S4V is for desperate people who have no money to buy the WMIH stock. While they are waiting for an SUV until the next century, WMIH/COOP will climb up to 10 then 50 and will be completely out of their reach.
And then they are angry at people like you and me like our posts can make their SUV not become reality.
I sympathize with people who have no financial mean but when they can post daily on a stock board then they are not so much in despair. If they can just carve out 1K, 5K, 10K, whatever they can afford and buy the stock, they will be in much better shape. This is the second opportunity for HLCE and if they miss it because they daydream of illegal and impossible scenario then it is all of their fault and they cannot blame anyone.
Just a back of envelope calculation shows the following:
If you have 10K to invest:
- In 2012, if you bought the old WAMUQ at 10 cents, you would have 100,000 WAMUQ shares. If 10B will come back then you will have 2.09 * 100,000 = 209,000.
- In 2012, if you bought the old WAMPQ at 20 dollars per share, you would have 500 WAMPQ. At $1000 per P share, you will have 500,000.
- In 2018, if you buy WMIH at 1.65 per share, you will have 6060 WMIH shares. When WMI goes to 10, you will have 60,600. When WMIH will go to 50, you will have 303,000.
It's not as good and easy anymore as in 2012 to get to HLCE but it is decent. Now if you keep daydreaming about your SUV, you are not going to get it.
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