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Isn’t this a fairly routine process that is followed when insiders sell their shares. Do you believe all insider sales involve insider trading?
Why do you say COOP is a $3.37 stock? And why look at a narrow window, when you can as easily the full chart. It went from $5 during covid crash to $40 now. I say sell the shares you have, if you have no faith in COOP as you will get a good amount of real money instead of the Monopoly money from your escrows.
It was either $27.30 or $23.70 I think, it came and went and not a peep about it again.
The entire market is down. And the stock was down even before the presentation.
I think that was for voting rights I think. When they sold them the cost was around $32 I think.
They posting the slides for the presentation this morning. They emphasize the target of 1 trillion UPB upfront. After that there doesn’t appear to be anything new beyond what they said during the last earnings call.
If something happens, of course share price will be impacted, but not before then. And according to AZ nothing can happen till share price reaches $50. In other words, we must wait and wait and wait unless COOP surprises us with even better than usually awesome earnings.
It could take a lot longer than 6 weeks to reach $50. Let’s see what the next earnings call tells us. The sgare price has nothing to do with escrows, assets and distribution of monies.
It meets my definition.
I recovered I put in already by selling portion on my shares and what I own now are freebies, in AZ’s terminology.
You missed AZ’s 2041 prediction.
Yeppers! .... GO COOP! GO COOP! .... Just saying.
These kind of simple minded comments don’t mean anything to me.
COOP is WMIH, KKR is gone. Acquisition of WMIH NOLs by COOP is complete.
There is no one running WMIH other than COOP.
You got that right. The shares we got in 2012 were F&R recovery if you kept them and hopefully still own some of them. Cusips have nothing to do with COOP and they will never pay a single penny for them. If you don’t believe this, ask a question during next earnings call. I can assure you the answer won’t make you happy.
You got that right. The shares we got in 2012 were F&R recovery if you kept them and hopefully still own some of them. Cusips have nothing to do with COOP and they will never pay a single penny for them.
This is not the first time they are presenting. And they will talking about their business and not the fairy tales that are discussed here everyday.
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Yeppers. It is what it is. It is all good. We will be fine.
GO COOP GO COOP.
Have faith, have patience. What's with all this arguing the point, AZ doesn't engage in that.
If $50 becomes $100, the logical thing would be stretch 60 days to 120 days and this rule applies till 2041.
I did buy a good amount of COOP in 2019 and early 2020 but my reason was that I didn’t expect cusips to amount to anything but had expectations of COOP going up. I also sold more than half of them this year. Now that AZ’s new mantra is COOP GO, one has to wonder if his confidence in the escrows has been shaken.
Right away or will wait till 2041.
Need to honor, not sign, an NDA for that.
Yeppers. It is what it it is. Just saying.
Alice is the lawyer that sued McDonald’s because their coffee is too hot and she burnt herself when it spilled some on her. She won and I think McDonald lower the temperature of the coffee they sell. It is a well known case that I knew about since it was widely reported in the media when she won. Long before WAMU saga.
Why are these free shares.
I presume you are talking about P’s, and Q’s will get $0.10. Assuming that this us also not stolen by JPM or COOP.
Yes AZ is talking a lot about flipping and accumulating freebie COOP shares these days. Must be because he has seen light, escrows will yield nothing or a pittance. How does one buy COOP shares for free, can someone tell me.
Germany is tiny in size in comparison with US. And I am sure you are using the infrastructure, good or bad, even though you don’t want to pay for it. In any case this has nothing to do with COOP so let’s just agree to disagree and move on. It’s all good. Yeppers.
Tiny amount of money is involved?
Great! Then I don't know why people are whining about tax rates when no taxes need to be paid.
Have you ever seen the massive amounts of spending involved in transportation and infrastructure bills? Don't tell me you don't make any use of them. Everyone needs to put something in the kitty.
It is free money. When you lose money on other stocks you move on. In this case we got shares in the reorganized entity which now are worth a good amount, definitely F&R. Those talking about windfalls are indeed are looking for free money which if materializes should be taxed as ordinary income.
Why is paying taxes on free money so painful for some.
And all this with only 155K shares traded.
Yeppers, me too, me too, just saying.
Super SPAC like PSTH.
Who does “they” refer to?
You have it backwards.
If someone was working on a secret deal, will they make public the people they are dealing with? Doesn't make much sense to me.
Now we know what "COOP is the Tell" means, COOP will "Tell" the legacy escrow holders to take a hike as COOP is inheriting all that was to come to then. If they don't own COOP shares they get zilch.