SureTrader
Home > Boards > US Listed > Insurance > WMIH Corp. (WMIH)

"shaking the tree" is a well known term

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
lodas Member Profile
 
Followed By 10
Posts 295
Boards Moderated 0
Alias Born 01/23/17
160x600 placeholder
WMIH Corp. Announces Dissolution of WMI Investment Corp. "PR Newswire (US)" - 1/18/2018 11:20:00 AM
WMIH Corp. Announces Effectiveness of Amendment of Series B Preferred Stock Terms "PR Newswire (US)" - 1/5/2018 8:00:00 AM
WMIH Corp. Announces Amendment of Series B Preferred Stock Terms "PR Newswire (US)" - 12/11/2017 8:44:00 AM
WMIH Corp. Announces Receipt of Nasdaq Minimum Bid Price Notification "PR Newswire (US)" - 11/16/2017 4:30:00 PM
WMIH Corp. Announces Redemption Of Senior Second Lien Runoff Note "PR Newswire (US)" - 10/3/2017 8:00:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 9/8/2017 4:17:15 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/21/2017 4:17:05 PM
WMIH Corp. Announces Retention Of Financial Adviser "PR Newswire (US)" - 8/21/2017 4:05:00 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/10/2017 4:18:38 PM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 8/9/2017 4:20:30 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 7/7/2017 4:17:28 PM
Small Company Offering and Sale of Securities Without Registration (d) "Edgar (US Regulatory)" - 6/13/2017 6:02:28 AM
Initial Statement of Beneficial Ownership (3) "Edgar (US Regulatory)" - 6/12/2017 4:04:35 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 6/9/2017 4:17:25 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 6/6/2017 4:21:46 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 6/5/2017 6:28:10 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 6/5/2017 6:27:16 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 6/5/2017 6:26:20 PM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 6/5/2017 6:12:57 PM
WMIH Corp. to Webcast 2017 Annual Meeting of Stockholders "PR Newswire (US)" - 5/26/2017 4:05:00 PM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 5/9/2017 4:21:23 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 5/8/2017 4:17:29 PM
Additional Proxy Soliciting Materials (definitive) (defa14a) "Edgar (US Regulatory)" - 4/19/2017 4:22:37 PM
Proxy Statement (definitive) (def 14a) "Edgar (US Regulatory)" - 4/19/2017 4:19:33 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 4/6/2017 4:17:05 PM
lodas   Wednesday, 01/03/18 04:03:34 PM
Re: None
Post # of 505536 
"shaking the tree" is a well known term on wall street, whereby floor traders drop the price to pick up shares from a bountiful supply of stock at the upper price levels... this is a very easy task, simply because investors become skittish or spooky at higher prices and will react to very little incremental price changes in the stock...however, a new phrase to describe floor traders has emerged since the WAMU bk, and that is... "scrubbers"...a scrubber is a floor trader, or MM, who will "walk" through every incremental change in pps at the .001 level... he does this back and forth each day wringing out stock at the lows... this is a much harder procedure and requires the seller to a different level of emotional state...the seller, after having endured a significant loss in his portfolio, becomes hardened, and unwilling to sell at the lows... so whats the MM to do... feed him boredom, ennui, doubt, impatience, and "in the dark" with company events, so that there is no light at the end of the tunnel... such is the case with trading of wmih..one can only surmise that the 100 share trades ad naseum is designed for just that...it portends a very small float outstanding, whereby MM will only risk selling 100 shares in order to "scrub" big volumes from disenchanted longs...so, the high hanging fruit has been shaken, the "low hanging fruit" has been picked, which alas, leaves the rest to the "scrubbers"....hold your stock Lodas

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist