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wowalters
We are completely in the dark as far as WMIH is concerned. Exactly the way the corporation wants it. It cannot be any other way,can it? Will be quite an event when they make their announcements . Hopefully in the near future. If not so be it.
Take Care
David
BlueeFoxx
OK Don Now what's going on here??lol
Take Care
David
Lawrence 147
Where does that take us?
Take Care
David
Lawrence 147
I might tend to look at the chart with a 7 month retrace from 12/13 to 7/14 and then a rise similar but of course much more robust that 12/13 but wtfdik. I am of the school that a review of the NOLs usability by the IRA is ongoing at this time and adetermination will be forthcoming in 7/14.
Take Care
DAvid
Donot
Are you surmising that the sealed document is the key to unveiling an increase in NOLs?
Take Care
David
investorhub123
My sentiments also! And I only have a few thousand escrow shares,lol.
Take Care
WithCatz
We all know that a "lie" can be very subjective in nature depending on which side your are on. I wouldn't press the issue.
Take Care
David
BlueeFox
The last sentence holds true for many of us ,probably mainly content lurkers at this time, that took the "opportunity" a while ago when WMIH was at between .50 and .75 per share and really jumped aboard. The rest is history(for the time being anyways). Even at these levels I continue to be a buyer and a long termer at that.
Take Care
David
BlueeFoxx
Well Don Your's is a rather condensed version!!lo
BTW same result
Take Care
David
CWG
Nice recap! Brings back memories of all the really really corrupt shenanigans that happened in the years preceding the POR7.
A movie about the whole thing is definitely in order, imvvvvho. lol
Take Care
David
WithCatz
And your summary last sentence is fair to me . Let the chips fall as they may at this point. No use debating or hypothesizing about it. The escrow(placeholders)will either be filled with something or not. I only have a few thousand shares so I am not losing any sleep over it. My main holding in this current venture with WAMU is WMIH and seeing how it plays out in the future and I continue to accumulate at these levels.
GLTY and GLTA!
Take Care
DAvid
jcpny777
End of this month for the vote(I think). Thinking about buying KKR. Wanted to take advantage of the qtr dividend if possible for the next qtr.
Take Care
David
OG
What is KKR's dividend rate and when do you have to hold the stock to qualify for the dividend?
Thanks
investorhub123
Sorry
My quantity of WMPQ.C1 is 100 not 500.
Take Care
David
investorhub123
Thanks
I have common,Ps and Ks. I had 100Ps going in to conversion and I am showing 500 for my quantity of WMPQ.C1. I guess post conversion I have 20x100 or 20K escrow shares from Ps. Sound right?
Take Care
David
owlcoach
Thanks
Take Care
David
LG or any other knowledgable poster
Speaking about escrow I have a Scottrade account with escrow shares with the designations WAM.1, WASH and WMPG.1. Any idea which stock either common or preferred that they refer to?
TIA
Take Care
David
WithCatz
WMILT would not be able to state otherwise.
Take Care
David
BlueeFoxx
OT Really a great TV theme song....Cheers!!!lol
Take Care
David
PS Good to have you back Don
David West
It worked out well for me and many others and is continuing on that path with WMIH. You are of course correct that the past IS past and we will move forward.
GLTY and GLTA!
Take Care
David
Royal Dude
A telltale to me early in the proceedings was the way SG was billing for their services compared to literally everyone else. Their billing were so minscule to the likes of WGM and A&M it was a sham. From that point on I was a fan of SG and am to this day.
Keep up the good work!
Take Care
David
David West
"Supposedly" all of the subs were subs to "WMB", per WithCatz.
Now then can we have a discussion on how everything would have transpired in the BK of WMI if WGM had truly been a law firm representing the interests of the shareholders or equity if you may in lieu of the truly despicable lying, cheating and criminal behavior that they displayed in the proceedings.
Take Care
David
PickStocks
Actually their lawyers want their claims paid. The claims are for the most part taken on contingency by the lawyers.So for 50% of the claim the lawyer will try and win in court.It is what it is.Same thing as ambulance chasing just a different case in point.
Take Care
David
bkshadow
Many Thanks
I stand by my previous assessment then of the holding company...JUST PLAIN STUPID!!LOL
Oh Yes and to With Catz also Thxs
Take Care
David
WithCatz
The text in your second paragraph was to the point I was wondering about. Typically a holding company by its nature has a number of "companies" that it has under its umbrella. That being said, WMI would have been expected to have not only WMB as one of those companies but due to its size a substantial number of companies also under the umbrella.To vary from that type of organization would have surely put the holding company at risk financially. I would find it hard to believe that the holding company would have ever have put itself in that position(JUST PLAIN STUPID). Based on the shenanigans that took place during the WMI BK court proceedings over the years I would assume that the holding company was portraid by WGM et al to the BK court as only having WMB as an asset, period.
Thanks for your input.
Take Care
David
WithCatz
I know this is ancient history now but since I value your opinion, what was the disposition of all of the assets(brick and mortar and subsidiaries) of WMI.I thought they all went to JPMC in the whole bank grab.
TIA
Take Care
David
WithCatz
I tend to agree with you regarding the mortgages. The WAMU that I know that made me a lot of money in the past few years was a holding company, part of whose holdings was the bank among many other assets and the one that JPMC was really after in the first place. There were many other assets of WAMU including real estate and subsidiaries that were absorbed into the deal that never should have been included in the prize that was awarded to JPMC. WAMU was a holding company and should have been treated so by the FDIC. Nothing but the WMB should have been seized by the FDIC(if it should have been seized at all).
As it all turned out I am rather happy that I was able to profit from the fiasco but I am sad for the misery suffered by countless shareholders of WAMU and customers of WAMU.
Take Care
David
Donootunderstand
Patience my friend. Rome was not built in a day and escrow share owners will have to wait for results.
Take Care
David
Bizreader
And I hope you also have a bushelful of WMIH also!!!
Take Care
David
LG
Thanks for your insightful comments. I only have a few thousand escrow shares and I would not mind a bit for them to reach the $1000+/share value!!! Also mind my stash of WMIH to reach $20+/share.
GLTY and GLTA Wamuers
Take Care
David
stoxjock
If you look at the billings for Susman, you will see some pretty conservative numbers which to me represents a firm that is being fair with his client, literally the only firm in this case that has behaved in this fathion. That to me says Susman has everything in control. I like our odds here.
Take Care
David
Blueefoxx
Cheers to you also!!!I am hopng for an acquistion soon myself. Want to by a piece Of Fannie and Freddie before it also takes off.
Take Care
David
LG
In your opinion what will my approximately 5K of escrow shares be worth in 2015?
Take Care
David
WithCatz
Thanks for the summary, even for us old timers!
Take Care
David
LG
We look forward to an interesting 2nd and 3rd qtrs regarding WMILT. Thanks for the comments,As always!
Take Care
David
BlueeFoxx
Is that you DON? Hope everything is well with you!! Going to be a very good 2014 for us,imvvvvvho.
Take Care
David
taintedfud
I am also ahead on this baby and am lookin forward to more of the same in the near future.
Take Care
David
stockprofitter
Good to here. Tell where this stock is going.
Take Care
David
stockprofitter
100,000+ share and greater large orders?? BTW do you know how many 100,000+ share orders went thru yesterday?
Take Care
David
male
Any idea of how many 100,00+ trades today?
TIA
Take Care
David