Mr Cooper Group Inc (COOP)

[Large Green]

My View-Current WMIH Insider Trading at its Very Best


An Insider Who is in the Know of NewCo/WMIH - Has WMIH in Multiple Accounts - One Does Not Get Closer to the Facts - Must be a LARGE Deal To Keep Adding in 3rd Quarter/2017.

Here take a look at this wonderful post from Dmdmd2020
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Per the WMIH website:

http://wmih-corp.com/director-and-officers/michael-renoff/

The board of directors has a member (Michael Renoff) who is currently associated with Scoggin.

"Mr. Renoff has served as a director since March 2012. Mr. Renoff has served as Senior Analyst of Old Bell Associates, LLC since 2008. Old Bell Associates, LLC is the investment manager to Scoggin Worldwide Distressed Fund LLC, which owns shares in WMIH. In addition, Old Bell Associates, LLC has an investment management arrangement with Scoggin Capital Management II LLC and Scoggin International Fund Ltd., each of which own shares of WMIH. Mr. Renoff is a member of the Audit Committee and the Corporate Strategy and Development Committee."


http://www.nasdaq.com/symbol/wmih/institutional-holdings?page=8

Scoggin Management L P.... as of 09/30/2017 reported 5,729,015 shares; added 720,782 shares which is an increase of 14.39%.

IMO...it seems that if Scoggin is adding shares.....then you can draw your own conclusions!



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