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In plain English there is no 151B nor 300B
Here the Holy Grail!!
https://closedbanks.fdic.gov/drrip/Ext/BalDetails/10015
Need I say more?
Here is the icing on top!!
https://www.sec.gov/Archives/edgar/data/933136/000119312515400186/d29830d424b3.htm
Huge WMIH dilution if you decide to stay after January 5 2018
Yeah!!!
Monica, How is Sierra doing? Any News??
http://sierraworldequityreview.blogspot.com/2015/03/wmi-holdings-corp-wmih-rating-and-10.html
LOL!!
LMAO!!
LOL I changed that just for you.
People on the BOD are not common folk like you and I, they are in a far better position to make money than you or I. They could be sitting right now eating dinner and planning how they are gonna screw us over and over. They can get paid in many ways just not shares on an empty company, for all we know this all could be a charade. They get to go to other positions with higher salaries or get better opportunities to make money. Also they may not need the money and just be doing a favor. There are so many variables opinions speculation.
The truth is nobody knows crap and there are no guarantees so this could end up as a Flop.
I never said nothing is coming back. My opinion has always been escrows will get something but not tens of billions. I always said around 50 cent for escrow and $200 for preferreds but again its just a guess I have never pretended to know more than anyone else and I dont predict riches every year for the last 9 years either giving false hope to people.
If that is what you like, being hopefull that is your prerogative however I like to see factual information that we getting paid and to this day I haven't seen any!!
Do u really think they are gonna wait till the last minute Dec 31 to do a merger LMAO! If it does not happen within weeks I bet it will not happen before January 5 2018 or at all. That is probably why trying to look for advise elsewhere. What an inept group of people sinking the boat we are in.
LOL nothing is gonna happen!!
This is tumbling down like a row of dominoes!!
So you are saying Margin buys are in order now. THAT"S NUTS!!!
Hey Don, do you think this will get back to $3 range after the dust settles?? Also do you foresee a huge sell off by the hedgies shortly after merger? Thanks.
It will go lower than 60 cents!!
There should be a collective Lawsuit...
BOD drove this into the ground!!
Does anyone else sees red flags everywhere?
LOL Cotton, good thinking!!
Difference might be if this goes to $5 after they issue the shares you stand to make $25K instead of $5k
Hey Don nice to see you still around. I agree with you too much greed and sharks out there. I learned my lesson too I'm not gonna risk being the last one holding the bag. These people cannot be trusted and the reason I don't believe in long term investments anymore. If I'm lucky to get something out of this I'm going for quick profits(day trading). A big chunk of my money has been tied in here for far too long..
I want cash for my releases not shares in this POS!!
There is nothing you can do about escrows either you get some money or you do not, end of story. The only thing that could protect us is the hedgies interest for their multimillion shares if they decide to protect their investment. Bottom line noone cares about retail investors.
Personally Im just waiting to see what happens prior to January 5 2018. Something has to happen before the $600M loan expires.
Voodoo Im with you I don't trust these sucka's they know what's going on we don't..
Cotton for President!!
This Royal POS is in FREEFALL!!
So preferreds can get $75K / share LMAO!!
Give it up, It's over, this thing is on Life Support. Death Imminent..
$WMIH should get delisted and close down permanently!
I hear u Jersey my greed for Wamu left me bleeding on the curve. I was waiting for riches and missed the opportunity to sell at $3 and make some profits. I will never be long in any stock after this. So if they made an offer on the CT's I might take it as well. But I hope we get the Full Monty.
Plus who knows if that happens maybe my lehman commons still have a chance
I would like to see what any kind of dividend payment will do to the CT value. That would be fun to watch and wait. I'm with you I prefer the dividends. I cannot imagine the big players taking $5 especially after all this wait. Cannot remember but I think US Bank holds a lot of CT's??
I wish we all do well here that will take off some of the Wamu bitter taste. Good Luck to all.
I hope so Jersey I need some sort of good news from somewhere since WAMU have lost its luster lately...
Now "IF" CT's got back dividends paid wouldn't that raise The price of the CT's??? All Hell will brake loose??
That's sweeet Cotton. I hope we all have a very nice Christmas this year
waiting for Cotton to hear his interpretation of "All Allowed Claims"...
Sorry Wayne, I never saw this coming!! what a shame...
$WMIH = GREATEST POS OF ALL TIME!!!
Something's gotta give!!