Saturday, March 10, 2018 6:53:09 AM
It’s true we were at $3 in pure speculation but that road ended with Appaloosa 50% sell off. Then KKR came in and they played their cards well brought WMIH to their knees at 0.60 & negotiated 1.35 instead of old conversion.
So now we know we are in big mortgage leagues, we have great partners, a platform & we are in process of merging. Once that’s complete 2-3 months at most value creation will follow & we are going to be very happy.
I view this as a once in a lifetime opportunity. Too many interests aligned with ours at the right moment. This time there is nothing to be afraid of. Time is on our side & share price appreciation is just getting started... by May 14th we will have a very good idea where we are heading.
Amazon moving to mortgages will create many opportunities for top servicers. We will also launch our digital application once merger is complete.
All ducks have aligned... now if only we could have FDIC give us an indication on FDIC-R... ????
Have a great weekend everyone!
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