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Last month bulls said. Just wait till aug 1. This will be at 2.17!!! Aug 2. Bulls said manipulation keeping it down. Stock gets a bounce, high fives! Now it’s well they can short it. Manipulation
I remember when fwhzeke used to post the bullish buy volume last yr. the stock was at 2.00. He posted it periodically from 2.00 to .59
So who’s selling all these millions of shares. Got news for you. It’s not retail
Whoever sold got there sell. Lot of selling
Yes and it’s selling. It’s been selling. This isn’t bullish
Heavy selling. Well we can make up and find reasons why this selling is happening and make one feel better about our wmih. Lot of folks were flat out wrong on price skyrocketing on merger date. Truth is there’s big selling whether it’s the nsm holders who are selling or who knows
Amazing what excuses one comes up with. Look at the chart and volume on the past 4 down days. It’s mom and pop selling.
So it’s now the converting of the convertible shares now driving the price lower. Most were saying in aug this was going to 2.17 and we couldn’t wait for aug merger. Now we’re scrabbling look for why we’re going lower. So if we claim we know this was gonna happen why did no one see this coming? Last week it was HF manipulation
Bid at 1.15. Confusion reigns on what is happening, why isn’t wmih going up after the merger. We went from high 5 s on July 30 to finding reasons why not only why it hasn’t gone up but down
1.15 next level. Why? Because it is next level of support and the stock hasn’t acted like a stock that just merged. The shares are being sold. Manipulation theories are always a reason.
So this is how everyone envisioned the merger? Looks like some scrabbling to find reasons why this has gone down. Some speculators on here were boasting a 2.17 price when the merger was completed 4 days ago. Some heavy volume selling going on
What’s the point? There’s was many funds who held millions of shares in companies that go down. Again. The price isn’t doing what the majority on here thought so now there trying to prove to themselves and others that it’ll go up
Still seeing lots of head scratchers and folks searching high and low wondering why this hadn’t sky rocketed to 2.17 on the merger date.
We’ll obviously you thought 7/31 was gonna be huge. Than you said 8/1 so I guess we’re at this reason now. So where’s the proof that the conversion is keeping price here because that’s not how conversions work. Lots of disappointment brings out tons of speculation and off the wall theories
Huh? Weren’t you and board saying July 31. And when price went down it was 8/1. Now it’s Wait. Escrows? Better off just to say we don’t know. Because no one really does.
Remember. We always find a reason why a stock goes against you. There’s everything under the moon as far as excuses. It’s been July 31 wasn’t merger. Manipulation by hedge funds and on and on.
wonder what all the smart funds think about the share price. Remember. Many are sitting on huge losses
Every bearish event is met with bullish thesis. Funny how the mind works. Everyone on here is searching as to why this is still sub 2.00. Management even knows they don’t like the new company name and penny stock status so they will look to change it up. 2 weeks ago on the board it was. Just wait till July 31. Price will go a lot higher. It didn’t. Guys flocked to message board to search why. We get same silly posts about escrows which have no effect on wmih. Company told us this a while back. Yest it was. Wait till aug 1. The price will sky rocket. So now we will search for answers. Latest is reverse split. Wait for it. It will draw in funds who can’t buy below 5.
We went from high fives yesterday in premarket trade to now getting day 2 of a selloff with high volume with folks flooding to message boards to try to figure out why wmih is down. Most thought this was going be up big on day 1 of merger to now wondering what happen. I’m reading the posts and posters reasons. Fact is no one knows. I thing I’ll agree with fwhzeek278 is. Never take advice from folks on a message board. Something tells me there’s gonna be lots of disappointment coming
hmmm another heavy volume down day. Can’t be selling. Is this still manipulation or balancing that many been saying. I thought this was going to go up
Congrats guys!!! We’re rich. Merger happened like many predicted. But not many thought it would be at 1.49 final price. Wonder what all them smart funds are thinking???
Looks like the ole cup gotta leak today
Remember folks. Buying means someone sold. So who sold them shares. Does someone know something we don’t ?
Lol. Same ole wmih. Cue the shaking of the tree manipulation theories. Must be them smart funds
confirmation bias... look it up.. Ive seen the same posters with the same posts since 2.50 saying the same thing over and over.. the human side tends to point you to your bias and confirm it with like minded thesis.. both for and against.. so instead of getting the facts we all like to confirm our thesis and a message board is the one place to go... I been saying for months and months that wmih is a merger play with NOLs, nothing more, nothing less but many want to dive into confusing assets and escrows that have no bearing on wmih.. now the merger is announced... I for one wasnt to happy with the merger and the price only in the 1.20s, many a year ago wouldnt of predicted this and I say management let shareholders down by dragging the feet when the iron was hot.. so if your holding wmih, which im not now because I sold the day of the announcement, youre now hoping many things align, I personally think there is more downside than upside in the next 6 to 12 months but that is me.. so good luck
Did wmih ever get its NOLs back?? im waiting for the escrows to boost up the PPs on wmih...
remember a few months ago when AZ said wmih lost its NOLS...
boy oh boy... I remember last yr the bullishness and you saying the price at that time should be 2.50 now the deal is struck and it trades at 1.23
lol, if your long this stock and have been long for a few yrs waiting patiently for a deal you cant honestly tell me you are overjoyed with this deal and especially the price only going to 1.23 on the close... now I follow along on here and seen the silly ness that comes on here so I do not need a answer but Ill bet these so called smart funds are overjoyed with this deal and the pop to 1.23 where the majority of them are pretty much under water on there large trade, even the preferds are under the strike price... now add into the NSM shareholders who am sure are not to thrilled...
so far.. the price action... not good... I know when the escrows and piers come due.. many many are underwater on this investment.. the big smart funds we all know are down huge, I would imagine many are invested above 2.00 and im sure there not too happy.. Im saying look for some selling
did escrows or piers pay? oh wait a merger... been telling everyone this was a merger play with nol s being the most valuable.. management been saying the same thing at the CC but most continued to dig into escrows and piers that have zero effect on wmih.. remember a poster saying on here a few months ago that wmih lost its nols... as far as the folks who bought higher... this stinks
bingo!!! I can not still believe, even after the last conference call addressing the extension of the preferreds that WMIH , the one that trades at .74 is not affected by escrows, piers they went on to explain the most valuable asset is the NOLs and they are actively looking into a merger.. thats it, but many on this board just keep going on with all the confusing stuff that does not relate to wmih, if you hold piers or escrows or whatever you are on the wrong board.. I cant tell you what those are but I can tell you what wmih is because the management team told us... than most are saying but why is the price at .74 if these NOLS are this valuable and a deal will get done.. well a few yrs ago wall st figured it out and jumped in but management dropped the ball and never got a deal done... so what about the smart funds... first, how many smart funds rode enron to zero... second many are down 60 70 80 percent so now there stuck, there like all of us, hoping a deal gets done to get back to par. but keep the theories going, lol
kravitz buying again?? wmih showing relative strength vs the market... I thought maybe he was in the recording studio but maybe watching and waiting to buy the wmih gift here
its a shame you didnt pay attention to putting in a stop or cutting a loss as well as you look for spelling/grammer errors.. if you did that you wouldnt be holding on to a big loss, i know i know, no one on here is holding a loss
ps any indication on lenny kravitz 71 million shares
i really think many on here never even took the time to listen to the conference call.. I continue to scratch my head as to what these posters are posting?? the management team said numerous times, wmih is a pure play on a merger/inquisition with its NOLs being its biggest assets.. plain and simple... the reverse split was brought up on the question session.. yet many on here keep posting settlement, escrows, piers theories that have NO EFFECT on wmih price.. the management team said it.. so on this board many many are so far underwater they will find reasons to hang there important hat on theories that people, including a board moderator come up the silliest theories as to what is happening with wmih..
again for the 1000th time.. know what you own,, wmih is a pure merger play looking to deploy its NOLs... the reason your sitting at .70 is because of management failure to consummate a deal by the Jan 2018 deadline, plain and simple, what does the market hate?? uncertainty.. so there is uncertainty
any news on Kravitz?? I noticed not many commented on my link on kravitz I posted yesterday...
Is this a open market purchase by Kravis “did he buy 71 million shares”?? You decidehttps://fintel.io/doc/www.sec.gov/Archives/edgar/data/1472698/000114036118001466/formscda.htm
https://fintel.io/doc/www.sec.gov/Archives/edgar/data/1472698/000114036118001466/formscda.htm
to say that kravis "bought" 71 million for his personal account is laughable but always remember to check this stuff out for yourself before just believing
wonder if the funds that were/are selling will get back in, I did some research over the weekend and seen a bad trend with these funds.. one big fund that was selling has me concerned... im keeping my eye on this
I see no link yet on the 71 million shares bought by kravitz, I do not expect one because I believe there isnt one.. now my question for the board, when is the reverse split and what is the ratio