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Monday, September 10, 2018 3:47:12 PM
Ok, the original Big Money Players from those infamous Hedge Funds are not about to let the price go up UNTIL WMIH makes a deal for the BENEFICIAL assets that will be negotiated via WMILT and/or Kostorus who has 100% authority to sign any deal on behalf of those investors who have markers in their accounts.
At some point, WMILT will be informed they are owners of beneficial assets and WMIH will use their currency which are their common and preferred shares to buy the beneficial assets as most any company would do when buying companies and/or assets.
So, the lower WMIH price is when this happens, the more shares the Big Money players will receive. In other words, they will build the value into WMIH shares AFTER a share for beneficial assets is announced. They are not about to let the market have this value before them.
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