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  • Value In WMIH? Here Is What We Wrote @ $0.50 Per Share 0 comments
    Dec 13, 2013 11:06 AM | about stocks: WMIH

    .. That said, I can't help tracking WMI Holdings, which is the post-bankruptcy NOL shell of its predecessor, Washington Mutual (now a part of JP Morgan). Here's why:

    1. It doesn't conduct any business. Its solely a balance sheet story, that is, if and until it makes acquisition(s) to utilize its NOLs.

    2. On August 8, 2012, WMIH released its audited financials for the first time since it emerged from Chapter 11.

    Click on link to read full article:

    http://new.specialsituationsmonitor.com/alerts/am-i-just-imagining-value-in-wmih/

    Disclosure: I am long OTCQB:WMIH.

    Themes: Post-Bankruptcy, Post-Reorg Stocks: WMIH
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