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Re: Split T post# 663266

Wednesday, 07/14/2021 11:04:06 PM

Wednesday, July 14, 2021 11:04:06 PM

Post# of 749756
splitT....I had entered Wamuq when they were in receivership, and I believe the stock was about .06 cents per share... I bought gobs of it because I had a hunch Wamu had value, simply because they owned most of the Saving and loan companies like Ahmandson, Home savings, and a bunch of other big names....my broker called me and said that I was throwing money away because shareholders never get anything from bankruptcy.. it was only when Nate Toma exposed the hedges, that I bought more WAMUQ so I had a boatload of stock....it was still going nowhere until POR 7 included shareholders in the new company....I forget now how many WAMUQ i had, but I ended up with 195000 common escrows in both my regular and retirement accounts...I was buying Wmih when it came out of chapter 11 when I was posting my "got stock" missives each time the stock went down... then when it went down to .06 cents, I bought a lot and gave it to my relatives and friends....so yea, I have a lot of coop stock, but suffered massively when it was reversed split 1/12....I lost 48000 dollars in my account because of that reverse split, and basically never recovered...my account still shows a slight negative balance for all these years, and then the Nationstar merger took another hit....Lodas

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