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Cura
So we have 165 B minus 34B. 131B pay back. Can we anticipate that we will be receiving distribution of some portion of the 151B in the near future?
TIA
David
RD
Just checkin.
The start of the waterfall.We'll see.
Anticipating a very interesting upcoming few days.
Thanks
RD
Please elaborate for us engineers and and MBA holders,lol
Thanks
KeepitReal
On our way!
L2M
I bought 1 mil today fyi.
Seemed like the right time. News coming regardless of the tripe the naysayers belch out continuosly.
RB
I think 40B would really be an injustice to the truly awesome size of the WMI empire. Keep in perspective we are not looking at WAMU THE SUB. WAMU was simply the vehicle which WMI used to accumulate ENORMOUS WEALTH, beyond belief. Let the floodgates open!
Best to all longs!
AZ
What do you mean by a "flipping" monster?
Dps
Looking for MANY green weeks!!
David
BBANBOB
Yeh, I kinda shorted myself with the jpmc stock.
Thanks
BBANBOB
As an example with my piddly 200 P escrow shares, if $60 B comes back to escrows, I would be entitled to 1.2 mil. However for stock for value I would receive JPMC stock(pps-say $60) to the tune of 20,000 shares. I could live with that! JPMC pays dividends too and they do well appreciation wise. Makes sense to me.
David
AT
Not if you have your markers in a roth acct as some of us do. And I will gladly accept my $12k pittance for starters!
David
Bond
Well for a start 1 mil Qs at .012 is $12000.
Not too shabby for an initial payment with MUCH MUCH more to come!
Diamond
It will be huge. Most posters here don't do any looking into how holding companies are structure and do business. If they did the tremendous assets of WMI and subsequently now WMIH would have been a no brainer. It took a substation amount of time to get rid of the claims et al but distribution to the releasers will start shortly and will continue for many years. Get ready to RUMBLE!! You were always very conservative with your X2, to your credit, imho.
Take care
David
.
BBANBOB
Just a little levity Bob!
Well aware ot what it would bring my little pittance of 200P and a few thousand K an Qs.
I would also be quite happy with what might happen to the value of my xxx,xxx shares of Wmih, don't you know!!LOL
DAVID
Johnny
Is that all?
Thanks
2221
I have xxx,xxx as well and I will also take $5 as well(for starters)! Lol
Take care
David
Roach
Anything scheduled for 1/5/2018?
Thanks
Fwh
Let's get ready to RUMBLE!!!!
TAKE CARE
DAVID
LG
Hell the funding was only 600 mil, what a scam job.. peanuts in the overall schemes of things here..lol. the bk remote safe harbor assets are everything! Period. Let the distributions begin!
Good job LG
TAKE CARE
David
Smitter
A very very happy New Year to you and your family!
GLTY AND GLTA!
Take care
David
KIT
Just the way it should be. Will be a nice pps appreciation for shareholders in January.
BBANBOB
And the 10B could be just HER WAG but still a decent starting point.
PokerPro
My take is that Enzo and the boys are working hard as we speak to get an 8k out asap
They want to get moving with the funding!
Take care
David
Mess
Agreed
L2M
LTO has a difficult time comprehending. Just ignore it.
Take care
David
Bmd713
Chaching this month.
Take care
David
Etz
Yes and any safe harbor assets were separate from the 24B and imho will dwarf the 24B.
Take care
David
BBANBOB,
Is a M/A really all that important in the overall scheme of things here and the use of the NOLS for that matter?
Take care
David
LG
From your lips to God's ears!
Take care
David
BBANBOB
Exactly why I have xxx,xxx shares of WMIH, LOL
BBANBOB
Another Kmart....$175 per share. Done
Rico
Not bad! Yes you have no doubt been in longer.lol I have been averaging down for the last two years
Been in contact with Enzo for many months, who is a straight shooter and trustworthy, nice to find theses days
Take care
David
PokerPro 05
Very transparent of GEQU MANAGEMENT I would say. Speak wells for their respect for shareholders!
Take care
David
RD
So what does that mean for us escrow holders AND WMIH owners?
TIA
Take care
David
Don Quixote,
When I saw the employees take stock for pay I knew management was VERY serious.
Take care
Davidr\
CBA09
So I should be very happy with my ownership of xxx,xxx shares of WMIH based on getting the SPE/Trusts distributed to WMIH?
TIA
Take care
David
Matt
OK so wmih sold 500 bil of securities to f&f. Did they receive cash for the sales and will wmih be receiving the distribution from the sales? Please enlighten us as to our expected windfall. This was all in safe harbor I assume.
TIA
Take care
David
Jin
From your lips to God's ears!
Take care
David
BBANBOB
Since the subject of property and leases has come up, what is the consensus, if any, of who owned the leases for all of the branch offices and the ownership of the branch offices for that matter? I have my opinion with my limited knowledge of how holding companies do business. Just wondering what other folks think.
Take care
David
B 4
Yes REALLY.You?