In my opinion, for most of the long term investors of WMIH, it is more a a matter of when and not if. I personally believe that the expectation of something being announced before the end of the year is reasonable, but if it does not happen it will not change my strategy with respect to my investment. My investment strategy is simple... buy, buy, buy... and hold until something is announced. I have become very patient with investment, and I'm very comfortable with my strategy. I have been buying WMIH at a regular pace since March 28, and purchased more shares this morning.
Best of luck to all,
~jb