It's been a long time since I posted but here goes. Being a long time holder of shares I have followed the proceedings from the 1000ft level. After the latest involvement of kkr and citi and the game plan starting to come to the forefront I have added substantially to my share total.
Naysayers have a lot of past history to use as ammunition but come on dudes, it's a new day. Do you really think that WMIH with it's current bod and involvement with kkr and citi are still out to screw the retail shareholder, I don't.
It was a waiting game and with the company listed on the pinks, the market makers have the ability to play games with share price, we all know that. Still, hasn't sp gone up 4 fold since the shell was established.
We always all "thought" the nol's were the lynch pin to opportunity but did anyone know exactly how to max benefit from them. No, because there were so many unknowns, reg requirements, legalities, time frames, etc.. Now we know that 3 years was key to max benefit and flexibility of the nol's. It is now 3 years, right, so what happens, the wmih bod starts to take action, ie, get in bed with players that know how the lbo game is played and let them go to work making money for their companies and and us as shareholders. Yes, they will look out for themselves but the structure of the deal ties them to retail shareholders, period, they win, we win, they loose we loose.
Let's look at the crystal ball. Will the objective be to just runoff the nol's with a profitable company merged to us, if so, fine by me because if they have that kind of profit the share price automatically has to go up strictly based on profit margin and p/e ratio.
If the game plan is to build a solid long term entity all the better because then as the company grows the sky is the limit on share price if and it's a big if, they can grow a profitable enterprise, either way we win.
You naysayers can say all you want that this is still a scam situation, that's fine with me but I think you are wrong. So much so I have placed shares in my kids accounts, my ira and have told some close friends that if they want a ground floor opportunity give wmih as shot with your mad money, and I rarely do that.
When wmih announces their move to the naz I will be doubling my stake. This is a long hold for me, years, but the potential is large. How many companies start out with how many billions in earnings protected from any tax liability, simple answer, none to this degree.
Have a wonderful day and I do have to say, I find it very entertaining regarding those who spend hours on this board posting for peanuts to try to manipulate a pinkie stock like this. You should do one of two things, learn how to play the real pump and dump otcbb's or learn how to trade options on commodities, much more lucrative and much less time consuming, lol.
AI
