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And a massive 6.6 M shares short???And that took us from over $3 to $.91?I wonder if people sometimes believe it when they say a lie for 100 times and then it becomes the truth.We have all day 100 shares trades but all of a sudden a big sell of 50K or 100K passes by and some people just don't want to see that order.And the big ones are the ones who know more than we do.Number of funds will also come down now when we get the new numbers as a lot of funds are simply not allowed to keep stocks that trade under a buck.
Wonder what will happen when we get kicked out of the Russell 2000??How many funds buy that index so they got us with it even when they hate wmih.A lot more selling coming next weeks when we get kicked out of that index.
They don't care about us,never have and never will.What are we gonna hear next year??we've been working very hard to get a deal done but...And for all that hard work we need some more shares,and a lot more since the stock took a big dive despite all the hard work.
Man,I'm glad we can not go under 0,if that was allowed I'm pretty sure BOD we're gonna milk us even futher.
I expect an 8K soon:not to show us the great way forward but to tell us a reverse split is coming and a second 8K telling us they are in negotiations with KKR for a new deal to provide cash for an M or A.A bit later we will see another 8K telling us they rewarded themselves with some more free shares for all the hard work they did for us.So not 1 but 3 8K coming weeks but not the one LG or Az were hoping for.
Better look at BOD and KKR for $.90,they don't work for you or me,they only work for themselves and want to rape us as much as they can.
"I thought they said back in June they'd have that regularly now?" No please not as we have to pay for them saying nothing or even lying and then they are getting more shares that they dump right in our face.No more useless PR's.
ok,trading here around 93 cents thanks to KKR shorting makes me think:KKR is NOT gonna do a conversion now at 1.10 but rather at .93 with a discount,maybe 70 cents.But we need the money to do a M or A.So we can now say first a new conversion ratio and only later some M or A.So I think we can now say:no M or A before year end.And with the stock trading here,it will be a small aquisition even with 3B shares.If there ever comes one with these boys.
Have I told you lately how I more and more hate my WMIH shares and escrows???
The way I see it:They don't want my shares,they are selling them to me and I don't have to wait 5 minutes to get them.So someone is giving them shares to sell to us and not at $2 or $1,25 but now at $.90.As I said b4 something is going on and it doesn't look good and BOD telling us nothing but they know what is going on.Maybe they still have no clue what to do with WMIH and want to get rid of the free shares they got for doing nothing.
money is no at all in safe harbor:Hosen is milking it completely dry at $1100 an hour for representing us?
Someone is delivering shares at the MM's:I smell Pig now.
New lows coming,seems MM's getting shares to dump on us, wonder who is giving them cheap shares??WMIH??KKR??BOD??
it's been 9 years,no list came and no list will come.FDIC messed up bigtime with "The whole bank" and I think JPM got in the end the whole bank meaning the whole holding including the bank.FDIC didn't want to pay for their mistake and surely "golden boy " wasn't gonna pay.Remember"I could have gotten it for a buck".Well in the end he was even paid for stealing it.Four more days and the final gavel and it sure doesn't look good.
I would like something more than that.
If there is money for us it has to be within WMMRC or WMIIHC and we should be notified very soon or already have been.So again coming days or it is over for the big money.
I'll say it one more time:the smartest posters here already said many times the money will not come from FDIC,the DB -JPM cases were holding FDIC back to distribute the money they had.And once the casese were closed they distributed allmost all they had to creditors.And I didn't get a dime.
And let's not forget:they distributed around 2B and I didn't see a dime and secondly class 16 and 17 are still impaired.
Strange a lot of posters keep referring to FDIC for getting rich while it has to be quiet Obvious they (FDIC) are not gonna hold 2 or 20B aside after DB-JPM settlement.
the posters here who understand the case much better than you and me have already said(as did fdic)that the money is not gonna come from FDIC;and problems with JPM are gone so nothing holding us back now.September 2018 is not important anymore now.
Last week for getting a 8K with someone telling us millions or billions will come our way.If not by Friday evening we can put the billions dream to sleep.I hope we'll get one but I am not very hopefull.
Who cares if you're telling us it is wrong or right??We will know in a couple of days what is the truth.
That doesn't apply anymore:billions of the assets were given away before 2012 and with the POR.
2 8K will come out coming days;one is the new conversion ratio KKR has become for being so kind to invest in us and another 8K telling us how much shares every boardmember will get coming months.As LG says to show us the way forward to?3.5B shares at $.15 maybe??
Or some big funds are jumping ship as WMIH is doing nothing in a whole year and they take their loss and move on or KKR(top level crooks)are shorting us to get a much better conversion for their shares.Whatever it is,our boys show they don't know how to do business or only want some free shares.And at .90 they will get more and more shares.So more dilution coming.As I said yesterday:disgusting.
Wow strong selling now and it keeps tanking day after day.
Internet full of lies and fake news.Better go to WMIH homepage and read what they say.
Loaded up some extra at 1.20 as I was thinking:this can't go lower here with the NOL's.But I forgot this is a POS with crooks at the helm and now I'm already down 22%in a week.These crooks should bring a Pr out with the reason we are at .95 instead of pumping about the 2nd lien notes.Disgusting!!
Ok closed at a new low on 700K shares;glad i can only lose .95 a share now.I hate all these inside trades going on and we will hear de bad news when it is too late.
I hope they are gone:that would mean money coming.
I don't think there will come a 8K explaining the way forward.This BOD has only 1 point on the agenda:milking and doing nothing.After 5 years and still no merger:I should look it up how they exacty said after taking KKR as partner(in crime).They we're now able to talk with the big boys about possible M&A???over 2 years gone and zip,nada.No 8K coming except the one about free shares for themself for all the hard work.
There no reason at all to wait that long.Nothing is holding the person or agency or company(whatever) now back to unleas the goodies to us.But maybe there is nothing there.But as I said couple of weeks and we know.
why walk away???they make big money bringing this down and then they will make a new deal with conversion at $.70 or $.40 who knows?Remember this little people from WMIH we're very happy getting KKR on board but they didn't understand the big boys game like KKR does.
we have a couple more weeks and if no VERY GREAT NEWS by then,I think we can then say that it is over for us(except for the LTi small recovery).No big recovery then.But let's give it 2 more weeks.
We know,but on paper he is representing us but we know better:no money for equity while we we're in the money and there should have been a ch7.
at $1100 an hour?why should he stop milking??After all he is the milkman.
to specify some more :Piers ticker were already removed out our accounts years ago and checques go to the persons directly without passing trough the broker.
Piers are not paid off completely,only the notes( 1st and 2nd) are all called now so they are still impaired now.
Better reread what they started with(we need xxxx to do the job) and look what they need nowto do the job.We we're in the money with wath these crooks took from us.
I for one liked the 13% intrest on my notes:nice money but good for them they called them all now.I also got my money but no more 13% intrest now.