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rp2012881

08/31/18 2:43 PM

#535941 RE: ron_66271 #535935

Ron, I hope you're right. My WAG is based on the price action ity of the P's prior to reorganization bad discharge from BK court. The P's got to 12% of face so I think they will moderately r exceed that value.
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dmceng

08/31/18 5:02 PM

#535964 RE: ron_66271 #535935

Ron

How much is the final payment?
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boarddork

08/31/18 10:36 PM

#535978 RE: ron_66271 #535935

My legacy P tracking markers when clicked, always opened up the bonds trading page for that cusip. This pop up bonds trading window has been available to open for years, but untradable as of yet.

Tonight its "temporarily unavailable".

Probably nothing, but in light of everything lately......maybe it'll finally be a sign that something is starting up here.
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Nightdaytrader

09/01/18 2:05 PM

#536032 RE: ron_66271 #535935

Ron_66271,in your post, you said, "Because the Trusts are still performing, IMO WMIH needs to issue new Preferred shares to TPS and P escrow holders to realign preferred holders with their ABS Trusts."

Why does WMIH need to "realign preferred holders with their ABS Trusts?" Why can't they just pay them off with cash? Don't get me wrong, I had some WAMPQ, and would love to have new preferreds... I'm just trying to understand your terminology (i.e., realign preferred holders with their ABS Trusts) and why you think WMIH needs to issue new preferred to TPS and P escrow holders.

Would you please elaborate.

thanks,
ND9