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Having a hard time finding where kravitz purchased these 71 million shares that some are saying. Wonder why that is. I looked at the updated fund transactions and I’ll say what I’m seeing I’m not surprised
can you post the link to where kravis owns 71m shares.. i would love to see it
lol, so now were shooting for 1.35 im sure you will be in the money with them 55k shares... lol cant believe this board still doesnt get it
i hub should have a countdown clock to the reverse split deadline for wmih..
are we still in a quiet period... that was the biggest manipulation theory that I have ever read on a message board.. lol
nice pop into resistance, what did I miss... im assuming the board on here is looking for a reason as to why it finally popped.. some guesses I assume are maybe wmih got its nols back or maybe the escrows finally paid off.. heres a reason, its not hard but yet many on here over complicate it and do not understand how markets work, markets always stretch to the downside and upside... there is more buying than selling this past few weeks fellas, dont over complicated it
according to the conference call a month ago, management stated the NOLs were its biggest asset, a question was asked about how escrows affect wmih common shares and management answered this question.. not sure why most bring up escrows and piers on this board.. this is the wmih board, If i understand correctly there is a board for wmih escrows.. so as far as wmih common is concerned he is wrong according to wmih management
yes, thank you... other the being wrong on wmih losing it NOLs and escrow having an effect on the common and the price of wmih you been spot on.. board is grateful for the knowledge
neither, Im a trader.. after I buy I have a 10% loss rule, a stock declines by 10% I sell and do not look for excuses.. I been trading in and out of wmih for a few years to the long side... Im pointing out that listening to posters and message boards will alter ones bias..
lol.. not sure what you said but if it helps you to continue to hold and convince others on here to hold, have at it.. been reading your bullish posts since 2.50 and you buying the dip all the way down everyday to .60 Ill sellin half here and see how it handles this .80 range
got stock??? so far so good, volume clues the past few days will be good for a trade.. so lets see how ole wmih handles .80 resistance, I know I see alot of high fiving on the board the past few days, from 2.50 to .60 and we got a pop.. question is, is this a relief rally or a start of a new trend, no one knows but I wont be piggy when it comes to falling in love with wmih, I still think this goes to a reverse split... trade it dont marry it
Got stock?? I do. Loaded da boat at .67 today on vol. clue. My guess . The escrows paid or wmih got the NOLs back
as soon as tax loss selling is over I think we rally, rally up to .70 eventually this does a 10 to 1 reverse split and will bleed lower and of course the more time it takes to get a deal done towards the next deadline it will keep bleeding lower, now this next time I think the prefered holders are not so nice, if and thats if you listened to cc you will remember alot of the prefered guys were on the question and answer part expressing the displeasure in not liking the new terms but rather they wanted the option to get there investment back instead... so you see when many on here are spreading false information the ones who listen know that many on here are underwater in there wmih investment and for some reason feel better by reading false post, which in turn do you no good as far as your account goes.. like I keep reading, know what you own, the company told you on the call what you own, wmih common is a merger play with the NOLs as its biggest asset, now the asset diminished in price with this tax code passage but now its in everyones best interest for management to get a deal done ASAP
Here is my Christmas present to everyone on the board... Its called the 30 wk moving avg... there is a great book by stan weinstein that talks about the 30 week moving avg... I know I know, many say they dont believe in charts or spacs or penny stocks cant be charted but I been using it on wmih and if you would of used it and kept your emotions out of it you would of been a seller in the 3.00s.. you can see over the past yr how the 30wk moving avg has been trending down and the price rallies up to it and gets rejected... believe it or not it works... but most who own stocks tend to fall in love with the company and seek like minded posters that fit there bias and they continue to hold, the 30 wk moving avg takes the emotion out of the trade...
merry christmas zeke
so when cowboy said the NOLs were gone a few months ago how did that help ?? not sure why one would believe the nols were gone to begin with but I said over and over that thats not true and of course I was labeled a basher, short or whatever... been telling this board, many are simply over thinking what wmih is.. its a shell that wants to buy/merge with another entity and use the NOLs with are the only valuable thing wmih.. now the game has changed, all you have to do is put in some work and see how the NOLs are affected by the new tax law but instead everyone wants to point out how this was manipulated from 3.76 to .61 and not look as to why it went there, now we can argue is it a buy here if you dont have a higher cost basis but thats a whole nother post.. listen to the CC they told you exactly what wmih common is and what it is come Jan 1 2018 when yes the playing field has changed, alot.. wmih management dropped the ball by not getting a deal done by 2018 but Im guessing they dont care about you or me or other shareholders because the longer this drags out the more they get paid and get free shares.. many many people missed it on this board, everyone wanted a theory a reason as to why the beloved stock could be going down below a buck, some were just plain silly
Lol. You’re wrong. Hate to tell you and you been wrong. You stated NOLs we’re gone a few months ago. Wrong. Escrows according to the company mean nothing to common shareholders. You were wrong. For all the stuff you post which is beyond confusing mean nothing , zip to wmih common. The 21% tax means the NOLs are less valuable. Yes. That has changed, this means something. There are other things factor into NOLs with this new tax system. i suggest since you like to seek out complicating things you look this up, you will see why the common has gone lower.
Wonder if reverse split will be 10 to 1. I think management is smart and will want the price to be above 5 because institutions like stocks to be above 5. Wonder if mr cooperman and his son will have a say in this? Has anyone looked up the affect of NOLs in the new tax deal? If you think wmih lost its NOLs you don’t have to look that up. I’m guessing some are in wmih cuz of the escrows?
mumbo jumbo, how does this apply to wmih common... you have a right to post what you want but I think all the confusing stuff you post has little to no affect on wmih... ive said this before the CC and the management team said it again, wmih is a NOL play looking for a merger to use the NOLs, a question was asked on the CC about escrows and piers and management brushed them questions off and said it doesnt apply to wmih common.. I remember you saying the NOLs were gone a few months ago and that is not the case...
lol, yeah, its the poor shorts who are suffering "because theyre having a hard time covering" not sure if youre thinking the more I post silly stuff the more I believe it, again, look up the impact this new tax bill has on NOLs and you will get your answer as to why management failed to take advantage of its nols before 2018
Ill give you the last clue as to why wmih is trading at .72 NOLs wmih is a NOL play regardless of who is telling you otherwise on the board... go look at the new tax plan and how NOLs are gonna be affected and you will get your answer as to why wmih common is pricing in many things... management dropped the ball with not getting a deal done by 2018 and if no deal is struck by 2018 the NOLs are less valuable, its that simple.. forget about the escrows, piers etc sorry but it doesnt pertain to wmih
well lodas I have been around along time too... so as far as the 100 share lots, when it went from .50 to 3.75 on some 100 share lots was that manipulation? or is it only on the downside... I watch alot of stocks trade and see many 5, 10 100 share lots on sub 1.00 stocks, here is where being around for a while pays off, if I buy a stock and I dont care what stock it is and it goes down its a bad stock, 8 to 10% I sell, I dont look for reasons to hold
so youre saying the move from 3.50 to .64 was all manipulation... did the incompetent management team that couldnt get a deal done by 2018 have anything to do with the price falling?? I know you say you own 54k shares so you sort of have some sticking up for the failure of wmih but what youre saying is just as silly as the quiet period posts and the wmih losing its NOLs posts... crazy
Ive said it many many many times, wmih is a merger play with NOLs..Period, but many choose to read into everything, you were betting on management to get a deal done by 2018, they didnt, the stock priced the failure in, it priced in the extension.. thats the whole kit and ka boodle,... so thats over, what happened happened.. so now what youre betting on is the new terms for management to get a deal done by the next deadline, thats its? the company told you on the cc when the question was asked about escrows that they do not apply to common shareholders and NOLs were one the better assets is has... but yet this board resorts to all kinds of goofy theories, this is what hurts more investors, they seek like minded investors, as fwhzeek543 always says.... know what you own and its evident many on here do not know and Ill say the moderators on here are in the same boat
Looks like price gonna drift towards 5 yr lows here. I would go on a limb and say the common shareholders have lost complete confidence in management. I guess free shares don’t motivate. But as long as we got escrows and piers were all fine.
nice post, leon sounded very pleased on the conference call with his preferred investement, Ill bet your bold quote doesnt sit well with leon
so az cowboy, are the NOLs gone like you stated a few months ago, and are you still saying escrows and piers matter to the common shareholder of wmih because management is saying NOLs still here and escrow and piers are not involved in wmih common
again, always looking for a reason as to why the price is at .80... its at .80 because management didnt get a deal done in the time allotted, its that simple, we can split hairs and make excuses all we want and claim manipulation and etc etc etc listen to the call and you will see why and how your sitting at .80
bob, its not that this "could" turn into a big win for wmih common investors... its the silly things that the hardcore longs on this board are saying while the price has gone to .65... heres the thing I been saying for months and months, you are invested in common shares you are invested in the merger play with NOLs, end of story... you are at the mercy of wmih management, kkr, etc to strike a deal before the 2018 jan deadline, of course many many on this board are posting unbelievable theories and mumbo jumbo that simple has zero affect of wmih common.. this is a simple simple stock.. if a deal gets struck shareholders of wmih common should benefit.. IF YOU LISTENED to the CC you would of heard what I been telling the board about what I just said, the price of wmih common was pricing in this extension which is exactly what I been saying for months, now the rules have changed with strike prices etc but that doesnt mean it could or could not be a great buy here at .80 now we have to see if management gets something done, we could end up here in 2 yrs still waiting.. this is the wmih common board, not the escrow, piers, etc confusing board
lol, I see either many didnt listen to the conference call or are still in denial... IF you own wmih common you are in a play a merger.. period.. the other confusing stuff posted does not even pertain to wmih common.. so I understand most are upset like the callers on the conference call. it is what it is now, I been saying something isnt right and now we know why its a .80 stock.. carry on
I been saying it for 6 months. Only way common makes money is on a merger. Been saying reason the stock is falling is its pricing in this extension and new terms but i was called a short because most on here like to read what posters who fit the bias say. There was every theory under the sun as to why this was trading under a buck. You got the answers yesterday, so carry on with the escrows and piers and quiet period posts.
3 key things from conference call. 1. Escrows mean nothing for the common shareholders. 2. Wmih still have NOLS. This is a pure merger play with nol s. 3. Shareholders and preferred holders are not to happy on question and answer session.
I been trying to tell tell everyone about 1 and 2 for months but some posters keep bringing up NOL are gone andalot of piers and escrow stuff that doesn’t pertain to common shareholders. This is a merger play So know who in here who’s been telling you otherwise and know what you own.
I remember when 2.25 and 1.75 was the "floor" listen, we can all sit here and find excuses, theories, post piers info, escrow info, I been saying it for 6 months and continue to say it, WMIH is a play on the company finding a company to merge with because it has valuable NOLs which some on this board stated a few months ago that they were gone and I disputed this but most listened to the well known poster.. the game has changed now as far as who gets a bigger piece of the pie and dilution to wmih which will more than likely affect this in the deal negotiations.. so if your long wmih now you have appx 2 yrs for management to get something done, I urge all of you to read the sec filing and do not read into what most are posting about things not related to wmih common...
lol, again... go read the sec filing that is out.. it spells out everything you need to know... If there was a deal in the works this dilution and favorable deal for the preferreds would be hashed out... remember when everyone was high fiving when wmih hired the adviser months ago? everyone on here said its for the merger!!! remember what I said?? I said this was not good news and expect a extension of the Jan 2018 deadline with unfavorable terms for common holders with the preferred folks and kkr coming out on top.. and of course Im a basher and short for saying this, well this is what happened, most on here are finding reasons, theories and excuses for 6 months as to why this should not be trading down.. so now the wait just got longer
well I hate to be the one who said I told ya so, I been trying for 6 months to tell this board something stinks.. how do most ask, simple.. the price was telling you this, many came on here and labeled me a basher, as short and had all these manipulation theories and confusing mumbo jumbo with escrows and piers etc that really have no bearing on wmih common.. wmih common is banking on a deal with the NOLs commencing a merger with another company.. PERIOD.. many were reading way way into all the excuses and dates of escrows and I been saying these have little to no influence on wmih common... the reason the price of wmih has been going down monthly is because of the inability of management to get a deal done, most can argue since the market is at all time highs its not in favor of wmih best interest to over pay for a deal, I been saying for 3 months that the price of wmih common was pricing in a extenstion and major dilution was coming along with more favorable terms for the big fish in the aquarium.. go read the sec filing and you will see who gets the better of this extension.. now this is not to say if there is value at .85 (which is a important number now) how much this could go up if a deal is struck is up to you as a shareholder to guess...
yes he has been spot on, of course the stock is at a 4 yr low ... please enlighten us to what this means, how much lower do we go, and please let us know how helpful the reverse split we be for us shareholders
my first question on the CC would be, when is the reverse split and Do you still have the shareholders best interests, of course maybe the management team isnt even aware of the pps because last yr they stated they dont pay attention to it..
deal any day now, of course are we stil in a quiet period, lol... the hardcore bulls will spin this as a huge positive and of course the stock will trickle lower
I think we see $7 next year, I really do... its simple... price will be around .70 and when the company does a reverse split, which is in the best interest of the shareholders, which they will tell you.. it will be a 10 to 1 which will give you a $7 a share and as always fortune favors the bold
maybe this is part of the quiet period you spoke of a month ago.. remember that bold prediction of a deal announced any day...
My take was spot on yesterday. Pre market yesterday this board was high fiving and claiming victory since wmih was trading at 1.04 pre market above that all important 1.00 delisting line I said pre market it was a trap and now you see how the market works. And as always. Fortune favors the bold!! Got stock! Got losses