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What is the calc to get to &28.57?
This is a stock board take your BS political opinions somewhere else.
Libor has nothing to do with the WMI bankruptcy case. Just have similar beneficiaries. Rosen doesn’t have to wait.
LP What delay?
How do we know about 5% restrictions being removed?
Boris - what filing?
Hot meat - you obviously don’t read well. Your link is to the consolidated BS for WMI, Inc. There is no breakdown on this page as to which sub was holding the portfolio loans.
Itsmyoption can you repost email from Gallagher. I am unable to find your origins post
Bo it looks like FDIC is trying to steal trust assets and cover up their crime!!
Kate maybe you never released or ever owned any WMIH shares.
BBAN that might be for the bond holders, but not new stock positions.
It makes no sense for Steve Cohen to buy 4mm+ shares than short his own stock. Nothing to gain at all. I don’t think you understand the concept.
Argus plz repost link.
Royal what do those JPM notes have to do with WMIH or LT? JPM could be raising capital for almost anything.
Royal what r u saying?
Cura what exactly is that saying? Funds coming from someplace else possibly?
Cuts - sho gets the $550mm?
BBAN - I agree for near term, but it will move much higher towards closing. Greedy insiders who know will start buying all the shares. As I said before only the ratio is fixed and not the price!!
BBAN you need to re-read Eclipse doc. The ratio is set no matter what price WMIH stock hits. Going much higher my guess and NSM will get benefit.
AZ don’t see any ref to NOL’s in S-4. Where is it?
Rockie - No K8 any day! If you don’t understand simple SEC filing terminology you shouldn’t be investing.
Voo - you blew it flipping your $.70 shares of that in fact is true. You can buy more at $1.25+ or just watch the train as it leaves the station.
Jerry - You have no idea what you are talking in ref to NOL calculation. In fact, you can refine back two years with NOL’s. I am guessing NSM will be filing for a huge refund!
GG - i totally agree something else in the works. This deal could have been done in less than 60 days. It was pushed back to let the next domino fall before the merger. IMO.
Ilene any insight on escrows??
Ines any ifea what that filing is referencing?
Voo - there are no issues with this merger. The only real question is why they plan on closing something that could have happened in weeks. The answer - another merger is going to happen first!!
Voo -$1.33 and going higher!! You should have never sold. The train is now leaving the station to go much higher. There are a lot of moving pieces that we still don't know about this deal.
Voo - It’s not going back to $.70. Buyers who were limited by sub $1 price are now loading up their wagons.
I received a similar call earlier today from Etrade, but seemed like more of a courtesy call.
Voo - where do you get this nonsense? Fortress Group is onboard and they own NSM. Done deal it’s over!!
Voo - How is that $1.17 close looking!!
Zulal - nobody really cares!! This isn’t your personal crying station.
Royal - What does that link have to do with WMIH?
Zero chance it closes below $1 anymore. If you missed the train it’s too late!!
Voo - what happened to you
Theo - No company does a conference call mid day during trading unless it is good news. It would be suicidal to schedule that way.
Jaysense - totally agree on another transaction. The merger with NSM could have closed in a month. There is a reason it was pushed back until November. KKR/wMIH has something else it wants to add to this new platform.
Jinsong where do you see M&A?
Dmd2020 great post on residual Wamu participation in issued MBS securities