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The uplisting was the final step to the next action, which I contend will be huge. Patience pays off, soon.
Something will be happening any day.
Everything is now in place and I believe we will see a major announcement in the next couple months, but could be ANY DAY. IMO.
Trust me. You know I've been right before......
Those without escrows will still reap rewards from them since many who own escrows will invest back into WMIH with the payouts, causing the stock to soar. Everyone will benefit from the escrows.
The real escrow benefit to WMIH is not the 2.5%. It will be the massive investment back into the company by escrow holders post payout who feel an allegiance to their new company and also know that it will be a substantial growth company going forward that will yield huge returns for its shareholders.
I for one will invest significantly back into WMIH and so will others I've spoken with. Where better to put our escrow money?
This will cause a meteoric rise in SP, a win win for everyone.
Why would Tepper sue? The money is already his? Duh. Where do people come up with these things?
Exactly why Tepper won't just sit back and wait forever. he wants that $$$ more than we want ours.
Relax and enjoy this ride. Escrows are indeed golden.
The hedgies stand to make billions and they are working on this "for us". Yes, we are along for the ride of our lives.
AZ, I agree. Thanks. My feeling is this:
I think we will see some strong activity in WMI or maybe even escrows in the next 2 months. By EOY certainly. But - could be any day.
The escrow machinations are so complex that anything goes really,but we need to keep in mind that the big boys want their money even more than we do!!
I also think we will receive a minimum of 4 posits, with MUCH more over time.
All in all I like our chances. I am concerned about the corruption of this administration, but I like Lynch MUCH more than Holder so that helps, however even she is still a minion of BO. Not good.
If justice prevails we are fine. If the world doesn't implode we are fine. Two big factors in the process folks. And the big boys know this too so they are having their accountants and lawyers work on all this feverishly as we speak. And again, us gladly riding their coattails......
Az, many don't seem to understand this:
WMIH "owns" WMIIC. And that's who owns the rillions in assets. Not JPM. Not FDIC. Those assets belong to US! All connected through the LT.
Bopfan is the real reason we are here, at least many of us. her ideas spurred our investments way back when.
Thanks to her!
Walrath basically said "RELEASE"!
>>>>>>She almost came out and told people to release.<<<<<
I almost did not because I didn't trust her but in retrospect it looks like this deal will turn out to be fair and reasonable after all.
$10B is par and we will see many more Bs than that.
I love my LTIs, az. Those who released will be happy very soon.
While I do feel bad for those who took the chance and did NOT release (I was almost one of them), the facts now point to many Rillions returning to their rightful owners. US!
Correct on uplisting.
WHEN they announce "the deal" the stock will rise quickly and once above $5.00 the institutional big boys can buy in now that it is on the Nas. Their charters would have precluded such buy actions if they were on the pinks.
I contend that something very major is afloat.
Where are the assets in the R and when are they released? $2.6B my butt! This is the best kept secret in history because of its enormous magnitude. A true conundrum for the government.
LTI distributions must go direct into accounts.
They cannot take the chance of large checks disappearing in the mail. No way. That would be a logistic nightmare. Make sure your accounts are updated with accurate info.
No one knows about LTI dist yet.
Could be any time now. all's in place. now it's a waiting game. We are in the hands of the R for now.
Look, don't kid yourselves if you don't think the hedgies want their money even more than we do. They are on top of things trust me. We are luckily along for the ride on the gravy train.
could be any day but we should hear by EOY for sure.
Meantime watch WMI for something big to happen.
Patience. Wait for the news.
Take a chill pill people!
The dilemma for the FDIC R.
How do you release billions without causing a huge public uproar? Not politically correct. yet they must do it. That's why I still contend, as AZ and many do, that the disbursements will be done over time (not all at once) through stock grants to the LTIs.
Yes scrivener. But many don't want to look at facts. We should know more about escrows by EOY.
Very good news coming IMO.
14.5. :)
The 3.5B are meant mainly for us escrowers. Did you release, my children?
Uplisting wasn't huge? LOL It's a progression of events from here. I swear everyone thinks this all happens overnight! Duh.
For the doubters. Why 3.5B shares?
Do you think they just picked the number from a hat, or took a WAG? Nah. They knew how many shares will be distributed to LTIs. yep the fun is about to begin children.
As they say, it's all accountants right now. They will hammer out the final numbers. who knows what they will come up with but +165B seems to be the common thread amongst the experts thus far. Could be bigger or smaller. I would be happy with 10-40B, but the hedgies want much more and we will gladly go along for the ride..........
Rest assured escrows WILL be paid.
How much and when is the question but all's in place! 10-40B but could be much more.
Reptile, all is in place. Everyone in the know feels good about where things are headed so be patient for now.
the next couple months will be great for WMI and us investors. IMO
ron and csny more positive than ever about escrows. We know az is as well.
I agree with them 110%. All is aligned and the accountants are no doubt hammering out final details on asset #s. something big will break in the next couple months, def by EOY.
$10-40B soon IMO.
Sorry but Sept is a BFD. Off pinks!
Trading on the Nas will make a huge difference going forward. People want instant gratification these days but life isn't like that!
Relax people. There are other events happening very soon now. Geesh.
Once this gets through $5 and the insts can buy it's off to the races.
LG, in April Mike said don't hold your breath on the escrow question.
I don't think he'd say that today. We are that close. Skeptics say, well where the hell are the assets. $165B plus in assets just don't disappear now do they?
My worry remains the corruption of this administration and Dimon's relationship with it. I think as CSNY, that 10-40B is certain. The rest will likely somehow remain in Dimon's back pocket. Obama will see to it.
I hope I'm wrong but these guys are snakes.
Next week and beyond:
Now that my Sept prediction came to fruition....yes, it did (as did my end of July share prediction - despite attacks here)....this is what I see going forward.
Next week we will see a slow steady rise in SP. Nothing meteoric, sorry....(unless there is an announce).
Next will be the capitalization and M&A announce. Not sure who or when but it is coming very soon. ~~~then the stock takes off to new highs and well beyond.<<<<
Escrow LTIs will start to get paid any time now with sizable amounts by EOY. Small payouts to start with,then increasing in amount. The wildcard is our corrupt FDIC/Gov. No one can predict with certainty how the crooks will handle these assets THAT ARE OURS!!
GLTA. We are close to big things.
All just based on DD and logic.
It was no great prediction by me really. anyone following this closely the last 7 yrs could see this coming to a head now. Great times ahead if you own WMIH and escrows.
Timing of announcements.
So why now? Why did they uplist now?
easy answer - more announcements to come ~~~~~~Expect something about M&A any time now to coincide with the uplist. they did not go on the nasdaq to be there at $2.40 I can assure you.
Will an announce happen tomorrow at close or Mon at open? Maybe. Who knows. But it will be soon.
Not sure about escrow timing but that could be soon as well. I expect $10B off the bat. Then more to come.
Isn't September a great month. ;)
I'm just not the type to say I TOLD YOU SO.
Many big things could happen now.
Uplisting is done. M&A is next. Then info on assets and the start of share flow to LTIs and escrow payout commences.
Pity those who sold.....ahemmmm.....and didn't grant releases.
>>>>>The rest of 2015 is going to be a wonderful thing.<<<<<
September! Ha! Love it.
Escrows WILL get paid, but it will take some time yet. There may be an initial payment of several billion, but we don't know when that will commence yet.
Over time it will be the gift that keeps on giving.
Aaron, I never said escrows would be paid in Sept. I said things would start to happen in Sept. Escrows payouts will take some time yet IMO. lots of legalities involved. WMIH is a different story.
There will be a cascade of events soon. This is just the start. Much more to come once things begin to unfold.
yes, I have a shitload of WMIH and I do love my escrows more and more.
Hmmmm, is it September? ;)
Funny how they all think $165B went poof. Beyond laughable!
$2.22 to 2.60 is nothing?
September. :)