Congrats on WMIH. I also took a position a while back but very small (1000 shares). I never expected it to go up as much as it has. I'm looking forward to a smiliar performance from Syncora if they begin writing new business. Hope springs eternal.
Are we carrying substantial NOLs on the books?
With that albatross from Alabama in the rear view mirror I was expecting a nice upward movemengt in the price per share. Disappointed yet again.........sigh. Anyone have a guess at the current ABV? It must have improved with the Jeffco settlement.
It means we are finally clear of any Jeffco liability. Another big barrier is out of the way if they ever decide to apply to write new business.
Yes, no one seems to be willing to sell at the bid. A dollar by Christmas? Sure would be a nice present for the longs. Still lacking a piece of official good news from the company that would drive greater interest and volume.
I think we are still under the radar, but it looks like our stars are finally lining up. Having said that I have been wrong before. Best of luck to the longs I am still one of you.
have any brief conclusions? The market actions suggests not much changed quarter to quarter, but sometimes it takes a few days for news to be disseminated. Still long and still hoping for the best.
no ask at any price. And no trades today so far. I guess the market maker fell asleep with all of this action we have been getting. lol
I see the situation in the same way and have the same price target. The good news, however, is taking much longer to be announced then I thought.