Here's the caveat on that....
the biggest money making asset was the bank; which WMI no longer has at this point and we all know that.
The MM's will play the hype down since majority of them have or had shorted down all the WMI stocks. So, it is going to be a run, pump and shoot kind of swing play, as I see it.
Commons as I see it will run hard, but will not hit the home run everyone is anticipating, only because there are no banks left and the court has not yet decided who won. Once the suit is answered and it does go to court and there is a jury trial and the verdict is in favor of WMI, then and only then will we see full valuation of ALL the WMI stocks.
This hype is getting a bit wayward imo, and although I would like to see it hit the moon... the moon is actually pretty far away... get it?
Commons could see a nice bump... .35 - .65, provided that there is a lot of volume.
I see HQ's going between 10 - 15 and possibly a bit higher. KQ's over $1.00 and quite possibly $2-3 and it would be back on par and on the course again.
PQ's is the mystery because it has a low float yet lags behind HQ's... but if enough buying comes in, it could rock it up..or rocket up... use which ever you prefer.
But think about it this way... if you were a millionaire... multi type... would you buy 50K - 100K of PQ's... looking at a double or more on the get go?... $500K at the open and it jumps to $30 pps... $2.5 mil in half a day's work... LOL
Not to say that it will happen, but with the PQ and the low float... it could very well do that. The rest will have to work harder to get there.
AI
