Stop posting that nonsense that the hedge funds own what % of WMIH.
RETAIL owns 85% of WMIH hedge funds own only 14-15%, there are many sites you can go to to see the ownership of WMIH and NONE I RESTATE NONE show hedge funds owning more than the 14-15%
I made money buying shares and pfds when Rosen was still our guy (representing WMI v JPM and FDIC)
I made money selling and buying - not quite trading
Then I got caught with way too much stock the day the judge insanely said the GSA is good and then later that all money went to FDIC and JPM and bondholders again and again
So I hope you are right - but what I see is the NOL - and I expect because GS and others want something ok to happen - that NOL will be sold for just under 1B divided by shares now greater then original by those issued to BOD
I would love to see more I would love to see my H money I would love to see the LT create value
First of all the BoD will not survive another election......They will be booted for doing nothing, maybe that is what they wanted. Do nothing but collect few shares........Hedgefunds do not wait for 20 year returns....they want their money now.....so very soon something will change.....The Nol's right......We could have purchased something and not affect the Nol's, even a bank......Nols. heck we had 8.x billion in OL we did not do anything with so waiting around for Nols yeah we are waiting till 2030 when they mature..............