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Re: Maniek post# 490596

Thursday, 10/05/2017 1:40:18 AM

Thursday, October 05, 2017 1:40:18 AM

Post# of 727405
The PPS is irrelevant for them. They said on the conference call and/or shareholders' meeting, the PPS does not matter, only on the day of a qualified acquisition. And they also said that they don't watch the PPS, they only "monitor it" on a monthly basis if I remember correctly.

I am sure this BOD will do NOTHING to increase the PPS UNTIL THE DAY THEY ANNOUNCE a definitive agreement for a qualified acquisition.

They don't care about the PPS, why should they? Gallagher and Fairfield get more shares the lowert the PPS is, as I've pointed out here:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129244086

And because they won't do a merger, but an acquisition (IMO most of it with debt instead of shares), I think the PPS doesn't play a major role...

Remember when this stock started to be traded? It was not an BOD intention was it?
So perhaps they still care less?
PPS must be irrelevant to what is really going on here....
IMO


=====> Just my personal opinion, no investment advice!
=====> I am long WMIH

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