trash? :)

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