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Dont worry Suckman has your back he will make you sign releases to give WMIH to hedgies in exchange for some milk shakes at McDDonald's.....
WMIH = SCAM
Does that include common. I used to have lehmq but now I just have escrow shares. Any chance that escrow will see some money?
Blackstone does not have the time to deal with WMIH right now ,they are working on their own deals. Besides Blackstone is NOT done charging the estate. They want all the sources of income they can get and I don't blame them. I blame the BOD since they are not putting any pressure on finalizing a deal. May the BOD plan is also to delay as much as possible so they can keep getting free shares...
Haha, Rosen in charge of our WMILT we are gonna be royally @#$%ed.....
Good Luck, Im selling 75% of my position on Monday, you can have it. Knock yourself out.... Im not willing to gamble another 30K on this crap. My tolerance for risk is not what it used to be...
How do you know Hedgies have not been accomodated already?
Yeah Im gonna sell half of my position and put it somewhere else, I'm tired of losing money here and having my money tied up...
I dont want to sell at a loss but I dont want to lose more money either trying to average down. Yeah there might be 6B on NOL's but looks like they already threw away 8B in ordinary loss. Now if I was in charge I would do anything to maximize the value of my company. Do you have any guarantee that they will maximize the 6B to our benefit or someone else's. Another thing that bother me since day one is if they made a deal to have a reorganized company why not make it private from the begining and protect our interests? Im telling you this case was never kosher and never will be, I'm sure there is stuff going on behind the scenes that will keep this thing under wraps....
Sounds to me like its time to sell. Our chances keep getting better and better as time passes....... Maybe is time to cut our loses and head to greener pastures. Like I said before this was over a long time ago when Suckman and Willierat sold our arses downriver..
Doesn't seem like it is neccessary for them to disclose who received the 6B dollar tab. As I said a long time ago the BOD is in it with the bandits and probably laughing at our expense
OK Finally ,so the next deadline is March 2014. Anyone else?
I fail to understand how this news is gonna help us? Hedgies already gave us the finger for the insider trading. Also if incompetent Suckman was able to get us a better deal back then 600 million would not have covered our losses..... So things are not looking up they are looking way down a long time ago
Hey Voodoo Im running out of patience. What will happen when March goes by and nothing positive happens as usual, will IHUB shut down this board for good?
yeah may be my children and nephews will get to enjoy what I could not, if we get different representation.....
What good are the tax attributes if you can't or won't use them? YEAH they are as good as ZERO. You are forgetting something as well. A lot of people think we screwed the hedgies because we took a chunk of their party. They might still be waiting to pull out their A's and plow the field level with us in it... It will not look pretty
Even if it dropped into the 40's I would not buy anymore. This stock has become too risky .. The longer this takes the greater the chance of ending up empty handed
Depends on your situation. To me it does not make sense to sell now after more than 4 years of waiting for something to happen. Now I have to ride it till the end, good or bad does not matter. I refuse to sell at a loss but it might be a mistake who knows....
may be so but I still think he could have gotten us a better deal for our releases. Think about it, JPM got billions of dollars in assets for free and FDIC save the financial system from collapse thanks to the sacrifice of a few. Now on top of that they get a free out of jail card and Suckman hand it for free. Some people say he got us something I call that BS. All we got is an "i owe you" that may be in the future we might get something if there is money around. What the $#%@ of a deal is that?....
YES YOU GAVE RELEASES no one twisted your arm to do so, you could have withheld giving releases and gotten a legal team you trusted and gone after JPM & FDIC for your own personal satisfaction if you did not believe in the EC's legal team.
You keep repeating that to yourself a few thousand times may be you start believing it...
Bob what are you talking about? I have 106,000 common shares that are worth nothing. Last time I checked they had a BIG ZERO on it. I also have 175 preferred shares that displayed another big fat ZERO. I had to buy another 25,000 thousand shares of WMIH to average down but so far I'm still losing half of my investment. Im pretty sure most people here have the same problem and the reason is they don't want to sell at a loss. I didn't ask for Suckman to give me riches but at least to get some of the money I had lost. By the time this is all finished I stand to lose more money because Im dumb enough to keep buying to try get the money I lost.
NEVER, The only wish I have is I hope Suckman and company plus WilliRat spend all they have taken from us in prescriptions. These people should go to prison or sued for making us sign releases without nothing in return....
That does not work for me, I'll probably be dead by then.....
Whatever you come up with add 3 months to it because it will probably get pushed back as uzual....
March starts tomorrow, what is the next deadline?
Pick you are right Suckman just wants to get paid just like any other lawyer, he could care less about the outcome of this saga. Willierat got him on board because they were in it from the start, sold our arses and got payed under the table. The money they are getting now is just gravy..... Money left is for lawyers there will be nothing left for the shareholder
thank you.
do you have preferreds or common escrow shares? and how many?
Anyone else getting this letter? I haven't...
The best deal Suckman got us up to this day was to make us release JPM and FDIC of any wrong doing for the crimes that were committed against the small investor. He helped the commons get the shaft, what a Hero, he is supposed to be this hot shot lawyer and war leader. He was probably hiding while his mates were putting foot to azz for this country. He's a joke... He got outsmarted by Rosen and then got outsmarted by the hedgies
True that, Its funny some people think we will get quarterly payments for the next 4 to 6 years. May be these people could talk to the BOD and give them ideas on how to make that happen
Some people are tired of hearing all these wild speculations that never come to fruition. We have been hearing it for the last four years. Also I don't think the BOD cares for common shareholder... People think the silence means the deal of the decade I say nothing will get done until we get rid the current BOD
Unfounded speculation kills the spirit of the board especially the ones that are on the verge of a panic breakdown. Speculation based on facts or proof are better suited for intelligent conversation...
I rest my case!!
I strongly agree. I would of made good money that day if I had sold and bought back in, I was dumb...
Indeed, who knows what will happen. Most likely a catastrophic ending to the 4 painful years we have waited. Kind of sad the small investor is always the one that gets it where the sun does not shine...
So does that mean GS is gonna give us billions of dollars?
Exactly, Pick. I have been saying it for years Suckman and Willierat sold our arses down river long ago....
I thought may be they wanted to buy us off and keep WMIH for themselves... Low ball offer of course
I see, thanks.
So Catz do you think there might be an important reason why they waited to show off their cards now? And could it be linked to the March deadline? Thanks