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Re: austin01 post# 642347

Saturday, 12/19/2020 2:22:17 PM

Saturday, December 19, 2020 2:22:17 PM

Post# of 728446
Now that you bring up the Hedge Funds, David Tepper sold out pretty much all his 'WMIH' shares he got for his escrows when the price was forced own to $1.5ish BEFORE the 12-1 Reverse Split happened, so effectively that was @ $18ish Post split price but this was in 2015 time-frame...So, probably he knew WMIH was "Dead Money" for 5 more years and that's why he took his money and invested in something else. We started going up only since Feb/March this year after we hit the now 'infamous' $4.00 PPS (Post-split price). Obviously, he still has his TON of Escrow Markers, just like we do; as to whether we are going to get any "F&R" recoveries for those Markers remains to be seen.
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