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Re: lodas post# 491405

Wednesday, 10/11/2017 9:58:51 PM

Wednesday, October 11, 2017 9:58:51 PM

Post# of 729785
'there will be no news from the company regarding corporate developments until the shorts have covered their massive 6.6 million shares..'
Since when is a company in existence to earn money for themselves and their shareholders under the control of the people who decided to short their stock.
Since when is a company in existence to earn money for themselves and their shareholders catering to the wants and desires of the MM's?

What I see happening is the company has never completed a single acquisition or merger, gives no indication they plan to do so. They are thus vulnerable to the market trading forces good or bad, in this case bad.
The chart is abysmal. And mass dilution of billions of shares is on the horizon. All the cheap penny stocks seem to have floats in the billions. Now WMIH will too.
All I can do now is pray for an escrow return. Please stop blaming the people who are shorting the stock. If a M&A is completed the MM's won't be able to keep the price down either.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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