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Nor I. Going to wait till it settles in 20s imo.
wow still collapsing today
next APS play will bring gobs of folks ; was nice $$ on SNPK - trying to ride the momo waves lately, just got to get off the board in time :)
nice ! still waiting for WMIH, looks like gonna be a looooong while more
GM guys, yeah I'm staying away, failed ihub pump imo
GM, very nice on DNAD !!!
Aye, there was another one a couple of years ago,similar thing happened; don't recall the name right now.
What do you reckon? Probably a good idea.
wamuvoodoo
Tuesday, April 03, 2012 5:25:18 PM
Re: None
Post # of 369286
from marymbobh
Tender offer coming... 49 minutes ago Shareholders of WMIH are likely to see an offer to tender their shares for cash in the $2 to $3 pps range sometime in the next 3 weeks. Please don't accept it. We can do better. That's probably the reason for some many bashers recently. Rating :
(16 Ratings)Rate it:
Sweet ! thansk for info, started looking at it again, trying to fill out where to place my buys, probably safe between .006-.009 :)
Hi guys ! :) Hope all is well and profitable.
bunch of BS ! can't belive I have to waste my time and call on this. At least in my Zecco there were no isses.
ok, etrade will update within an hour.
Thanks, I'm going to give them a call.
GM, did etrade change the cusip to WMIH for you yet, not for me.
exactly ! This should not have been trading until more info was released.
Yeah, why is it trading, that is the question. I thought that we'd hear from the Company first.
No symbol in Etrade yet, I may be a while before we trade.
NEOM looking hot MB !!
Greedy etrade charged me 5 times $30 for WMI reorg. I was like wth, getting it all reversed wow
yes indeed! I'll be dreaming about that tonight lol
You think? I wonder what exchange if we are.
When you go to Transaction History, you can see how many you get now; I counted up all my 'counts' for each received line and it all adds up.
EDIT:
It just does not show in the Account oficially yet.
Just checked mine and same thing happened; looking forward to seeing the #s next week. Have a great weekend!!
Very nice :)
hehe I would love $10 :)
Can't wait to see them in my Account and onto the new Co !
Interesting #s
uzualsuzpect
Friday, March 23, 2012 10:43:37 AM
Re: None
Post # of 367117
Conversion ratios plucked this from another board
Quote:
--------------------------------------------------------------------------------
From: Edgar G. Sargent [mailto:esargent@SusmanGodfrey.com]
Sent: Thursday, March 22, 2012 4:36 PM
To: barry
Subject: RE: Wamu
Here's information I just received from Alvarez showing conversion ratios:
142,500,000 (75% of 190,000,000) are distributed to holders of preferred securities as well as claims subordinated to the level of preferred. Total disputed claims at the preferred level are $106,514,585.09. For those claims, 2,109,051 shares are reserved. The remaining 140,390,949 are distributed evenly by liquidation preference across the $7.5 billion of preferred shares. However, while the TPS are denominated in 1,000s, the Series K has a face amount per share of $25.
For the TPS, 3,729,658.260 shares provided releases and will receive 73,849,406 shares or 19.80058 new shares per old share. This share count is after giving effect to the mandatory exchange.
For Series R, 2,906,421 shares provided releases and will receive 57,548,829 or 19.8005825 new shares per old share.
For Series K, 18,166,565 shares provided releases and will receive 8,992,714 shares or 0.4950146 new shares per old share.
For the common shareholders, they are receiving 47,500,000 shares of which 4,165,750 shares go to the Dime Warrant holders, 2,631,933 shares are reserved for disputed equity claims, 693,806 shares will be distributed to Principal Financial on account of their claims and existing common will get 40,008,511 shares. For each share of existing common granting releases in the total amount of 1,194,340,178 shares, they will receive 0.03349842 shares.
Because no fractional shares are being issued, the percentages for each holder may vary due to rounding. I’m not sure what you are using this information for, but that’s an important point for holders.
Hope this gets you what you need. I'm out until tomorrow so if you have any follow up I will probably respond then.
Edgar
--------------------------------------------------------------------------------
GM, nice !! NEOM still holding up, lots of buzz I see.
Yep !! Nice recovery end of day.
Thanks MB, 10-4 on NEOM ; in as well. :)
I had to dig this one out LOL !!
Major_Bankz
Share
Wednesday, October 15, 2008 1:25:42 PM
Re: traderpaul post# 26662
Post # of 41263
bot some WAMPQ also @ 2.00 only 2000 shares.holding 45000 WAMKQ.
lol hear hear Jerle ;)
GM :) onto WMI Holdings Corp.
Updated Symbol Company Name Effective Date Unit of
Trade Comments
09:32 DIMEQ Washington Mutual, Inc. Dime Bancorp Litigation Tracking Warrant 3/20/2012 100 Plan of Bankruptcy effective. Shares have been cancelled **
09:32 WAHUQ Washington Mutual, Inc. Units 5/3/2041 (PIERS) 3/20/2012 100 Plan of Bankruptcy effective. Shares have been cancelled **
09:32 WAMKQ Washington Mutual, Inc. Depositary Shs Repstg 1/40000 Perp Pfd Ser K 3/20/2012 100 Plan of Bankruptcy effective. Shares have been cancelled **
09:32 WAMPQ Washington Mutual Inc Non Cumulative Perp Conv Pfd Ser R 3/20/2012 10 Plan of Bankruptcy effective. Shares have been cancelled **
09:32 WAMUQ Washington Mutual, Inc. Common Stock 3/20/2012 100 Plan of Bankruptcy effective. Shares have been cancelled.
http://www.otcbb.com/asp/dailylist_detail.asp?d=03/20/2012&mkt_ctg=NON-OTCBB
Very nice, thanks MB !!
Cool, that would be nice !
POPT interesting, that would be amazing if it followed in MEDT's footsteps :)
Oooh nice play guys !!!
I wish POPT reached as high as MEDT in 9/2011 ;)
Etrade has been pretty good with this whole thing. I don't see them causing you issues.
rockie101 - Fax it in to etrade and follow up with a message to make sure that they received it, you will be ok.
GM and Thanks for the info MB.