I notice irengineer is VERY active. He feels he has to "reply" to every posting, with some twisted negative post (usually omitting the whole truth). This is a sign that good news is very near. They are gobbling up over 100,000 shares per day. I don't know who is selling. Is it retailers that have been duped (are irengineer's misleading posts actually working ?), or is it the crooks selling to themselves to create the illusion of a drop.
And at the end of the day, thay always buy a token amount at the ask , so the next day the stock can "crash" at the opening to create a "panic". Who falls for these obvious shenanigans ? Maybe the same pepole that enjoy watching (scripted) wrestling on TV ?!
Yes, "it takes a few more months" for them to accumulate a few more million shares under $3.
Remember, this is "insider trading heaven" for them. Has been this way since the days of Rosen and Walrath putting on a show in the court for the insiders to rip us off.
Is it time to restore the dividend ? The "belt tightening" (div reduction) is responsible for a billion dollar market cap loss.
Pretty close, 7.88 !
So, the whole accounting "fiasco" was, in my humble opinion, trumped up to give some big guys a chance to buy cheap shares. Hopefully they got enough $7 shares, and we can get back to $9 by Xmas.
I expect a lot of "profit taking" in the very short term. A lot of people took a free ride on the big boys' manipulation down (me included !). I'm holding for double digits next year, but I can see how one would be tempted to take a quick 10% and run. Can't fault them.
I'm guessing that for every 1,000 shares that Tepper manages to "steal" at under $3, he tosses iringineer a nickel. I guess it beats minimum wage flipin' burgers.
I don't know who is selling. Perhaps the hege fund's strategy of "wearing out" retailers is working ?
irengineer will be getting a bonus this quarter for his work ?
I find it all so funny. By the time they make the announcements, 95% of WMIH will be held by Teper ?!
(with me holding the other 4.9% !?!?) ha ha ha
You don't like it, then sell !
I am buying to get a dividend hike. And meanwhile a steady 7+ percent yield.
Why do you bother to write the nonsense that you write ?
Who do you think you're fooling ?
Don't you realize you're wasting your time, your computer's electricity, bandwidth, etc. (if it's Weil's maybe you don't care).
I wish I were "new", as you say. The only thing "new" here is the corruption of the government. But maybe that's always been that way, too, just that we weren't direct victims, so we didn't know.
Well, if the employees were only of WMI, as you say, rather than of WMB, then why did JPM get to steal our BOLI (for hose who are really "new" I'll explain, BOLI is insurance policies for many millions of rbillions of dollars that companies buy to get compensated in the event their "irreplaceable" employees get disabled or die, and when terminated abruptly, they get a partial refund of the millions or billions they paid in premiums over decades) ?! By "law" (ha, what a joke, but I guess the thieves are still pretending to go by the law, right ?), JPM is only allowed to steal WMB's assets, not WMI's. But I guess that what this whole crime was really about. From the. FDIC's point of view, banks were "hiding" behind holding companies, to avoid confiscation of their assets (which is their right by law). FDIC wanted to teach the banks a lesson, and "damned be the law". JPM was, of course, happy to oblige in stealing WMI assets, that have nothing to do with WMB (real estate, wind farms, cash accounts, all totaling MANY billions). The way to do it: Team up with the hedge funds that bought the bonds at pennies on the dollar, then make a deal with them to give away all the assets (that by law DO NOT belong to JPM) so that after giving them away, there isn't any money left for shareholders of WMI. All 100% against bankruptcy law. And to add insult to injury, trump up bloated "claims" against WMI ?!?
The only silver lining is that to prevent the IRS from nullifying the NOLs due to change of ownership, they had to pretend to give original WMI shareholders a little piece of WMIH. Now they want all the tiny little ex-WMI shareholders (preferred, mostly) to sell them their crumbs in WMIH, so they do this psychological warfare - and YOU'RE IT !
So....keep lecturing us "newbies".
I hope you're right. Its nice to buy cheap shares, but its also nice to get some positive action.
Is one of these dates a hearing about the (bogus) employee claims ? They were WMB's employees, weren't they ? What does this have to do with WMI ? Oops, I forgot, this is the new "justice" system...
Obvious a Pravda subscriber, after all he knows the "truth".
Maybe Yahoo antiquates our ignore lists after some time ?
(sort of like giving the nutjobs a second chance ?!)
Why would they be in a hurry as long as some is willing to sell them more shares under $3/share ?
Once the selling supply dries up, they will proceed with the next step. For us, it is impossible to tell what is really happening just by looking at the volume, since we can't distinguish between suckers selling to the sharks (volume that should be counted) and fake transactions (shark to shark) intended to lure the suckers into selling. The only thing that has been obvious to us "outsiders" is the end of day token purchase at the ask, so they can stage a "panic selloff" at the next day's open, merely by selling at the bid. Interestingly, they can get the bid to be 5 to 10 cents lower than the ask. So they can make it look like every morning starts with a 3% "crash". They've been doing this for such a long time, I would imagine that everyone has figured it out.
Just received the cash (3.25% for the quarter) on my "A" (first lien) notes.CUSIP 92936PAA8. However, havn't received anything (cash nor "in kind") yet on my "B" (second lien). Anyone have a different experience ?
In the months of September/October we will see a significant deterioration of the security situation in the Middle East (translation: Oil through the roof) and a "surprising" (not really) escalation in Ukraine, jeopordizing gas flowing from USSR to Germany (translation: Natural Gas through the roof). By the way, don't tell me its not called USSR anymore.... I bet they don't call it the KGB anymore, too ?
For PWE to get back to the mid 8's will be a cake walk, and we have a very good chance to get back to the 9s. Add to that U.S. midterm election, in which the democrats will lose so many seats that Keystone will return to being an imminent "threat" to democrats. Obama (lame duck) will need to approve Keystone as a bargaining chip to get something from the new Republican controlled congress.
Just sharing my thoughts. It all seems obvious to me....but anyone see it a different way ? Would like to hear a different perspective, if there is one.
Your scam let me buy cheap shares.
I made a fortune on KMP and I needed a place to switch the KMP money to.
Coincidence ? No, Kaiser's clients are in the same situation.
I think that just to show that they don't want a war with GOV (after losing CWH), the Portnoys will raise our dividend this quarter by 2 cents.
If you leave it for your children when you die, the tax on the depreciation over your whole lifetime is forgiven.