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and changing the date something surely is gonna happen and it be good.We can now saywe will get a new conversion ratio from KKR so instead of trading at $20,we're trading at $.83.
Did you already see the money in your account??
This is not a parttime job,they are doing nothing,zip nada,what is done is done by the 2 employees.The board members just go on regular vacations looking for "potential aquisition candidates" .Even I knew of some without doing trips during the whole year.
You gave releases just like ik and many others did and got escrows and Wmih shares instead.It isn't the judge's problem or Hosen's problem that we(WMIH) have a stupid and corrupt BOD doing nothing that getting free shares and creating 9 director positions for a company with no business.
Not much time left for all the funds coming in october.And I didn't see a dime yet.And I'm almost 100% sure on November 1 it will be the same.Nada.
Everyday a new low ,glad we'll be at 0 in couple of weeks,then I don't have to check my account everyday to see if I'm rich..Just wait for the end of quarter results and if no big money in these numbers,then we know 100% sure there is nothing left for us with help of corrupt FDIC.
A 7M short is meaningless with now already over 200M shares and a lot more to come;in fact it is a small short position compared to a lot of Nasdaq stocks.
The one shorting this knows very well what is going on and at what price there will come a conversion.And there are only BOD and KKR who know what going to happen coming weeks.
I was a bit shocked by Az talking about, as an example, first payment of 890M in shares.As billions are coming our way 8.9B would have been nicer as an example.But then we needed to get 40 of 50 times the shares we already have and that didn't look realistic I quess.
Ok we may 4 or 5 times more WMIH shares than we had but when they're trading 5 times lower at $.50 or whatever then what's the point??1000 shares at $3 or 5000 at $.60 is there a difference??
From 25 years being an investor,I learnt a few things and one of them is that shorters mostly know more than average joe.And this isn't a stock trading at $200 but rather at $.87 so he can only make 87 cents a share if this goes to zero.But if he knows only as much as we do this could go to $20 and he may be losing very much money.No shorther does this unless he has info we don't have.KKR has.
They may get some value some day but when the value has to be divided between 3.5B shares or 250M shares then what value do they have now??As I said KKR knows as they control everything now.
Only entity who knows what is going on and directing the game is KKR.NO normal retailinvestor was thinking about selling his shares at $.90 and now already lower.So KKR is the one bringing this down as much as they can so they can take over at a very low price when dilution comes..And BOD didn't see it coming or where playing with KKR??
But there is surely some paperwork to do in handling the case.As I am a Piers holder there is only to do these some work and handling the cash coming in and out.It is possible they can do it with half the amount they charge but as I said this is ch11 so nobody really cares .
So was Hosen his 25h a day but nothing happened!!
Who says KKR is gonna stop shorting us??
As we didn't get a 8K by now,we just have to wait for the end of quarter numbers to be 100% certain nothing will come except maybe 50M from the LT.And with Rosen still there billing us like crazy???
ah,you're the man.So someone or entity is holding millions,oh no billions in safe harbor and isn't telling anyone about it,isn't telling anyone about when to release them to the owners,isn't telling anyone who are the owners????Believing that is sick man.
Man this is ch11,they can do almost anything they want without control.Remember Hosen once charging 25 hours a day and the Judge didn't even ask him to return some of that stolen money.The more money leaves the estate the more it starts looking like a ligitimate ch 11 where there really was no money for equity.
It is a Multi year low,not the lowest it has ever been but we will get there also with help of KKR and BOD.
oops.$.50 had to be $.20 of course.KKR needs a profit too.
We will find out soon what new conversion ratio KKR has in mind for us after they shorted us for months.And BOD getting paid and look the other way or were to stupid to see what KKR had in mind.Good we have LG to say KKR was the best choice we could make.These crooks waited years untill there were allowed to short us into the ground.Let's make a guess :3B new shares at $.50 makes 600M for a qualified aquisition???
Don't mind him;it is now 6 months since he was talking"WMIH was gonna show us the way forward any minute now".And since we go down almost on a daily basis.
up to the next floor.Glad there is one bottom that Always holds with crooks like this BOD and KKR:it will not break 0 to the downside.
Or maybe we don't get one and return to the pinkies;would't surprise me with these clowns.
And if I were to believe so,I would Phone them and email them daily to give me my money as there are no more claims against us.
Maybe reread the FDIC page WMB almost completely closed and JPM problems out of the way.And then do you honestly believe FDIC is holding back billions????If so then you have a problem my friend.
ok,if we hear nothing today about millions or billions coming our way then we can say for 95% sure almost nothing is gonna come.No entity can withhold millions or billions without notifying it beneficiaries.We then just have to wait a bit longer for the end of quarter results to be 100% sure nothing is gonna come.And FDIC played dirty games untill the end about "The whole bank(ing company).
Maybe the sharks will hide the sausauge for themselves.They are NOT our friends but rather the opposite so watch your back.
They had 5 years to do an aquisition,5 years!! And nothing nada by 9 directors 9 DIRECTORS !!!I have to say that is almost fraud.
First news that is gonna come is bad news:KKR making a new conversion deal and only then comes maybe an aquisition decided by KKR.
KKR is running the show and they want a new conversion ratio for cash infusion.BOD played with the big boys but the big boys are much smarther than BOD clowns.
$.90 is still to high for this top nasdaq stock,our BOD were swimming with the KKR sharks and got eaten after the sharks played some time with them.Wonder what conversion for the new shares KKR is gonna dictate to the BOD schoolboys.
I hate when crooks like these make money doing nothing.A class action would still give them abit of a bad name.
We should start a class action against our BOD for not doing their job and getting paid for it.If others wanna start one,I'll join and throw some money in too.
And??
Almost a month passed and still waiting here:not seen a dime and nothing heard from my broker.
So what are you waiting for as low??$.10 or $.60??We already have lots of lows from the $3 point level.
You must be joking.A week old??
There is no support when someone is dumping shares.We had numerous bottems that broke,last was 1.15-1.20 but it broke in the end probably by our own "friends" KKR.