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wHERE'S THE 2X VALUE PLUS!???????
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FOLLOW the money IMHO !!!!!!!!..........watch the crooks twist the truth in upgrades/downgrades.........PR an R/S 12 for 1 and everybody under the sun starts buying huge blocks of WMIH ????Hmmmmm why is that................thought it was the other way around....SELLL....SELLLL...SELLLL.........WIMH valued at $2.00 !!!!!!!!!!!
is that "1" times earnings!!!!!....so maybe we can trade at 3 or 4 times earnigs!! $6/$8 dollar range ?????? funds join in...big wigs join in....Baaaaaaaaaaaam "NO" R/S.......I'm waiting for the KMART RUN!!!!!!!!!
12/18 months.....the starting pistol was shot !!!!!!!!!!! HAPPY TRADING
!!
I think because they want to make some interest money on it or they elaborating a plan to keep it for themselves...
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The money for employee claims was capped and set aside in the DCR. FDIC is not paying for it. So why hold up anything due to employee claims?
Looks like a plausible outcome however why all the theatricals in court and fighting over nothing??? just to feed the lawyers???
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Let us hope that after R/S Az and Large will stop predicting billions as everyone knows not a dime will come before the R/S.And they both told us bigtime money before the R/S.And people who looked at bit at numbers by LT know by now only Piers will get their money but nothing will be there for equity as Rosen will delay until all money is eaten.
AZ do you really mean those performing trusts originated before the WAMU takedown?? or is it 2012??
WHHHAAATTTT!!u can't trade or sell escrow..
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boarddork, definitely agree with you. I previously posted that when I go to my E*TRADE account, my markers are now formatted just like my other stocks, and it clearly now has a buy sell option next to the markers.. that option wasn’t there before.,
True that's why I think Cash is better we can get screwed in an S4V. I want out of these games being played with this stock.
Well I have a lot of money invested in this cow both in escrows and WMIH so yeah I'm getting desperate and impatient and would be royally pissed off if I don't get some kind of return back especially after 10 years of waiting..
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Then why would they have invested as much as they did? They could have dumped all of their holdings and just keep bonds, which we know are a safer bet. No, I think they’re hanging in there for the golden goose. They’re just not as impatient as retail who dumped all they could into this and are chomping at the bit.
Thanks AZ lets hope the Big guys have some pull on this and we just riding the wave but I don't trust these rich people the small guys are the ones who always get screwed.
LP I agree why are they withholding pay out on purpose, they have been doing that since day one withholding the waterfall like Walrath PIERS and employee claims delaying tactics. why, why, why, why, why????
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AZ,are you saying that employee claims must be settled before the ABS trust assets are released? Since, the employee claims are being held up by FDIC refusing golden parachute, isnt the FDIC ultimitely the culprit holding back the safe harbored funds at this point? Why are they doing that since DB suit has been settled? Are they waiting for the Libor suit against JPM? But that suit claim is not against the estate of WMI? so why do you think they are holding back on employee claim and thus holding back on the release of safe harbored assets?
Yeah check your escrow account if you have one, thats enough proof for me.
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Do you have PROOF of that statement or just opinion??
Zeke
Fiduciary duty is just a word that people can use to wipe their arses with but I hope you are right and they dont get to keep the money.
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what is going to refrain the FDIC to keep the money they have??
It is called fiduciary duty - to return the money. It's on the books that they can destroy records, but not on the books that they get to keep the money. By the way AZC has posted the order in which FDIC pays out dividends many, many times
Cheers,
Uncle Bo
I told u long time ago Suckmann and WillieRat sold our arses down river.
AZ if they can destroy the records after 10 years what is going to refrain the FDIC to keep the money they have??
So we get 0.0000000125 shares?? I thought we were not supposed to get fractional shares? LOL
Maybe they will gift it to the BOD for job well done
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IMHO the 1.5 million shares in the Disputed Equity Escrow after RS will be 125,000 shares.
Joe why are you really here or spending so much time in here if you think CT's are doomed? Don't you think your time and effort would be better spent somewhere else that did not have a doomed outcome?????
Maybe we are barking at the wrong tree, has there ever been a class action lawsuit against the FDIC. LMAO!!
In my opinion, Im not surprise at the answers you got. We have been kept in the dark for a long time why would they say anything now. These people might just be instructed or trained to say what they been told to say.
I never believed Rosencrap when he said there was no money left...
Thank you ItsmyOption for taking the time to get this information.
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AZ & ALL others: A response from some question from IR at NSM. I tried my best to write down per phone conversation what he stated as some responses was complex. Some answers may clear up confusion and some will add more confusion.
IMO, and based on phone conversation: Currently, WMIH/NSM has NO ESTATE ASSETS ARE SITTING AT WMIH/NSM BEING SERVICED OR MANAGED. There will be NO share 4 value exchange as they have received no value of any Estate assets. Any Estate Assets should be considered still under Trustee management, or FDIC. This does not mean that the LT or FDIC or a Trustee may not ask WMIH/NSM to service assets in future but right now they see nothing.
1. what initial qualifications' did an ABS Cert require to actually be listed on the NSM ABS Investor Tab' ... now viewable on the new and improved, WMIH-Corp Corporate site' ...
IR answer:
Only certs that NSM has serviced pre merge are showing on web site, and no pre-merge or WMI estate assets or trust. They have no old WMI assets under any servicing or management agreement. They should all be considered under the management of the LT or FDIC or other Trustee.
2. What is the existing connection between NSM and the TMST' Trusts (Thornburg) Listed, The servicing of those Trusts was Maryland Court Approved to go private with a privately funded purchase for $100 million dollars' of Thornburg's own servicing platform ... "Advitech" ...
IR answer:
None - they should be considered still under Thornburg's own servicing platform ... "Advitech" ... but not under WMIH/NSM
3. Does NSM have any type of a relationship with each of the ABS-Certs Listed on Their Own Investor's Tab ... servicer, subservicer, secondary offerings, mbs overage investing, etc. ...
IR answer:
Unrelated to pre nsm-wmih as stated WMIH/NSM has no WMI Estate assets as they where not part of merge agreement.
4. Are ... We' ... as Actual Owners of the parent corp., WMIH-Corp, NOW' also able to purchase "Secondary Market Offerings", direct from NSM ?
IR answer:
They Do not sell bonds, or equity directly but through brokerage houses.
5. Will NSM, now utilize its standing as an "Accredited Investor", as well as a "Secondary Market Bond Provider", use its available services as a financial conduit between the Original WMI Plan 7 Participants, and the present tense platform, functions that WMIH-Corp was unable to provide ?
IR answer:
All Bond or equity Secondary offerings are performed by larger brokerage houses, and they have no WMI plan 7 assets under management or for sale. So in his opinion he sees NO possibility of any share 4 value exchange.
Also all those Cusip's ... such as listed below in part: - NSM/WMIH is not servicing or managing any Estate Assets and they should be considered still under Trustee management. Rich did state that that does not mean it is not possible for someday beings asked by the LT or FDIC to service them but right now - NO ESTATE ASSETS ARE SITTING AT WMIH/NSM BEING SERVICED OR MANAGED.
929227ZC3 WAMU 2002-AR18 WSC
92922FEB0 WAMU 2003-AR10 USC
9292274D5 WAMU 2003-AR6 MUC
93934EAC9 WAMU 2003-R1
92922FZV3 WAMU 2004-AR12 MUC
92922FZV3 WAMU 2004-AR12 WSC
Also added: The BOD still plans name change and a 1:12 R/S
Thanks AZ for your continued support and opinions...
what's so exciting about $45 per share if they do a 1:25 reverse split, LOL
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the trading of this stock still makes me laugh,we were allready at $3 now it's climbing to 1.75 and everyone is so happy..hit me up when it's trading $45
WHERE'S MY MONEYYYYYYYY!!
Ahh, nice to see my account finally growing...
Some may think Im a little negative but I ask this question, What did Suckmann leveraged from insider trading colorable claim for us in court? A 10 year wait for the problem to go away LMAO!
What kind of legal representation does that?
I dont know anything about law but I would have demanded financial retribution right away adding some rico charges on top. I bet if the crime was committed by a nobody their only possession after the trial would have been their underwear.... but white-collar crimes go unnoticed.
There is always some announcement or life changing event that's about to happen but it never does. For 10 years those key (fantasy) dates or months have come and gone why would this one be any different....
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FUTURE ANNOUNCEMENTS
I have the feeling that something else is cooking and we will find out september-october at the latest.
We need to hear in from WMIH regarding:
* Those $65 Billion in mortgage servicing Patel was mentioning who are they coming from right?
* The Nasdaq to NYSE switch...
Any other developments or subs in works now that stage 1 has ben completed.
What do you guys think?
Bond are you gonna try to get some inside info from WillieRat?
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TRUE, THE BOTTOM LINE IS NOBODY KNOWS SHITS EXCEPT THE INSIDERS!!
NEED TO FIND OR HIRE SOMEONE BEAUTIFUL TO SLEEP WITH ONE OF THEM
TO FIND SOME TRUTH... ASAP...LOL!!
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Now that's the best idea in years lol
He was watching out for number one, he could care less about anyone else...
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Someone get MW on the Phone...All these days he "couldn't talk" as he was "represent9 us" and he was "an insider" . I guess that no longer should be the case now...At least he needs to tell us "I sold you down the river", You are SOL...HE GOT ALL THOSE FREE WMIH SHARES "Representing Us"...He owes us at least "A Parting Shot"...
I think the optimists here would say they want to hold the price low for the S4V event and hedgies are furious S4V has not happened yet. LOL
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Correct WMIH Market Cap is $1.6 billion (1.117 shares x $1.44 current PPS)
I don't know why it takes so long to update the share count to the new/correct value...
But don't get Suckmann!
Yeah Class action Lawsuit, been saying that.
When is this ROyal POS gonna show me some serious CoIn?!!
No doubt if HF can find a way to get paid under the table and screw retail they will...
Where is WillieRat by the way, probably went on vacation to some caribbean island and is counting his money. I hope he chokes on the Margaritas..
PIERS have made out like BAndits!!
A sensible assumption, QUOTE:
"We have already been screwed, we just don't know it yet."
1.6 Trillion, LOL where did you get that figure from?
February 31, 2019.
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"Not a dime in my accounts,can I get the next date for a non distribution please?"
Looks like it hurts them to release all those gold bars so they want to hold on to them a little longer,they love their luster but they gonna have to give it up eventually.
Be Patient...
Thank you AZ for clarifying my confusion the WMILT has nothing to do with the performing trusts. LOL
now it makes total sense.
If this was given to us as a fair and reasonable settlement or judgement by the court because of malice intent then can they still force us out and go private?? Does not seem right, I would not sell they would have to sell my shares for me.
AZ, unrelated question Is the WMILT possibly dissolving this year??
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As previously disclosed in the Current Report on Form 8-K that was filed by Washington Mutual, Inc. (“WMI”) with the Securities and Exchange Commission on March 12, 2012, WMI and WMI’s wholly-owned subsidiary, WMI Investment Corp. (together with WMI, the “Debtors”)), entered into a liquidating trust agreement (the “Agreement”) with William C. Kosturos, as the liquidating trustee (the “Trustee”), and CSC Trust Company of Delaware, as the Delaware resident trustee, on March 6, 2012, which provides for the creation of a liquidating trust (the “Trust”) that will have an initial term of three years, subject to extension for up to an additional three years (subject to certain limited exceptions) with the approval of the United States Bankruptcy Court for the District of Delaware (the “Court”).