Sometimes, I concur with everything you just stated. I did not reply to Yanik in this way, but everything you wrote and more was assumed when I discussed "multiples" in the most simple terms.
Pardon my ignorance but what does the bolded part mean? I invite anyone who has knowledge to help me understand this
Thanks
reason for rising PPS = market anticipation of positive forward-looking events including but not limited to: consummation of KKR financial deal; capitalization of WMIH corporate shell; M&A with profitable business; up-listing to major stock exchange with assignment of appropriate industry price-to-earnings ratio (P/E) multiple - imo