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Jhd, I do not think you can use Bray as a factor because to start with his auto sale is a small amount for him and this keeps him out of any I.T. Issues so no factor in my view.
Notice you only see the one sale from Bray an no other from Execs, so this is the tell in my view
jhd51, I hate to answer in this way, but NO WAY to know for sure in my view.
1) The price could seriously drop depending on if this event is one part or two parts separated by time and other potential filings
2) So, if this event has shares issued to a DST for potential ownership of assets from the former Estate and/or payback for the Servicing Rights all of these years, is there value shown in the filing for remittance of these shares to a DST for the distribution to Beneficial Owners who signed timely releases y 3/2012 OR IS THIS JUST A PAYBACK AFTER ALL OF THESE YEARS
3) If just payback, then it would be possible for COOP to be in the $18.00 to $20.00 dollar range due to dilution and of course this would eventually go MUCH higher BUT over time
4) However, on the other hand, if there is value associated with this transaction then there would be no dilution as this would more than likely be immediately accretive to COOP stock price and go SUBSTANTIALLY HIGHER
5) I tend to believe, the Big Money players do NOT want ANY sunlight shown on any of this or other big investors gumming up everything with litigation so I tend to believe the price will go higher then everyone is happy including the investors who do NOT have any signed releases, but again this is just my opinion.
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Cura, yes, you are correct and very good point. I am looking for something very positive to happen on/before 7/21/2023.
As always, only time passing and filings will show us the way forward.
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Cura, interesting post as it kind of aligns with what I think. Care to share what makes you come to this conclusion?
Thank you
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Boris, you wrote the following post which is spot-on correct and says it all!
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Just remember the hedgies are the cavalry. They will charge when the timing is right.
Anyone who thinks they've thrown in the towel is sorely mistaken.
They know something.
Their silence is deafening.
And of yeah, the UWs always send teams of lawyers to meaningless hearings where there is no money involved.
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March 19, 2012 was the (ED) Effective Date when there was an Ownership Change that would carry through whether Safe Harbor or not while ALL preferred and common prospectuses were canceled including all associated docs.
So for every dollar worth of assets 75% will go to timely signed preferred released investors and 25% will go to timely signed released common stock investors.
This is my view based on what I think I have learned over time.
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What should have propelled coop’s price much, much higher was retiring almost 20 some million coop shares.
It appears this did nothing or very little for price appreciation not to mention all of the hugely profitable quarters/years.
Also, coop has never been close to the so called financial analysis views of price always staying way under.
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Very simply Ron.
DST (s) will play a major role in whatever distributions we eventually see.
The trigger is anyone’s educated guess is as good as mine.
Enough said!
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Stox, all I can say for sure is the price of WMIH/COOP has obviously been held down with much lower prices since April of year 2012.
So, it appears the $50.00 dollar mark has been purposely kept just out of reach. Now, letting coop close at $49.99 to me is obviously purposeful and I believe the Powers-that-be are laughing their xss off.
Now could the closing price of $50.00 be some sort of trigger…well it fits into my timeline if it happens for an 8K filing by coop showing us something we have been looking for, for many years.
My timeline for this coop 8K filing is imminent to the 21 of July, 2023 based on some things I MAY have learned.
Only time passing and filings will show us the way forward.
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COOP closed at $49.99 and they are laughing their xsses off...hehehhe
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Cura, any point in this client agreement you care to discuss and/or highlight?
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Stox, I think ultimately all investors who released by 3/2012 will be happy with the returns considering money never sleeps and it has been since 3/2012. Only time passing and filings will show us the way forward.
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Newflow, I was trusted not to put out however, if it happens, we should see it several days ahead of 7/21, I would think.
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Stox, yes, DD is still intact for a potential 8-K/ Event up to July 21, 2023.
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SPIKED Opium worms ONLY…NOW AGING for best results
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Once we were abandoned, I believe that was the legal issue to allow us distributions so let’s have at it now JG Wentworth
Redneck Rivera can be fun coupled with beautiful beaches along with low rent and high rent districts so something for Bums, Losers, Criminals, Hoes and more
This. potential rumors makes absolute sense when one thinks about all the banks ready to fail and load up the FDIC criminals with more than they can handle
This also probably means something far worse than year 2008 meltdown will happen within six months to a year..,maybe much less
BanjoBob can get his Hulu dress ready with all he new recipes
Ready for fun in the Sun
Shutting us down would be wonderful as long as it is in our lifetime…How about shutdown being imminent?
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Boarddork, which Bonds are you referring to that you discussed in your post?
Are they CUSSIP numbers that follow? If so, please explain as these are the five bond flavors of Subordinated Debt that make up around 15B
1) 93933WACO
2) 93933VAS7
3) 93933VBA5
4) 93933WAB2
5) 93933WAA4
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Expecting a COOP 8K filing - Imminently and/or up to July 21, 2023 POSSIBLY suggesting information regarding investors who signed timely releases by 3/2012.
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LP, no because due to a very fluid situation the date has been moved out to July 21, 2023. I reported this in one of my recent posts in the last day or two.
However, I still believe an 8K is imminent or between now and 7/21.
The information I have is public information that most people would not look at or decipher.
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Sure looks like they are still keeping COOP from going above $50.00. Possible potential strike price NOT on record yet for another potential transaction...who knows for sure but time passing and filings will show us the way forward
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RD, I already responded to you publicly on IHUB why I will not disclose until after July 21, 2023, and/or when the potential filing happens.
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Cura? What part of this do you want to emphasize?
I advised I would not share details until after the fact or certain dates passed due to potential issues.
There is no exact proof the POTENTIAL info pertains to those of us who signed timely releases, but some of us think it does.
As I always say, only time passing and filings will show us the way forward.
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xoom, I know Denny is a very good person and business planner. This would require a positive can-do attitude and keen decision making which requires looking at both sides equally while evaluating the facts and much more.
Just with these first points, your candidate would fail miserably.
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Denny, thank you for your kind words and I wish you the VERY BEST with your new endeavor!
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CONNECTING THE DOTS - This is all we can do is try to make sense of a case that has over 800 court-sealed and redacted documents - Some info I come across is liquid and constantly changing, so the info I share will also change accordingly. For those who cannot handle, I have suggested before and will again, place me on ignore and move on
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As subject matter expert and Certified Bank Auditor, CBA09 advised before mysteriously disappearing, we may have to wait until the "R" is officially closed/terminated
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I still believe this coming week is very important and still very ripe for a COOP 8K filing possibly showing more of what we have been looking for since this travesty started however, there is some new information that could move this sweet spot out until July 21, 2023.
Ultimately, if nothing happens, I will share the PUBLIC information I have found that led me to believe a COOP 8K is imminent BUT NOT BEFORE July 21, 2023. Now this information that could lead to a COOP 8K COULD ALSO be about something we are totally unaware of and NOT connected to what we are looking for to happen. I believe the information is strong enough to merit an 8K filing, so we shall soon find out.
Like I always say, ONLY time passing and filings will show us the way forward.
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stox, regardless of what happens or DOES NOT happen, this WaMu travesty will NOT BE OVER until the FDIC is OFFICIALLY released and the Receivership is OFFICIALLY TERMINATED/CLOSED
As subject matter expert and Certified Bank Auditor, CBA09 advised before mysteriously disappearing, we may have to wait until the "R" is officially closed/terminated
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Yes, still have a good reason to believe a COOP Material Event is imminent.
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BINGO!
I think if and when the filing arrives showing coop issuing shares to those who signed timely releases by 3/2012, does it include value associated with the filing? Huge question!
1) My answer would be if coop issues shares they MUST show what they are buying and from who due to being a public traded company
2) Unless coop is being taken private by say a DST called WMI who is owned BENEFICIALLY by those investors who signed timely releases and because WMI is non-public, it does not have to file disclosures like public traded corporations.
Then there would be a premium to take private around $55.00 or $60.00 a share in my view which would be way undervalued in my view
3) The other potential action would be for coop to issue shares and a delayed filing showing what those shares are for which would temporarily sink the price of coop due to dilution however, to me, this would seem nefarious and bring a huge spotlight which we know they do not want
4) Personally, I hope for number two to happen as those investors who signed timely releases would be receiving value in the (coop) company taken private
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Milk Duds, now that is a LARGE STYLE BINGO
Great assessment!
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OR if the 80 plus year old was working in a negative capacity possibly due to potential forth-coming information sometime this month, he was told a month or two ago that he would need to go silent.
Was the following POSSIBLY PREPLANNED for a KNOWN COMING EVENT?
1) Purposely told people many, many times he is an 80-plus-year-old man
2) He also let everyone know he was an educated subject matter experienced player in OPTIONS
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There has always seemed to me that coop equity price has always been kept very low for reason.
This may have to do with possible shares issued to those who signed timely releases such as preferred shares that the Players would want a very low strike-price of coop to convert preferred into commons.
To this point, this could explain why coop has always been held down…until those shares are issued and/or the strike price has been determined.
Maybe that is what just happened recently to explain why they have allowed coop to approach $50.00 again with the looks of going much higher.
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[b]Swami, thanks so much for the response and one could deem a potential silver lining but only time passing and filings will show us the way forward.
Take care and let’s hope for the best possible outcome.
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Thanks Bbanbob and thank you Swami as I would like to see how ETrade responded to you. Hopefully they shed some light on potential distributions
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PROOF OF DST IN AMENDED POR 7 MEANS ASSETS CAN NOT HAVE ANY OTHER MEANING
***KISS***KISS***KISS***KEEP IT SIMPLE STUPID***
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As set forth in the Confirmation Order, the members of the Trust Advisory Board hereby designate William C. Kosturos in connection with the applicable provisions of the Delaware Statutory Trust Act, 12 Del. C. § 3801 et seq.
Amended POR 7 signed by the court on 2/23/2012
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One cannot open a DST without assets...YES IT IS THAT SIMPLE however there can be an argument made for how much, when but there cannot be ANY argument to those investors who signed timely releases who own the former WaMu Estate by signing timely releases by 3/2012 and will be BENEFICIARY RECIPIENTS OF THE DST WHEN THE MOVE FORWARD HAPPENS
I look for a COOP Material Event between NOW and the end of June but more precisely between NOW and June 16, 2023 further giving some details to our timely-signed releases by 3/2012, so I will further guess that the 8K filing happens on June 12, 2023.
This is not over until the FDIC has been released and the "R" is terminated and/or closed.
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The WaMu travesty is not over until the FDIC has been released and the "R" is terminated and/or closed.
All one has to know is that all it takes are a few signatures releasing the Perps and Big Money MAY flow but UNTIL the aforementioned happens, THIS IS NOT OVER.
Also, remember the Perps want to ensure they were the VERY last in line (tranche 4) where they controlled the Piers (part equity, part creditor) so they could receive ALL PURPOSEFUL LEFTOVERS under their original plans AND there would have been NO ONE LEFT to see the purposeful and legalized leftover theft, HOWEVER, they were caught!
Now we are riding their coattails (per Judge Walrath) waiting for the correct timing for distributions.
WMI became a DST the first week of March year 2012 and is not to be confused with WMILT (canceled on 12/31/2021) which number six of the seven deadly sins to ensure the legality of a DST is to ensure the pre-agreed timeframe for distributions is met.
NOTE: A DST CANNOT BE OPENED UNLESS THERE ARE ASSETS!
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