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not unless you own a million shares :)
that just means there are people holding right? that doesnt mean those people are right or wrong. news is coming or not. it just means you got lots of hardliners.
Again what I believe is something will happen eventually but accumulation means nothing especially if you look over 3 years. we didnt go "to the moon" in the last 3 years did we?
i think some back in the day would say that is just a bunch of bagholders
we always talk about smart money. are you saying because we have had accumulation going 2 to 3 years back that something is going to happen? would smart money really sit on things this long? obviously they had no insider info as they would just buy later on. that's a lot of capital to be sitting there doing nothing.
We all know something is going to happen. just not when and no one can say based on accumulation.
forget wmih.
when is that reconciliation happening?
oh wait! it's not
Escrows = $0 as of 4/5/15
Escrows = $0 as of 3/29/15
Did I tell you today how much time has gone by since I got my escrows?
did u actually read the document or just the title?
You misread again. I never said that. That was someone I was replying to. I will however say it now.
Have a Happy New Year!
It might not have made sense to you cause I was replying to someone else. I will paste the part I am talking about.
"Happiest of New Years yet for us all. And remember non escrowers....we will help you too by buying massive amounts of WMIH when the escrows are paid. Wow. Imagine."
There is no need for that. That is not a viewpoint. That is just taking shots. I would think you could agree to that as well?
Why would I? It is not my argument that if you don't agree with a viewpoint that it must be due to the lack of owning escrows. If you read my past posts, I own a majority of commons - roughly 90% if I had to guess. I have as much to gain as you do. I just choose not to follow a view others have chosen.
Trust me - I know how you feel. I'm hoping to buy a house within the next year and I could use the funds that we have all been dreaming about for the last 6 years. The research and time people invest on BOTH sides should be appreciated. It is when you try to cut someone down with childlike arguments that take away from the whole debate. Like I said, the majority of us loss in some way, real money or opportunity cost.
The deal with KKR and Citi trades ownership for money.
That 2.5% is different from the current funding we are about to receive. Litigation efforts for cash. Dilution wouldn't be a factor in the 2.5% scenario. If anything, it would just help share prices as we have more money to play with.
What fight is being fought? I must have missed it. Did anyone tell our lawyers and the EC about this?
Oh wait! That was years ago. It really doesn't matter which side wins this argument as no one can change anything about it. If escrows get nothing to little, will you apologize?
As a long time reader of these boards (see my past comments), I am glad bk and others write back as often as they do. I have a majority in equity. I only bought piers at the very end.
Ever notice a pendulum? You swing it one way and the other way has to swing back just as hard.
It is annoying for me to read over and over again about how if you have piers that you screwed yourself. People only continue to write constantly cause the other side constantly writes back. In a perfect world, each side would give their 2 cents and leave it at that and wait.
As we all know, no amount of debate or evidence on these boards will change anything at this point. No one on this board has the money to battle this in court. One side is advocating mountains of money based on what they are reading. The other side sees very little from what they are reading.
To say that the side that sees little suffers from the lack of escrows is disappointing. There are other people out there like me who don't really ever post that come on here for a bit of info. We were all hurt by this collapse.
I can still remember the day Rosen sold us out with the GSA. Remember all the to the moons and what not. It is always nice to dream but we all need to be realistic too. I would love nothing more than to wake up a millionaire.
I'm with blue. The real future is WMIH. This is something we can buy and sell. With plans being set in motion, it probably is worth a bit more effort into figuring out what KKR is planning on doing with us other shareholders. Escrows will eventually work themselves out.
It's a $1 for each of mine. I wouldn't expect more than what you are owed.
I wish Side! My scottrade guy said that it was $100 as well on vmail. When I called back, I got a different person and he wasnt sure. Your screenshot has a lot of disclaimers as well :(
I still need a new car after the hail storm we got. I am hoping for $100 but sure it'll just be the $1.
my account still reflects the same as yesterday.
all the brokers seem to be handling this in a different way verbiage wise.
I think you and a few others that are angry are missing this point. I don't think anyone here (im talking the ones that have been here for years) arent upset. I get it. I would like to have 100x my money and retire tomorrow. Who wouldn't? The fact is whatever brought us to this point isn't going to change by complaining on a board.
You really need to replay in your mind how we ended up at this place and what could have been. 2.70 range vs completely wiped out.
Still with me? I for one am happy I wasn't completely wiped out. We had no say in that. We were at the mercy of a few people.
We cant control their pay either. We cant make them merge. We cant make them tell us anything until they are ready. We can however look at what the future brings us.
Complaining about the same stuff is the reason why others have responded back in a negative way. If you say it over and over, do you think the BOD will tell you faster? Is the hope that members grab pitchforks and torches? All it does is take focus away the facts that are laid out before us.
I use stock dividends as my guidance. As long as you own it before the ex date, you are owed the full amount. It is the fault of the guy who sold it.
I haven't held many bonds but I am thinking we got paid the full amount based off of $1. I don't think the "bonds" face value we got are any higher than $1. Of course they are worth more than that if we consider interest. I say "bonds" cause we didn't get 1 for 1. I think in my case with Scottrade, I got 1/100th of a bond.
looks like it has been worked out. I remember talking to my Scottrade guy when all the release stuff happened and dropping off of paperwork. he thought I was insane to invest in this stuff. it has been an interesting learning experience for sure
Update on the payments
Ok so originally I was paid interest on my 2nd lien.
Yesterday that interest payment was removed.
Now I have an interest payment on my 1st lien.
Interesting part is my 2nd. I received PIK - got shares instead of cash.
I agree on the other point. These in my case are $1 notes. No more than that unfortunately.
First liens are CB7A8 and Second is CB0B6??
im hoping they messed up the amount.
EI first wrote that he got paid on first lien.
I got paid on the second lien CB0B6. This is what my history shows.
did u get the interest on the first or second notes?
I took screen shots of the money being deposited from the account history screen and now being removed. I have no history line showing it was removed but the account balance has the interest removed. it was there this morning.
I don't think Scottrade knows whats going on. I just checked my account. My interest payment is gone now
i was wondering about that. I only got paid on my one and not both. if they hunt it down, let me know. I have Scottrade too
They finally put my payment in. I got the same.
13% annual
- this was a quarterly payment based off of $1
not to say they couldnt be worth 100, but i always assumed for scottrade they were parts of one bond. in my case, it would take 100 for a whole bond. just my thoughts though. i would love to be wrong though as i was in that crazy hail storm last week and need a new car.
im on my cell phone or i would check. i believe someone said that it seems each broker is representing them differently. this would be my guess at the confusion. as for the recent bond sales, i would totally sell each of my bonds for 100 if that were the case. i was waiting for this dividend to confirm what we really had. seems the unicorns arent coming yet
Nothing yet in my Scottrade account. So what are these bonds actually worth after 18 years? $1 or $100? I would think it would be the $1
he's right on this point
im right there with u
- though as i sit at work right now - i wouldnt mind a cold drink on a beach somewhere
so one more thought - are you saying the pre holder should get all $900,000 back or $900,000 + years of pain and suffering?
so a post holder with the same amount of shares should get $900,000 + years of pain and suffering? is that fair and reasonable?
(By the way i wish it would be $900,000 + years of pain and suffering, but that is just wishful thinking)
fair and reasonable is in the eyes of the beholder. given what was going to happen to us - completely wiped out - pre or post - this option might have been the best way to go.
Remember why we even made it to this point. it wasnt because of the amount of evidence that shows WAMU was stolen. It was because of insider trading.
my thoughts exactly - again if you check my past posts - ive been here just as long as most people have. i wish something would happen and hope it does but im doubtful. does that mean i will sell my position - havent sold any all these years - not going to start now with what we have over the horizon. i just wish some understand that its going to take some time.
whats going to happen on that date?
yup its the H shares interest. Darn I didn't get anything this year - yet anyways. Ya last year was a mess with it coming late with no notice. I held off from filing cause I was waiting for it but got nothing so far.
anybody get 1099 or w2 yet? I was waiting for it this year unlike what happened last year
below is from wmitrust site
IN ADDITION, CLAIMANTS IN THE WASHINGTON MUTUAL, INC. BANKRUPTCY MAY RECEIVE MORE THAN ONE TAX REPORT ON FORMS 1099 AND/OR FORM W-2 FOR THE 2013 TAX YEAR. PLEASE BE ADVISED THAT IN ACCORDANCE WITH APPLICABLE RULES AND REGULATIONS PROMULGATED BY THE IRS, WMI LIQUIDATING TRUST HAS EXTENDED THE DEADLINE BY WHICH IT MUST SUBMIT FORMS 1099 TO RECIPIENTS. AS A RESULT, SUCH FORMS WILL BE PROVIDED TO RECIPIENTS ON OR PRIOR TO MARCH 2, 2014.
u can say that - however where would we be without them at this point
When is this right away you are referring to?
this is a junk stock. the volume and price proves it