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JusticeWillWin

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JusticeWillWin

Re: JB3136 post# 495588

Tuesday, 11/14/2017 11:07:38 AM

Tuesday, November 14, 2017 11:07:38 AM

Post# of 727576
My WAG: I think most retail investors (and IMO also funds) added more and more WMIH over the years, especially all the time before the failed deal in 2015, and perhaps, in anticipation of another deal in the following month. I can confirm I now have more shares than I should have!

As time went by without the announcement of a deal and without ANY meaningful news, nobody dares to buy (substantially) more shares. If there are really no leaks from the BOD and no insider information to any funds (and we saw no meaningful PPS jump in 09 or 10/2015 before the failed deal), then the funds are in the same situation as we are!

NOBODY knows ANYTHING! Nobody wants to sell, but nobody really wants to buy more. Everyone is sitting on their shares. If there is absolutely no buying pressure, it is very easy for the market makers to control this stock and move it down with 100 share trades over and over again. And perhaps there a huge stop loss positions @ $0.60, $0.55 oder $0.50, who knows...

The volume is indeed too low for beeing a sell-off.

So, it is not a problem with selling, but a problem with not buying any more shares. MMs can do what they want when there is no buying pressure.

JMO

The low volume nature of this all bugs me though. Is it real or a bid rig game? bunch of damn jerks 

  
 --------------------------------------------------------- 
 -    Just my personal opinion, no investment advice!    - 
 ---------------------------------------------------------

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Volume:
Day Range:
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Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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