InvestorsHub Logo
Followers 202
Posts 13864
Boards Moderated 3
Alias Born 10/26/2008

Re: nranger post# 398452

Monday, 04/21/2014 4:39:31 PM

Monday, April 21, 2014 4:39:31 PM

Post# of 734823
nranger, yes, IMHO the Piers will get $3.00 or $4.00 a share and then they may receive bits and pieces over a considerable time period. Keep in mind, WMIH is NOT responsible for any shortfalls as this was a hot issue when they were planning the final POR.

Once we hear how much the Piers will be paid (any day), then I believe that will answer many more questions in terms of closing tranche four out so we can move. Remember once a tranche is close down, there is no going back regardless of what lie ahead.

There is a reason they moved the California tax issue out until May 19, 2014 as it may be that the Piers will not get any of this but on the other hand there could be a special payment made for this 45 million or so also. I am very suspect of this because of many reasons that I have learned from various readings of filings but will not elaborate anymore.

I am really only interested in the Piers to get them paid and closed whatever that ends up being, so we can move on. I want this to move on to where I think the gold really is. It could also lie in the area right before the final closeout of the P&A, whenever that may be, but hopefully no later than September 2014.

Good luck to you!!!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News