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Can you provide a link for the "doing nothing" part? I see this moving along just fine. They hired Blackstone, they are making payments, they are settling claims, they are conducting their annual meeting. Selling is an option for you, and it can set you free.
Can you provide a link or press release for the supposed factoid?
Ridiculous, IMO. The BOD owns shares so it is in their best interest to make things happen.
This could go to .30! She's moving up.
Thank you TF. I like your sensibility.
I am glad others keep having the "last word" as you say. It helps to clear up your statements.
Stock price will be up 5X from current level by year's end. IMO. I've seen it too many times. Good luck.
Things will change soon for the better. WMIH was created to provide wealth for the shareholders, and BX was hired to make it happen. I am glad we are in the hands of Blackstone.
It could be next week. Nananana.
I am loading up. I'll put my faith in BX and this company over the likes of message board posters. You don't know all. No one does.
Just try catching it to buy one morning when the PR comes out. You won't be able to.
Whatever. I continue to buy.
I think your posting is a well orchestrated charade to get people to sell their shares. Next...
If they wait until 2030 to utlize the NOLs, their own shares will be worth less, or worthless. Common sense, and scare tactics by message board posters if you ask me!!
BX has actually done plenty behind the scenes to advance this. Prove that I am wrong...
Do you have a link or some proof of that? No? I didn't think so.
Anytime you have a supposed "long" declaring to the world that they are GOING to sell, it means they are actually holding and buying. Only a dimwit would work to drive their own equity position into the ground. If someone wants to declare that they sold and moved on, then I might believe that. GLTU.
Nothing but scare tactics going on. I am buying more. And I mean that to the depths of my soul. I've missed too many 10X baggers listening to negative ninnys. This holding company was formed for a reason, and a good one at that, and I am trusting in it. Simply.
I agree. I come here and mostly see all this belly aching about what happened in the past. Theft. Deeep in the night. yea, yea, yea. We get it. This is the new holding company. If anyone thinks the past will repeat itself and is an indication of the future, then they certainly can sell and move on. I prefer to wait for the new plan to unfold. Of course matching up a company to our billions of NOLs, or acquiring one, is going to take some time. Did anyone really think it would all be done by now, seriously? And no they cannot lay out their hand to the likes of everyone. The things they need to do to get to where we need to be are overwhelmingly confidential. I'm happy to let it ride. GLTA true longs, and to others, I'll say, your bashing attempts are pretty obvious.
Looks like quiet accumulation to me. Big blocks going off every now and then. GLTU
thank you for the grounded post
and what kind of game are you playing Ray?
This is not a P&D whatsoever. You are an insult to the fine people that have worked very hard to try to have the commons included in the restructure or sale of the assets. These people have been upfront with their efforts and the risks involved, not to mention with the frustrations we/they have faced along the way.
I have signed it. Thank you!
and sometimes the scarcity of bandwith increases the value expotentially.
It's called speculation. If we had all of the answers as we wish, then it would be $1.00+. This is what investing in a .006 cent stock is. Speculation. We, as investors, are excited about the prospects. This story has not been written yet. If you don't feel the same, then you can exit any time and save yourself some time and trouble. Do you think people don't realize this is a BK stock? Obviously, you are here because you want to pick up cheaper shares before the run begins. You know this has a chance of going up 10,000%, and now you want in. Just buy like the rest of us, or leave.
Thanks db7. I agree. The $4 is a wild fantasy. I don't mean to throw out the craziest of possibilities. If you know about shells, then you may recall the one from 1 - 1 1/2 years ago that was purchased by a LA exec for his realty TV show. It went from sub penny or penny to $1.87 the first day, then the second day it went to over $4.00. Being that Jesup is in the business of financial investments/stocks etc...I sort of expect the best SOMEDAY when/if it does happen. I believe they may know the ins and outs and the people and how to make things happen, being that they are in the right industry. If it does not happen, then I don't know what we have here, becase I just don't see anything else. The atty's fees total as much as the money they are trying to recoup from the company they say swindled it from them, so again, seems like there is nothing. Such as it is with a BK play. I will hold because I see no mention of the shares being canceled. GLTU!
I see this a reverse merger play someday. Once the litigation is settled, and they emerge from BK, they will use this as a clean shell for a newco. Someone will buy it or they will start anew. But I see it taking another 1-2 years for all litigation to settle, maybe more. The shell needs to be clean. Then, who knows. It could be a $4 stock depending on the new biz. My shares are tucked away for the long haul, come what may. I'm not selling at this point. Thoughts?
!!! JLIC !!! is in BK for 1 1/2 years, no "Q"!
Ready to re-emerge? This is Jesup and Lamont. Financial company. I bet they bring this stock back. Nice little sleeper here.
JLIC in BK for 1 1/2 years, but no "Q"! sleeper
This is a buy and hold. Jesup and Lamont. These financial guys know how to play. They are holding 13 million of the 43 million shares. Watch for re-emergence. Very thin. Will skyrocket, imo. GLTA.
JLIC in BK but no "Q" for more than a year!
So what gives? And they have assets.
I think this comes back after the restructure. I haven't seen anything about shares being canceled. Insiders hold 13 million of the 43 million shares.
http://placeandhanley.com/images/pdf/orlandoSentinel.pdf
They've never said they were canceling shares, correct? I haven't seen a BK plan. Anyone know? All I am aware of is that JLIC is trying to get $450K from (forget who, it's in the threads here), and they are supposed to be going to arbitration. Beyond that, what is going on with this? I am wishing that this is one of those little sleeper surpise stories and we just pop to the skies. Looks pretty tight.
Any idea of what came of yesterday's court hearing? Do you know what the next step is in this process? TIA and GLTA.
$5.88 worth of shares sold by MM near the close on Friday. Someone really wants you to sell. This stock is going to run hard on news.
Why a chapter 11 and not a chapter 7? They are going to restructure and emerge from BK? Keep shares in tact? Use shares for NOLs? Lots of questions, but I am holding for more than a couple of pennies. Insiders hold 33%, maybe more. No "Q" on this, and I find that interesting. Is that just an oversight? Anyways, I don't have any answers. I have been holding for months. I liked the action 2 weeks ago. This was pushed up 270% on low-buying volume. I believe someone said there is a gap up to .05. GLTA.
See post #1684
You can sell, but you cannot buy.
That is you can sell for a low price, but you have to pay much more to get back in. Someone wants your shares, and they won't sell them cheap. So "dump" at your own risk. I am accumulating with bids sitting in the event someone wants to dump. "Someone" always trumps my bid though. Go figure. Who would that be that is so responsive to the hundreth of a cent? MMs perhaps? It is completely possible that this goes to more than a dime with the NOLs and the aggressive stance JLIC is taking to win monies back during the bk process from multiple parties. Holding for better days. GLTA.
Awesome! Thanks for keeping up on this!
Happens daily it seems. I am holding. Aren't NOLs worth millions? A story will break on this one day. Just have to hold. GLTA
I've noticed the MMs jockeying for a position here and there, too, but even more so lately. I think they expect (and want) a run-up. There certainly are several ways this could unfold to our favor. The float is locked up. Insiders hold the vast majority of shares, too. They stand to gain on any positive resolution to the BK.
Anyone know why there is no "Q" on the trading symbol? I have not seen that before on a BK stock.