Saturday, October 18, 2014

WMI Holdings Ticker Symbol WMIH Blogger Opinion

In its most recent quarter, WMI Holdings reported net income of $17 million due to expend reductions.  That makes two of the most previous four quarters profitable, with profit in the two quarters being around $24 million and losses in the two quarters being only $13.6 million.  With the know-how this company has, formerly being known as Washington Mutual, I view this as a potential come back play.  I will set a 12 month price target of $5 for it and believe that it may be worth a dabble here.  I currently have no position in WMIH.

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