Bkshadow,
I respect your input and you're right that caution is warranted.
I think, as do many here, that the DIMEQ is the best situated in the WMI BK case among the freely tradable securities (H, P, Q). Also Steinberg et al. have been handily besting Rosen et al. with candor, professionalism, and well reasoned arguments. This is a level of play that Rosen et al. seem incapable of matching...
Not to mention, we have a group of very well-heeled hedge funds and investment firms who are funding this litigation. Thus, while the creditors are hedge funds, our counsel and many of the DIMEQ holders are also hedge funds with substantial stakes in these events. They are not going to let their 10's or 100's of millions of dollars just go away.
Having said all that, you're right that in this or any BK, forces are at work that cannot be anticipated and the final result will be determined a single individual (the judge).
On the one hand, I feel your pain: once bitten twice shy. On the other hand, DIMEQ has proven to be a beast onto itself and the typical tactics are not working for the Debtors (to our great benefit).
Best of luck to you and I hope that you are able to make some serious gains (or have made some serious gains) with DIMEQ!
Jared
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