You need to decide what you personally want to do since you are already in the hole. I do believe it will turn around, but not for awhile. Sell part to cover capital gains on other stocks or whatever you need to do to feel comfortable and sleep.
At this point they have no where to go but up. I will wait till the dust settles to buy, but I can see this going below $1 Remember when it was below .50 in 2009 and almost lost its nasdaq listing, then repeated in Dec 2011. Good Luck
Sorry for your loss, but this company always drops on earnings...even if its decent. Look at last 8 earnings dates and see how many have a positive pps effect.... only 1
How do you get to a 30 to 1 R/S? What was the price of WAMU common at time they were locked to be converted to WMIH? What was price of P's and K's at time they were locked and what was the ration of WMIH shares did they receive and what was the initial price of WMIH?
You have this ratio but have no way to explain it unless you are comparing to pre BK holders, that is a different story. That is some fuzzy math you have going there
Pure manipulation on very low volume. This will rebound, already gained half back for the day and be back to $1.40 soon. I cant see retail selling at this price, even though its a 100% gain for some. Those who have held for years know we will get what is due... we are still here and trading! This game is far from over and you can only hide the $$$ for so long.