"This is acting like an artificial drop by insider trading because additional shares are going to be issued for something soon. "
Exactly... First it was the Hedgies who indulged in rampant Insider Trading before and during POR modifications... And Now, it is the BOD and their lackeys involved in Insider Trading...
Hey Don nice to see you still around. I agree with you too much greed and sharks out there. I learned my lesson too I'm not gonna risk being the last one holding the bag. These people cannot be trusted and the reason I don't believe in long term investments anymore. If I'm lucky to get something out of this I'm going for quick profits(day trading). A big chunk of my money has been tied in here for far too long..
WMIH was not to be trading........the crooks opened the doors way before its time....was to OPEN in the $20 range !!!! Hmmmmmm THE $20 RANGE !!!! $1.15 to .80 CENTS ???? Hmmmmm.....BUYING EVERY share I can AFFORD !!!! TIC TOC !!!!
WHATEVER reason for PPS-decline....WHERE's the DAMN Press Release informing/calming investors like ANY other responsible BOD would issue in such circumstance??? For example, Volkswagen issued all types of PR during their historic stock drop: