gg4....to answer your question, there are two reasons people do not talk about money... (1) they don't have any... (2) they have it, and don't want you to know about it.....KKR is noted for buying companies, for whatever reason, putting lipstick on them, and then reselling them for huge profits... case in point.. Nabisco some years back was the biggest buyout at that era for 25 billion dollars... KKR saw the stodgy old BOD sitting on mountains of cash doing nothing with it...KKR split the divisions, and sold them off and made a fortune doing it...THIS IS WHAT THEY DO!!!...SO YES, they could know or suspect Wmih is flush with assets, and could get them for a measly 600 million dollars preferred offering converted into common at the merger...of course, the "nuts and bolts" by which they get the 51 percent ownership is way beyond my expertise...I tend to "think with my mind, and act on my guts"...right now, my gut tells me someone wants this stock BADLY... why?...if TDA is not lying about the short position numbers, why are the traders taking it below the merger parity at 1.41?...if these funds covered their shorts from 3.50 or so, why don't they just walk away with the difference...these traders who took it to .61 cents three times made good money, and have supposedly covered.. why don't they walk away? thery won't put on a short at 1.34 going into the final stretch with all those whales holding stock long (Tepper, Larry Fink, Vanguard, scoggins, COHEN,...so why are they still hammering the price down from 1.41?... my gut tells me..THEY WANT TO ACCUMULATE STOCK AFTER SETTLING THEIR SHORT POSITIONS FOR ANOTHER KILLING IN THE MARKET. The weekly chart shows a cup and handle formation with the handle in a typical falloff before the upward movement into the merger final... check it out on stock chart..... Lodas
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