News Focus
News Focus
icon url

lodas

11/10/18 12:38 AM

#546315 RE: SamuraiProgrammer #546314

Samurai....concise and well said...however, I have noticed for years now that 100 share trade going on all day long whenever the price seems to get an upward boost... this (algorithm)?.. seems to knock it down..I see it now trading with coop, as before with Wmih...I also had difficulty understanding the need for the nickel uptick rule that was placed on a dollar stock...my understanding then was not to let the stock get a head of steam before KKR got their preferred share conversion...It just seems that someone does not want this stock to get a head of steam going....on that premise, I can only conclude, this stock has something somebody wants to have for themselves and no one else...lets face it, the stock market went from 6000 in 2008 to 27000 a few months ago...MM were selling every asset from bitcoin to cybercoins, and MJ stocks went through the roof with no earnings, prohibited from borrowing money, etc. and the MM sold them to the public and made huge profits...they could have sold Wmih shares in a heartbeat had analysts made a buy recommendation, yet no press for 10 years...I could go on and on, but, to my estimation, demoralization is the key here... they just want us to walk away and sell our holdings back to them.. whomever "them " are...Just my take on the subject... Lodas
icon url

lodas

11/10/18 12:58 AM

#546316 RE: SamuraiProgrammer #546314

Samurai... also, as a post script to my post, you have worked in the brokerage business, and you know that there are legions of short selling funds that make it their principal line of business...A startup company, especially one who is exiting bk as Wmih , is, and was a prime target for these funds, simply because there is no stable revenue stream...even with an infusion of money from KKR, the road to profit to subsidize the share price would take a considerable time frame...I can only form the mental picture of the hyenas staring at the newborn baby gazelle as it tries to walk, a few minutes after being born...Lodas
icon url

jhdf51

11/10/18 1:21 AM

#546319 RE: SamuraiProgrammer #546314

Great post. The talk about shorts and hedge funds wanting retail out and the flu and whatever the hell else can be imagined is just talk.

The stock is not wildly popular yet. That’s more the truth.

JHD
icon url

mypenneys

11/10/18 1:46 AM

#546322 RE: SamuraiProgrammer #546314

Thank for the info nice write up makes a lot of sense.
icon url

EscrowDollars

11/10/18 12:15 PM

#546335 RE: SamuraiProgrammer #546314

Probably one of the most concise and for a chance truthful assessment of the reality we find ourselves in...

There’s no way anyone could hold down Apple, Amazon, Google etc etc if people want to buy the stock because they believe in the company, the BOD, the vision, the future of their investment....

All this nonsense of mm’s holding this POOP stick down is pathetic and a worn out excuse as yuh so eloquently wrote. This farce and fantasy of a KMART run put forth by Guessperts has like all the other sputterings of amateurs FAIL TO RECOGNIZE like you write that the market will dictate the passion in a stock and people will flood into it and BUY if THEY CAN MAKE MONEY....

WHAT DO WE HAVE.....mmmmmm

One BAD MERGER
Two BAD MERGERS
Three poor poor Chairman making bad decisions
Four r/s
Five As you write, current investors in an unprecedented market UNWILLING to place their bets on POOP

Something SPECTACULAR will have to happen to drive POOP forward and there is ZERO sign of this happening. Far from it, the reality for me is there going to take this private like Quicken loans sometime next year...

That could be the VERY REASON the market are wary and uninterested...

GREAT GREAT POST SAMURAI.... I WISH OTHER GUESSPERTS HERE WOULD BE AS HONEST AND TRUTHFUL INSTEAD OF THE USUAL ‘KNOW WHAT YOU OWN TRIPE’

THANKS.....

FYI... I’m a HOLD

BTW... NEVER BELIEVE ANYTHING YOU READ ON THE INTERNET ESPECIALLY A FINANCIAL MESSAGE BOARD....