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gn
My sentiments also. She made me a real nice return from the Ps when I first saw her posts back in 11/2008 and the Ps were really on the cheap and I was fortunate enough to get out of most of my position early in the fracus.I bought back into WMIH mainly because of her opinions and look forward to another profitable outcome.
GLTY and GLTA
Patience is a virtue and very necessary in this market.
Take Care
David
dg
I have a boat load of WMIH at .53 pps and I plan on winning,thank you very much!!
Take Care
David
Chiron
Lighten up. You have made your money on this whole mess the past 5 years. I have also made money on this endeavor the past five years. This is icing on the case ,imvho. and no you are not going to bash the price done as you have tried and failed in the past. That being said enjoy the fireworks in the upcoming months like everyone else.
Take Care
David
WB
JP Morgan participated in one of the largest thefts in US history with the collaboration of the FDIC in the takeover of Washington Mutual. Easily overshadows all of the items you mentioned but thanks for the list.
Take Care
David
bbw
What is the conversion and how does it effect the common shares?
Take Care
David
Wu
I see this going up a few cents a day for the next few days based on the current rise the last few days. This is being controlled by the MMs.
Take Care
David
dg
Do you think the float is that low?
TIA
Take Care
David
d55
It would seem that there is a concerted effort to raise the pps at a slow rate at this time. To what end is the question.Your guess is as good as mine, but there are forces at work to allow the pps to rise in anticipation of an event and to allow others to accumulate.
Take Care
David
wow
What do you think the float is?
TIA
Take Care
David
gn
When is 2 years up?
TIA
Take Care
David
mb
I don't really believe that Congress has the cahones to walk the walk. They have proven to be a bunch of minnes in the past. This catarostrophic move that could undermine the economy during its partial recovery is not something they want to participate in politically,imvho.
Take Care
David
LG
Nice post and summary of pertinent opinions as to the upcoming events affecting our WMIH. Will see you over on the other board from time to time. Nice of AZ to seek counsel on the disposition of the ordinary losses and the NOLS. Makes sense and something that I surmised for quite a while now. I never believed that the NOLs were the only prize here. Not enough jiz in the game if you know what I mean! 15 Bil and more gets a lot of attention during M/A talk.
Take Care
David
DC
WELL what do you think we are???? The numnits in power want it that way.
Take Care
David
nranger
I like you have most of my shares around .50. To think that this process was going to happen in less than a year is somewhat overly optimistic to put it mildly. I would put forth an opinion that we are moving into the home stretch with a potential M/A possibly on the horizon and a positive indicator showing up with the early grant to the BOD. Life is good. Enjoy. These opportunities do not surface often. I participated in the Ps explosion from $2 to $80. In a way I expect something similar with WMIH. Time will tell. For now we are ahead of the game.
Take Care
David
mrfence
Good post! OB had better pay attention!!! I know he is incompetent is many respects but he is not stupid. He has his socialist agenda. No doubt he is paying attention. It is all about the votes and he will not cross the massive constituency that got him elected. The minorities may be low information but I think they can understand that no mortgage means NO HOUSE and that would be devastaing to most of them and to a sizable portion of the housing market also. And the majority would also suffer immensely.
i see this stock as both a short term in and out play and a long term hold. If they screw with FNF the economy is toast(again)aka 2008.
Take Care
David
rainbow1111
OT Always an interesting scenario of risk/reward analysis. Another might be to some extent if you take full social security benefits at age 66 vs waiting until age 70 when annual benefits will be greater. My take is that my opportunity is now with 120k in four years and earning income rather that waiting 4 years for increased benefits and earning income at that time. All in the eyes of the beholder.
BTW I am not very happy with my government taxing my SS benefits if I make too much income and am drawing SS. I was entitled to all the SS money I paid in until they pulled a fast one!!lol
Take Care
David
Blue
When do you think Reed's bill will be acted upon?
TIA
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David
RD
Good to see you posting again! We could use a fresh prospective on this board.
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David
xoom
DUH! lol
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David
BBANBOB
It is kind of a no brainer at these levels, somewhat short term , for sure long term,imvho of course. It is what it is after all. there are too many tell tales to ignore long term, including the recent BOD stock issue. If that isn't a dramatic indicator I don't know what is!
Take Care
David
955
OT If Watergate was impeachable ,for sure bengazi, IRS teaparty shenanigans et al are impeachable big time. However with a socialist media the public is being misled so badly, it will be difficult at best to get the REAL story as it already has been!!
Take Care
David
BBANBOB
If you got in at .50 it would have been!
Take Care
David
nranger
Item 6 is the important one. Blackstone is in because they want to be, as a contingency player,imvho.
Take Care
David
ob
Now you're talking!! Getting to the crux of this fiasco.
Take Care
David
ob
No one ever said these numnuts(politicians) have any common sense or read or understand finances let alone the biggest numnuts of them all(BO). These guys are so stupid they could easily pass a completely ridiculous bill that would undermine the financial integrity of the country. Hell, they did it in 2008 when they forced the banks to allow sub-prime mortgages(of course the banks for the most part went along with them).Don't give them too much credit for seeing the errors of their ways.
Take Care
David
WithCatz
Thanks for the post! Would we have expected anything else from this band of misfits, cowards and thieves collectively known as the FDIC and the BK Court as administered by JMW in all of her splendor. It continues to amaze how such an obvious incompetent and corrupt individual maintains her tenure. It is what it is. God help us all. I am happy I bought a $hit load of WMIH with some of my preferred profits and basically have written off any hope for the escrow shares. This is nonsense what shananigans are going on.
Take Care
David
jack
The housing market is but one segment of the economy that has been anemic. The bigger picture includes the trillions of dollars that are being kept on the sidelines(corporate investments in goods and services including plant expansions and job growth) by the current administration's indifferent and nonexistent economic polices. That is the real blame in this scenario of pathetic growth in the last 5 years. GDP growth in the a post recession economy historically ha sand should be in approx. 4.5% or more. This is actually economics 101 that BO wants to stifle to gain momentum for his socialist radical agendas.He is against capitalism as we know it ,pure and simple.
Take Care
David
BBABBOB
Bought the vast majority of my shares at .50. Bought Ps at around 2.00 back in late 2008 sold most at between $60 and $80. They can run this at anytime,good by me! Also in FNMA basically longterm with some short term trading based on the market.
Take Care
David
yes
Obviously Pawlenty has skin in the game for FnF's demise.
Take Care
David
JohnCM
It appears to be falling into place, doesn't it?!
Take Care
David
taintedfud
Is this guy as stupid as he sounds? The people in Congress are for the most part a bunch of Elmer Fudds,imvho.
Take Care
David
m22
they were forced into the bad loans.
BLUE
Whats the better buy, FNMA common or FNMAS(preferred)?
TIA
Take Care
David
Blue
Best Buy at this point ... Common or FNMAS ???
TIA
Take Care
David
Blue
OK let's load the boat short term and long term then. Works for me! Obamdama and his F.U agenda can go to hell(hopefully).
Take Care
David
Blue
Thanks for posting the article. It appears for current shareholders the future does not look too rosy for the longterm. What is your take?
TIA
Take Care
David
W3R
It is all about third party recoveries,imvho. I trust SS to settle out of court with the likes of GS et al for minimum 2B split up between all the escrow shares how many that is.
Take Care
David
bowman88
Appreciate your DD!
Take Care
David
mad4
Spot on. Been brought up many times already. The LTI winddown does indirectly have an systemic impact on WMIH.imvho
Take Care
David
chaarles
Agree 1000%. Nothing has changed when you have the fox guarding the henhouse. WGM is scum and bottom feeders and will decimate the liquidation trust account. The litigation trust is an entirely different matter!imvho.
Take Care
David