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...and just like PCH you have to be in it to win it, and you ain't in it.
that's good, so you shouldn't be bothered at all when your bought and paid for after bankruptcy shares get diluted by whatever shares in the newco escrows get.
has anyone here read the current info on wamus' Wikipedia page? almost looks like some contributors from here may have been contributing over there. nice
yes they will...but they/we have billions of authorized shares to figure it out how to deal with us/them.
if I'm not mistaken the fdic got a lot more power after 2008 to take over shaky banks and zero equity out. imo, if they had the power they gained after the initiation of this bankruptcy, before this bankruptcy, I seriously doubt we'd be here.
you chart guys have probably already seen this, but I thought this was interesting from 2008.
https://www.stocktrader.com/2008/09/26/a-technical-look-at-the-washington-mutual-brankruptcy/
no? I wondered if you we're the same JB3136 from this board.. yuk,yuk...i just went over there to see if anyone was cross talking about anything at all and there wasn't. just you.
what was the highest authorized share count of wmi at time of filing?
jb you do know that kkr went to court to defend their secrecy(to their shareholders) due to the competitive nature of the business. in fact the wmih bod a couple years ago stated at the meeting that they (the wmih bod) had to be very quiet about their actual intentions going forward(at the time)because news released (leaked)of such, could prompt some other company with deeper pockets to come in and steal it out from under them (wmih). when you're on a train you just have to go where the train goes...we're on a train. jmo
still shows up in TDA
oh, I see. great plan.
to give longs with what they hope are weak hands cause to lose hope. after this long I'd rather be a bag holder...but that I don't believe will happen. hope not.jmo
planning on it...hope it works out
yup, never know what's gonna happen when you start tugging at loose strings
and the fdic is not released per por7
i'd say waiting until after the 10 year anniversary and your markers are gone and your account is no bigger.jmo
so how'd it turn out?
ooo ooo ooo pick me, pick me. THEY DIG DEEPER!
4. Wether any of you believe it or not this is being watched by he court and the lawyers. You can think they left if you want until this is done and F&R happens their in the background. How the hell does a lawyer negotiate a case walks away and his clients are left swinging in the wind not knowing if they get paid or not. Who the hell would hire someone like that?
yup, and the discovery(that can never be acknowledged) has already been done. imo
best post I have read today
our BOD, also stakeholders, have a fiduciary duty to work to build value. it's not beneficial to them or anyone for that matter, to not grow the entity. imo it would be insane for them to try to further victimize shareholders who released, and emerged from bankruptcy with a stake in a brand new company with the majority of original shareholders still here and don't appear to be selling their shares in any great numbers.
wow, I sure hope not, F&F have so far got F'd by the government. that's a conservatorship, not a receivership, and they have paid back every penny borrowed from the people, plus an additional $90 billion with a B. once viable, the conservatorship(s) is(are) supposed to end and the entity returned to the stakeholders...not continue to LOOT the entity..in this case, two entities. this is stuff is being done by congress, not bureaucrats. can you say SLUSH FUND. so, if we have another crisis in the housing market, given the above, the government will have to bail theme out again. what's been done there is take the two now hamstrung entities less dependent on market forces, and more dependent, almost entirely on MORONIC forces.jmo
Have I told you lately how much more, more and more I love my Escrow ShareMarkers that continues to grow immensely every single day forward?
I'm not buyin' it...you didn't color it in red...lol
sounds like we are equally young
young or waiting?
I'm just like you...waiting, with no other choice but to wait...I'm still young I got time.
I haven't missed anything BOB, and I also haven't missed any of the checks I've already received, nor any of the statements that have been MAILED, yes MAILED to my HOME, BOB...just saying what's happened with me and my piers. not opinion BOB...fact.
i haven't received any notice for what's left of mine.
kinda early...but good idea.jmo
it doesn't really matter what I think. they will pay us, just don't know when or how much, but I'd be expecting a whole bunch more than .03/sh. I think everyone is probably frustrated. jmo
really, 10 years ago this bk had not happened yet. please explain. if that's the case why did Jamie offer 8 bucks a share before the filing? there was a short period of a .04-.05 pps in early 2011 and then the first 3 months of 2012...just before the por7 was approved by the parties and the judge.
so I've been told, like I said, I was basing what I said on what happened with the piers and I don't recall being notified that I was going to be receiving a check. it just came in the mail. doesn't really matter, it'll come how it comes.
don't really know...I'm going off of the way piers have been paid so far.
if it is coming through the trust it'll be mailed and if today is the day, then today would be the day it gets mailed.jmo
well, I was just joking a few weeks back about them not paying you because they read your posts, but they really will pay you, as bob says, when they do. with the piers I don't remember getting a heads up before I rec'd a check. they just came and then at some point I'd get a statement from the trust showing the distribution and balance. I'm figuring we'll be taken care of, procedurally, in much the same way. after all, aren't we just another tranche that needs to be dealt with? jmo full disclosure...I had a dinky-ass position in the piers but I did receive 3 times what I invested. oh yeah, and they made a deal.
and you're still hangin' out here looking for clarity? sounds like you're pretty well convinced that we're not going to be compensated, other than wmih and its possibilities. jmo
I bought initially @24/sh and over the past 2 1/2 years I've spent averaging down, so today I'm over 19% in profit with that position(highest it has been for me to date). I kinda see that as a positive sign.
seems like it was 2015. I started buying into kkr in early 2014 after they announced their stake in wmih.
when they reincorporated in delaware
how about we're actually at the end. every other date was made when legal issues had yet to be finalized. everything has an end. fact.
right, and there likely won't be any.