JWW IMHO we are range bound here and will be until we get something to sink our teeth into, MEAT!. WMIH at this point in time is an event driven issue.........IMHO Even if it did take a jump up, I think it would come right back down to the 1.39-1.40 range until merger is done. imho
Once the shares are exchanged, then it's a totally different thing and spikes may MAY hold
Been grabbing as many WMIH shares as I can there the last couple weeks in anticipation of breaking out of that range. If it continues another month or three I'll keep tucking some away. Hopefully make a bit of extra money on the WMIH until the escrow sharemarkers get something :)