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Re: bagsource post# 405806

Wednesday, 10/01/2014 8:35:25 AM

Wednesday, October 01, 2014 8:35:25 AM

Post# of 726932
bag, yes, I have no doubts WMIH will be a huge success being a multi billion dollar organization within a few years of their first merger announcement. So, whether it is the P&AA closure that is the trigger or three years after the "effective date" ending March 19, 2015, there will be an 8K announcement at some point revaluing WMIH IMHO. Big money players we are dealing with will not let a platform like WMIH go into the abyss without making a fortune. Big money does NOT miss these opportunities.

With that said and with what we currently know, what is the fuss all about? There are 200 million outstanding shares with virtually no business other than a run-ff mode and around 60 to 70 millions in cash, so that means this is way overvalued by about $2.00 a share. I do not get the fuss. If you do NOT believe in the future, then one should sell before it s revalued to a lower amount based on ones negative thinking, but that is just my opinion. I feel VERY comfortable waiting for the people in the know to make the right decision.

We have a little Golden Goose called WMIH and IMHO, it will not be little for very long once they announce the next piece of their business plan.
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