Wednesday, November 15, 2017 7:03:07 PM
Since...
1) Wamu 1031 Exchange is set to dissolve by Dec 31
2) WMIH series B expiring early January and no large volume dumps of big WMIH holders or BOD members as of today
3) Still havent seen an 8k from WMIH regarding NASDAQ delisting notice (monday was 30 consecutive day of WMIH trading under $1)
I think we maybe seeing an announcement of merger by WMIH within a few days. If you dont see an 8k by end of Monday of NASDAQ delisting notice, it is highly probable that the merger has been approved and we are currently sitting in a SEC mandated quiet period.
Unless Wamu 1031 Exchange is extended into next year, I dont think this saga will stretch past 2017.
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