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Re: None

Wednesday, 03/04/2015 10:10:23 PM

Wednesday, March 04, 2015 10:10:23 PM

Post# of 730199
When expecting billions/believing billions are deserved ( maybe they are...) "just a few hundreds" (of millions) recently kicked in this through Series B preferred offering may look like small... It's not IMHO

For example, The fact that our HF's ( larger than 5% ones: Appaloosa & Greywolf ) have kicked in another $137,779,000 through recent SBP offering is quite huge { Especially when their holdings in WMIH on ( for example ) April 09 2013 where these : Appaloosa partners = 17,029,994 Common Shares ; Greywolf Capital Management = 14,938,315 Common Shares }

If you additionally consider that while HF's couldn't add ( due to 5%+ holdings restrictions ) some retail averaged down/added/entered here at 0,50$.... then the fact that HF's are currently kicking in here a "few hundreds" ( with the fixed conversion range we have here ) is not that irrelevant, IMHO,... { Not everyday you get a 4X to 5X advantage over some of the best players of the industry investments ( investment that is suppossed to bring huge gains ) }

The fact that we want/believe we deserve more doesn't mean that we are getting nothing, IMHO

I don't know if an organic, steady and modest grow or a "tidal wave" is coming but i believe we can start to look at the horizon with new and more refreshed expectancies

GL

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