Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Please tell me how fortune favors the bold!! And if we got stock? Please tell us how these funds are smart and don't care about price. Stock is at 5 yr lows and I see defend the stock at all cost. Call me a short. I'm a realist. The price action stinks
well when you say know what you own, I can say I know what I own, I own one of the biggest losers in my portfolio.. Ive watched wmih go down 65% in 12 months with every excuse imaginal able reading this board.. my point.. price of wmih is telling us something, we may not be privy to the info that is happening but it will soon be released, a slam dunk like every is saying just doesnt go down to .80 which is a almost 5 yr low, something is just not right here
so now youre saying wmih means nothing? wmih is a derivative of the proceedings of wamu bankruptcy?? so now that wmih is .82 now what
well I disagree.. have you ever for one time asked yourself how much these so called smart funds are in the hole??? 50% 60% some 70% I know I know these funds do not look at there loses, kind of like most on here, do not look at the loses because this is a slam dunk stock where magically one day were going to wake up to it gapped up at 5.00 and we will be high fiving..
lol... shorts been right.. everyone thinks because a stock has some shorts it going to get a huge short squeeze... hate to break the news to many on here who have massive blinders on, but a stock doesnt just magically trade to 4 yr lows on something not right? I know everyone has this fairy land tale of some manipulation and hedge funds doing hedging buy not 4 yr lows.. market is pricing in something and soon we will find out what that news is.. Ive already said my guess
Let's address the elephant in the room. The Jan 2018 deadline. Not many are talking about it on here. Why? Because it's not a good thing. Obviously it's a issue because it's looking like an adviser was hired address the issue and look into an extension or some sort of agreement with those affected. So one who owns wmih has to ask, how is this going to affect my wmih common? Well I think the price of wmih common of .86 is giving you the answer. But let's keeping talking escrows and how confusing that is and is your name spelling correctly on your brokerage statement and yet wmih is tellin us the news coming isn't favorable for us common holders.
Ill bet these "tutes" who own 85million shares are just thrilled with the stock price at .86... im wondering how many of the 85million shares are down 50% or more in their investment.. but I know, I know the funds know more that us retail and theyre not worried about the paper loss because the merger will make this investment big money.. but lately since the price of wmih common is in the tank we do not hear about why many bought wmih in the first place, many bought wmih not because of escrows and piers many bought wmih for the merger play with the huge NOLs.. so im not sure why many are swaying off that subject...
4 1/2 yr lows today.. looks like a deal is near.. Im guessing most will say its the hedgies driving the price down to pick up cheap shares.. Again, my take, its pricing in the news that is going to hit about the deadline of jan 2018 on what is going to take place because obviously wmih doesnt look like its got a merger in the works..
anyone have a q2 fund update? they still buying? do institution hedge their bets like hedge funds hedge their bets?? I know hedge funds hedge bets, duh but what about institutions??
Jb. It's only at 4 yr lows while the markets at all time highs!! But it's just manipulation. I think there's gonna be a lot of disappointed posters when the bad news comes out. The price of .86 is pricing in something and it isn't hf hedging bets
Lol. This has got to be the post of the year. Can't believe some of the stuff I read on here to defend a stock at 4 yr lows.
and yet this board treats this release like this is a positive news release.. I take the opposite side, I think management knows there is no deal by 2018 hence the reason why the adviser was hired... if oct 31 is the last day to say anything I think the company will release the advisers recommendation as to what happens come jan 2018 deadlines on the preferred
lol the market knows, hence the .87 price target, why else would an adviser be hired? to commence a deal? if so why wasnt the adviser hired on the deal that fell through? Im saying when the news is announced that a deal is not happening, we see a extension on the 2018 price, which will mean dilution or lower exercise price which will cause the stock to trade near all time lows.. . if many on here are smart than explain why a stock that is a sure slam dunk is down to .87... I dont buy the HF manipulation of the stock to buy cheap shares. I dont buy it.. market pricing in the news that is on the way
I forgot to mail my menards rebate and on the last one I forgot to cross my T.. thats what and how confusing most are on this board in regards to escrows and piers and all the confusing stuff that goes into the sausage.. so My thinking 5 yrs ago was wmih was to be owned for the NOLs, where a company wants to merge and than take advantage of the NOLs and its a win win for both sides.. judging by the last 5 yrs and no deal and a possible deal that fell thru which I may add was the time this stock really started its heavy sell day and has been just down ever since.. Now ive read a whole bunch of jibber jabber on how escrows and piers are going to move wmih, I do not believe that, The way wmih gets moved is on a deal.. many are jumping to the defense of wmih free fall but Im looking at many people, some retail, some funds etc are worn out of waiting for a deal, management seems to just shrug its shoulders, there is no transparency with management, they even commented on a question about the share price, management said they do not even know or follow the price and there goal is a merger... so I think with the market making 50 all time highs this yr monies are getting pulled out of the losers like wmih which has no transparency other than 1 conf. call a yr and putting monies to stocks that are actually going up.. NOw many are arguing, what about the Funds!! funds dont lie, funds are buying.. well we will see on q3 who closed out funds because the price is at 4 yr lows..
HUGE fund buying over the course of the last yr... thats why the stock went from 2.25 to .86.. remember funds are always smarter than us.. speaking of funds Ive noticed a few shut down over the past few weeks, a major one was farholme with bruce berkowitz... remember funds are smarter than us guys
Happy 3 yr low... now .86 but dont fret as of quarter 2 143 funds own wmih so we should not be worried and the funds who own are smart so these constant lows mean nothing, but the close does!! Ill stick to what I been saying now on this board for 2 months.. the price is telling, the price is pricing in a event that is obviously not bullish, now we can argue about the funds but the price is truth so we will have to sit and wait for the news event to be published and than we will eventually see what has caused this swoon.. Im a believer is price action, Im a believer that the news follows price.. so dip buys have at it... same some powder so when news comes out you can buy the big dip!!
anyone have any updates on the q2 funds buying that ended 6/31/2017? they still buying? are there still 143 funds as of q2 also? thanks.. Im not looking at my account since the price of wmih doesnt matter.. wonder when a deal is done do they release this news on Monday or friday after the close, its getting close to the deadline of jan 2018 so it should be any day now and with im sure the MMs and funds are scaring the holders into selling and thats why the stock is at a 52 wk low and now the funds who are smart are buying these shares up. sound about right??
You never mention that was as of 6 months ago. Lol. Why try to come over as a wealth of knowledge. Most know that. But ya know what. Doesn't matter if 10k funds bought because price is at 52 wk low. My account is driven by price not number of funds
Got stock! Fortune favors the bold
Closed right 52 wk low. Congrats longs!!
who is selling at .87?? who is selling at 52wk lows? the last time the stock was at this level was 2013 and now even the prospect of this company is at its best(at least that is what most are claiming) and the funds for petes sakes, what about all this fund buying? are the funds even worried about the price at .87 and most if not all are down huge... I know I know, price and loss means nothing if you dont sell and these funds have more knowledge than all of us smart guys put together on this board so they will not let anything happen to there hard earned money so I guess we can take solace in the fact that the hedgies have got our back so lets not get caught up in this price, what does lodas say? price means nothing but value does, I hope he is adding today, I know hes got stock! do we? If funds are buying and none selling it has to be manipulation, kkr, MM, hedgies(they buy and sell im told) shorts, the evil shorts so My suggestion is let us all set a sell order at 20.00 so the shares cant borrow and these shorts will have to pay up for our shares.. and as always, fortune favors the bold Im gonna add here. gl fellas
no worries guys, even though wmih still making 52 wk lows we got several on here buying these gifts and adding to the huge holdings.. of course many been buying since 2.50 all the way down.. someone please post all the funds that bought in quarter 2.. we need a picker up post
and most have the gall to scream at the shorts for posting information that doesnt fit there bias.. If one didnt know the price of wmih common after reading this message board one would think this was at 52wk highs not 52wk lows... fact is stock is at 52wk lows
yes I do have stock lodas and as a shareholder im embarrassed to say so because I think management continues to drop the ball.. Im not a homer like most on here, I call it like I see it and as for you buying every dip, well I doubt it and if we could all post our true actual share holding and how much one is up or down it would probably laughable.. so yes I got stock
fortune favors the bold....... welcome to a new 52wk low and most on here just shrug it off and find excuses to hold and buy more.. lol
Ok Ill bite.. please entertain me on WHO wants our wmih shares... and before you answer remember the stock has gone from 2.25 to .90 in one yr and I seen the same post on who they want our wmih shares for a yr..
is it the same one(s) who wanted the shares from 2.75 all the way to .90?? Ive read about every manipulation story, theory imaginable and you know what? its a excuse, an excuse to trick yourself... price is truth... period
we all know a delisting notice takes time so the next move a reverse split.. what a wonderful way to hide the price of a low stock price, I remember someone asked management a question about stock price and I think they said they dont even look at it?? so now what do we do? we need to keep tricking ourselves with reminding us that the 143 funds are IN IT and keep buying and the funds are smart and we got dry powder to keep buying these dips and add to our big personal share stake because every dip since 2.25 was/is a buying opportunity.. cant remember who said it but fortune favors the bold!!
but but the funds.. 143 funds can not be wrong!! there smart too boot... so who is selling> is it algo bots, is it MM manipulation, is it hedge funds doing what they do best, buy and sell and short tryin to scare us retail into selling cheap? is it hitting 52 wk lows because were near a deal??
any updates on fund buying... looks like alot of fund buying to me.. Im a newbie on fund data but since posters been saying funds are buying and the stock continued from 2.25 to .90 im guessing these funds are still buying
so heres the truth fellas on this post... its dated 6/31 which is quarter 2... heres the breakdown..
40funds increased 5.5m shares
42funds decreased 4.1m shares
total funds 143 85mil shares held
new positions 15 funds 2.5m
SOLD OUT ALL POSITIONS 9 funds 1.5 mil
41% of float is held by institutions
so im gonna make this simple.. zeke, you are using news that is 6 months old.. some of these funds transactions HAPPENED IN APRIL MAY JUNE.. its old news! its 41% of float, who owns the other 59%? again this has nothing to do with the fact that the stock was 1.30 in the end of june and now its down to .90 so them smart funds are down 40% and some could of added here some could of sold out some could just be holding.. WE DONT KNOW.. So to keep saying 15 funds opened new positions, its misleading because its old new, it appears like its new as in a filing today.. heres the fact that most are missing, all these posts including mine mean nothing... in my account funds buying doesnt make me money, its the price which is .90
boy oh boy.. someone better get this clarified because if the cowboy is right than wmih most valuable asset is gone and that spells disaster.. I know many love the cowboy on here and look forward to his posts to soothe them and assure them while the stock has tanked that everything is going to be A ok.. but this is a biggy that better get clarified asap..
I agree bob.. bingo.. not many on here are pointing this out but Hence this is why I think the adviser was hired... I think many are thinking this conversion is coming, massive dilution Im bailing.. now we might see some sort of deal with the convert guys to lower there conversion price, say to 1.40/50 and push the extension to another 3 or 5 yrs.. I think a deal between now and end of the year are slim to none...why the bulls will ask, because price doesnt go down to new 52wk lows on good news coming, we all know how it works, the big money is tipped off way in advance and they bid it up.. I been pointing this theory with the stock bleeding for months and was labeled a short basher, the longs were throwing out theories everyday, theories that do not make sense.. Ive asked about the 2018 deadline numerous times and not 1 poster addressed it.. why? because its not a bullish event, it was always, funds buying, sell vol. lower than buy vol.. I got a tip for you on that.. when a stock is down 7% on 3 times normal vol its selling vol.. its simple supply demand, selling is over taking buying, no special indicators are need, but many search for reasons as to why their beloved stock is falling and need confirmation bias
good morning fellas!! well that was fun yesterday... I see the same old cheerleaders were out in full force defending the heavy vol. downside day.. I even seen a well the buy volume is outweighing the sell vol. while the stock was down 7%! Here are some facts because everyone has an opinion on what is going on, piers, escrows, converts, kkr, management not paying attention to stock or shareholders, funds buying, no funds selling, manipulation, controlled manipulation, bear raid...many are pointing to the funds buying and not selling.. we do not know what funds are doing until the 13f is released and I think the last one was 6/30 with 45 days after to release the 13f so the fund info is as of 6/30... we will not know until 40 days what the funds did... Heres a fact.. the stock in 1 yr has gone from 2.25 to .88 and the same excuses that were mentioned above are still being mentioned.. I remember reading posts a yr ago bout how much value and a gift it was at 2.00 and Im adding to my 50k common shares all the way to .88... the fact is the stock has been sold for a yr.. now we can speculate all we want on what is happening, I think the 2018 jan deadline is the culprit.. from what I believe, come jan 05 2018 do these converts convert at 1.75 and up to 2.15? if so we may see some sort of extension which will obviously make the convert prices lower which would put some pressure on the stock.. I think some funds are tired of management, I think 5 yrs with no deal means many have gotten cold feet...
lol, if they are short... they so far are right.. I can only imagine how much some are down on the wmih investment.. whats worse, the shorts who been right or the longs saying since 2.00.. funds are buying, no funds selling, 144 funds who are smart, more buys than sells on a daily basis, do you realize how silly that was from 2.00 down to .90 everyday saying this? and you exclaim the shorts are out in full force? what about the bulls cheer leading everyday.. oh and I forgot the manipulation theories..
this was according to you "a value" above 2.00 so its hard to sit here and watch the same posts about how "cheap" this is and all the funds buying, more buying than selling on I hub when stock was above 2.00... so if the adviser was hired to extend the 2018 deadline for a deal to be struck and the wmih price hits .60 its going to be a "value" and "cheap"
finally someone on here gets it... Ive read the same posts for months and months about how funds, 144 of them have bought, continue to add and their smart because they operate a fund, Ive read how I hub buy and sell indicator has been indicating more buys than sells and YET the price of wmih common has gone from 2.75 to .90 Listen I understand most own alot of wmih and are probably defending their investment by pointing out bullish things, now some maybe a stretch the the price is truth here, so far its .99
who cares if hes short? or whos short... if they are they should be applauded, why because they been right... you can post all the funds buying, the buys outweigh the sells, etc fact is price.. price is what pays in the account, not funds that have bought, so up to now its in a downtrend, shorts who have shorted have won so I unlike most on here tip my hat to em, now if we actually get a power move IN price with vol. than Ill perk up and take notice and add to my shares.. until than its downtrending. make no secret this board is 90% bias to the long side so its very easy when someone is underwater to come to this board and re inforce the bias to continue to re inforce their behavior on being right on wmih, its called confirmation bias.. we all do it after we buy a stock, we check i hub, we check yahoo we check twitter we check stock twits to make sure others like the investment
please tell us lodas... how much do you like when the price drops.. same posts from 3 down to 1.. every dip was a gift.. frankly most if not all know nothing about wmih, including me.. that is why I stay away from opinions and theories which are rampant on this board.. the 30wk moving avg. was telling us from 2015/16 to stay out of this wmih common.. so now were all sitting here wondering what will happen come jan 2018 IF no deal is announced
one would think by reading these messages on here that the price of wmih was 5.00.. I have never seen a stock in a downtrend from 3.00 to .90 and the posters say the same thing, funds are buying, 144 funds are smart, controlled manipulation, end of month selling, wmih cant be charted... etc.. so im wondering what happens if the all time low is tested
Did a deal get done??? Seeing a lot of high fives and extreme happiness on here