Mr Cooper Group Inc (COOP)

[tcr7309]

freddy, when I flip a bk stock I wait for my entry, could be anywhere from 3 cents to 50 cents and let the mm's manipulate the movement, this cycle occurs several times in a normal bk. it's speculation that drives the movement, it's mm's who plant news items, it's third parties pumping and dumping. but the driving force is usually that assets are coming back to share holders, thus driving up the pinky share price.

if you have an old wamu chart when it hit the pinks it's easy to see the ebb and flows. it's all a mm game.

to answer the rest of your questions,

after all these years if money was sitting at fargo, that information should be reported right. so my take is there is very little monies at fargo and the only money in the estate is the 2.5 ish billions the fdick has to pay off creditors.

if money was coming back to jr's and share holders why would the fdick withhold that information, they have a fiduciary responsibility to provide the information to debtors. oh, yea, all off book, that's right.

why have you not seen any money coming to escrows yet, if it's sitting at fargo, what's the delay. there are rules that need to be followed to disseminate assets to debtors expeditiously. with all the cash sitting at fargo, you would think it would waterfall in a little quicker.

it is hilarious to think that jpm paid 151 billion CASH for wamu distressed assets of a bk holding company when they paid 1.888 billion for the entire bank, lol, ridiculous.


all imo