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Tuesday, March 21, 2017 5:05:08 PM
I believe most of them have large escrow interests also. So if WMIH is getting nothing, and escrow everything, why would the insiders have not sold anything in the last few months when the stock tanked?
Also, if I recall I think Tepper just re-balanced his holding amongst his various funds. I think he might have just sold the shares from Appaloosa LP to his other funds. I also believe he now has a few million shares under his personal holdings. I can't remember where I saw the filing.
I don't think we need to start panicking until we see one of the directors starts selling their "free shares". The shares may be "free" but even a crook would want top dollars for it. Why wait if this thing is tanking below a buck?
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