C'mon, won't some Wmih retail sap bid on 100 shares @ $3 a share and pump this baby up? Try and fool someone that this stock is worth something.
Brand, it's surprising to me that you continue to post on this board, after earning millions in bankrupt stock, and working your way toward billions. Not too many multi-millionaire investors in bk stock continue to post on this board.
Brand, from your posting history of 24/7/365 on this message board, I know you aren't a millionaire. Most likely you are a government parasite, living in your parent's house, using food stamps. Who do you think you are fooling by pretending to be a millionaire or aspiring billionaire from your investment in bankrupt stock and it's dross? The only person you're fooling is yourself. Not even the Wmih longs are buying your tripe of a story.
Isn't some Bozo retailer going to jack up the pps with a 100 share purchase? C'mon, at least make it look like this stock has some real value. You won't fool anyone who's not already invested in the POS, but there are so many stupid current Wmih investers, you'll fool a lot of them into buying more.
Geewhizze, only bitter responses to my initial post from posters like Brandmarty. And Brand claims to have made millions. So, Brand, why so bitter?
It seems as though money is growing on trees, falling from the sky, flowing in rivers and streams for Wmih and H shareholders. So many claim to be making big money off these shares. They all invested in millions of shares, at the bottom pps, with perfect market timing. They are giddy with excitement.
Yet most of their posts are so bitter toward FDIC/JPM, even glad other people are seriously ill. If they are making fortunes in the dregs of bk Wamu shares, they should be praising FDIC/JPM/Dimon, on their hands and knees. So, why all the demands for justice, why all the bitterness, why all the hatred?
If the posters on this board are making big money, what's with their attitude; doesn't make sense.
And you'll see that there aren't any.
If I had that kind of money, I could buy a new (cheap) or used (couple years old) car!
I'm not trashing Wmih, I'm merely pointing out the tremendous trading volume and cash trades made during the day. After the trading day is half way done, already 8,000 shares have traded hands for a cash value of over $20k total. Man, that's big, BIG, money!!!!!!!!!!!!!!!!
Oh MAN!!!!!!!!!!!! The trading day isn't even half over and already over 8 thousand shares of Wmih have been traded, that's over $20,000 in trades, U.S. and International. Wmih has hit the bigtime!!!!!!!!!!!!!!!!!!
Two and a half hours after the opening bell, about 3,000 shares of Wmih have been traded! That's over a thousand shares an hour! I guess the investors of the world have finally found out about this gold nugget!
Latest news from Wmih management press release. We still have no business, no plan and no profits; just waiting for more free bonus shares and Cha 7 bankruptcy. That is all for now!
Two years and still no merger partner. Two years for Blackstone and 6 months for KKR, both powerful entities, and still no merger partner. MW and his BOD are surely willing to take free/bonus shares of Wmih, but when it comes to a real business, business plans, or profits, they got nothing at all.
Hey, what's left but Cha 7 bk, but only after Wmih's management cashes in all their free/bonus shares and leave retail shareholders holding their stinky bag.
"WMIH is a mult-BILLION $$$ company just waiting to be found out by Wallstreet."
Hmmmmmmmmmmmm?????????????? We'll all be stinkin rich, stinkin rich I tellz ya!!!!!!!!!!!!!!!!!!!!!
It's been more than two years since Wmih was established. During that time no merger partner has been found, not even a hint of one, despite Blackstone's and KKR's best efforts. During the 2 years++, Wamih's management has failed to come up with any business, any profit, or any business plan at all. Wmih has about $50 million in assets and, with 200 million shares outstanding, a real value per share of about 40 cents (despite retail shareholders bidding up the pps to $2.76). So the big question is:
How long can this continue before Wmih's management cashes in their millions of dollars of free bonus shares and declares Cha 7 Bankruptcy for Wmih? There seems to be no other course of action for Wmih.
"Try to imagine a scenario where a company would trade 50% (a merger of equals in your post above) for (maybe) getting a 28-35% returnn. Really?? Do you know any company that would give up 1/2 or it's profit to not pay a 35% tax on 100%?? No one else does either."
Maybe that's why neither Blackstone, after over two years, nor KKR, after 6 months has been able to come up with any kind of merger partner for Wmih. No matter how much Blackstone or KKR fish and dream for a Wmih partner, they can't find one.