Sorry, I want to remain optimistic but I cant ignore that possibility. Believe me, I am riding this out to the end but if that doomsday scenario happens, I will also be losing a significant portion of net worth.
I just cant see any other possibility of merger opportunity for WMIH this late in the game other than the returning escrow assets. With the stock market riding so high, what company would want to be "bought" by WMIH utilizing debt with nothing but NOLs to offer - especially when Trump tax cuts are around the corner.
The only way forward for WMIH is the returning escrow asset, IMHO.
Although I am 99% confident of billions in safe harbor, I am getting a little nervous this late in the game and would have like to see some sort of irrefutable proof by now. Class 17 payment is that proof. I dont mind waiting until Nov/Dec to get our escrow money but I would really like to see the proof now. I want to see class 17 payment announcement by first week of October or I'm going to start drinking.
Its Hero or a Zero time. Good luck to us all!
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