Mr Cooper Group Inc (COOP)

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WMIH-Corp Price - Very Simple Explanation

Investors should not worry about WMIH-Corp NASDAQ listed price unless unless buying or selling for one very simple reason.

WMIH is not worth a nickel without a valid business and the business in run-off mode is not what the Street is looking for as a valid business.

The WMIH 600 million funding has to be returned 1/5/2018 so there is less than 80 days left and the price will continue to spiral down.

If the funding is returned, there is about .85 to .90 cents left per share but this will turn into feed for lawyers.

Bottom line is this - until WMIH files an 8K which in my view has to be by Halloween 2017 explaining replacement funding, shutting down WMIH or Qualified Acquisition (QA), the price will continue ticking down to basically zero.

BUT my view is we will see an 8K literally any day or hour now as WMIH has a fiduciary responsibility due to a publicly traded NASDAQ security to give some type of timely update.





Have I told you lately how much more I love my Escrow Shares that continues to grow immensely with every single day going forward?