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Added a starter @ .013 as well. Hope I picked up a good spot to jump in. Chart looks pretty good here for entry!
Been following along here for a bit waiting for a possible summer slump.
Finally got the chance to dip my toe in here. 6's look too good to pass up! Should probably grab more but I'll see what the next couple days brings and average in.
Not to be nit-picky but instead of 1.84 being the 200 day (1.19), it's the 200 week moving average. A more entrenched line of resistance to crack. Another great moment will be when the 50 week crosses over the 200 week!
Agree, clear air and blue skies ahead :)
As long as our parting gifts aren't a Seal-A-Meal, a year supply of Pledge and a pack of Clorets I'm fine with any number of participants.
My escrow numbers might not be large or even medium size, but I have a little dab of all flavors. And adding bits of WMIH as we go along. Those $1.38's a week or so ago aren't looking too shabby. Pretty cool to be along for the ride for this unique situation with some other big players :)
Wow, I'm one of only 8,000 participants? That's kind of cool to think about.
Hope they pass out some nice goodie bags as the party concludes :)
WMIH/COOP step up to try and acquire a 6B company? Is that even possible ? :)
Good point Phosphene! Captain has hands tied to wheel. If there is an unexpected dip back the 2's or 3's I'll be ready to grab a bit more.
Would rather a bit of good news today to put the 4's and 5's in rear-view mirror :)
Mad Dog and Mickey's. Add a 40 of Olde English in there and you're giving me flashbacks to my youth :)
I guess 1.39 is as good a place as any to add another dab today :)
Thanks for continuing to share your thoughts AZ, much appreciated!
Additional grants or buyout it is :)
3.5 years is up Oct 20th then?
So you guys
think MYMX is dead and gone without big news today? All out of chances? Or pps takes a big hit on bad news but still with a glimmer of hope for a year or two down the road?
Not much to say there. Hope they are being used wisely to keep key employees happy. Going to have to use shares until DIGP can turn a profit. Not unexpected, hope they don't get carried away.
I'm far from an expert myself jhdf51 :)
Regardless of how many shares are available to trade today it's still pretty encouraging that there's enough interest in WMIH to move 14M of them already today! I'd like to be part of that volume adding but trying to be patient and hold off and see if this has been propped up and buy on a quick dip. Otherwise I'll have to be happy with what I have.
I don't know how applicable past highest volume is to trading today. Do we have an accurate count of how many shares are available for trading today at this moment? Has it gone up from last week or yesterday? Hard to know if we have all the updated information to make an informed comment on volume. Are there now like 1.1B shares available to trade? 200M? 400M? Seems like that will be a moving target for a bit? I been too busy the past couple days to track down the latest figures if they are indeed available to us.
In any event this type of volume provides liquidity, and big money insists on playing in stocks they can get in and out of without making a huge impact on price. Love the action, someday we are going to get some movement with this volume. No idea if they are holding it back or propping it up. But this type of volume would normally have some kind of price action along with it.
I'm still here. Long boring summer just as I expected. Might add a little more now in Aug/Sep looking for things to heat back up again in the fall and winter!
Interesting thought. Will keep an eye on that.
Picked some of those up myself. If it hangs here or goes lower I'll keep adding. Hope you got your fill :)
Smells delicious! You think after close today or more like the 6th?
Thanks for the welcome! Have been in and out of ARGQ before due to numerous delays and no action. Now that there has been a sign of action with results I'm here to stay :)
Don't know if ARGQ can be a life changer but a 5 or 10 bagger would work! I can stick around for quite some time for that if they stay on track.
I'm back in for the ride today. Just needed to see that first one confirmed. Now that it has been I can hold a long, long time to see this through!
I missed this fooballref. Do you have a link?
Sorry, I ended up responding in general to the R/S issue on your message after seeing your 1/20 ratio along with the other posters concerns in previous messages.
I highly doubt there will be as much as a 1-20. That's for companies that are bleeding money and have no hope of survival. A death spiral.
WMIH is not in a death spiral. There may be a temporary shake with downward price movement. But once the dust settles we'll still be fine even with R/S.
So they end up doing a 1-20. Your 1000 shares worth 1.40 each are now 50 shares @ $28.00 each.
You still have $1400 either way.
Only reason I see for R/S is they want to uplist quickly so major players can buy in, not death-spiral smoke and mirrors.
But yes, healthy price fluctuations can be on the horizon with uncertainty and fear. Those are great times to buy, not sell.
This would not be your usual reverse split of a dying company trying to stay listed on Nasdaq or scrambling to stay alive. WMIH/COOP should be profitable along with tax benefits on top of that.
If the price gets slashed it's a huge temporary buying opportunity.
Good grief, let's hope COOP turns out way better than KOOP.......
Well let's see if there's a repeat of yesterday pulling the rug out the last hour with 8M or so shares traded :)
Good luck, hope it doesn't backfire on you :)
I don't have the guts to try selling any to buy back lower. Have sold a bit from other positions instead and have a little powder ready for a possible dip.
With all the people expecting a dip it wouldn't surprise to see a slow steady rise instead beginning tomorrow. Who knows, fun to follow along!
My best guess is the action intensifies tomorrow with all the new liquidity. I've been wrong before, but that's been my hunch all along. Wait until all the new shares are available to trade and see what happens.
That would be an absolute dream come true Bob to collect divies not only on K's and P's, but divies on WMIH :)
Agree, there will likely be much more gut-churning share price action ahead.
Keep focused on the long term growth potential of WMIH during the moments of distress!
If nothing was going on here volume would be dead. Short term price swings will always happen, but big volume is good for a stock unless it's a selloff on terrible news. People are covering, exiting, entering at this level, etc......
For the sake of all WMIH holders hopefully this is a shake because greedy people want more shares, and things will be moving up in the coming months. Might take awhile longer to play out.
Dang, 3M right at close to push over 10M today? Lots of interest regardless of price movement :)
I don't know about that, but I do know that often times in the market share price does not clearly follow the direction your emotions think they should over the course of days/weeks/months. That's why it is best to buy when people (ourselves) are most frustrated and fearful. Like when many of us here gambled on some BK WAMU.
Will not surprise me one bit if WMIH disappoints with the share price in the coming days/weeks/months only to spike when least expected. If it craters it is a gift for all of us to add more, because the setup here over the coming years looks like a potential beauty!
Cash ready to go for more WMIH if it does! Won't stay there forever and we lose nothing in the meantime unless an individual panic sells. Gutsy folks can sell now and hope for a drop to buy back in with more shares. Not for me :)
Do these schedule conflicts occur frequently?
If class 19 & 22 won't be left behind to "participate" years later I will take a deep breath and relax :)
Thanks AZ!
"But I don’t trust anything here so it wouldn’t surprise me they wait until the thing goes sky high to dump a few shares on you."
I'm right there with you my friend. Hope we are treated fairly, but the sooner the better. I'd love a cash infusion from escrow to add even more WMIH before the climb :)
The way I see it is I want my 10 shares at $10. Then when WMIH grows to $100 I get the appreciation to $1000. Instead of 1 $100 share later. That's only $100. See what I'm saying here? Somebody else pockets the other $900 in scenario 2.
Downside to price increase:
The way I see it if our escrow markers are being paid in 100% cash someday then WMIH price increase can go as high as it wants I don't care.
If we are one day going to be paid for some/all of our escrow markers with a fixed $$$ amount in WMIH shares, then I hope it happens soon. I would much prefer xxx,xxx shares at $1.50 sooner, than xx,xxx or x,xxx shares at $10,$20,$30 far down the road.
Please if shares are coming give us them soon so we can also benefit from WMIH price appreciation and not be given shares long after the rise has taken place.
$1.50 on 1M shares following up on almost 4M shares traded yesterday. Inching closer to 52 week highs......
Is this WMIH beginning to "tell" us something as AZ has stated, or ClayTrader momo temporarily breaking the embedded derivative?
Yes the days are ticking past. And in the meantime volume is exploding today :) Happy to have played a small part in that. Probably my last add until the merger is completed. Keeping some dry powder in case of a price decline post-merger. Hopefully we'll all have huge piles of fresh powder in place of our escrow markers by then :)