Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
There was some very strong buying activity towards the end of the day. maybe something's coming soon... next week
We might even close green. This often happens once all the "bad news" is out.
So much euphoria from some over an email, even though it goes against their own interests. Meanwhile others express faux disappointment and outrage about getting nothing. Too funny.
"So I'm sticking with the FACT that it was genuine ". Sounds to me as if you are being assumptive. That email could be fake or could be real. You have no way of knowing. You're picking and choosing what you want to believe.
I don't doubt that the housing market will slow down and here in Phoenix I know homeowners are already under water that just purchased 4 months ago. So companies like COOP will have to cover those mortgage payments if people start to default. COOP will get their money back but it's just not a good appearance, and they will have to use cash on hand to cover those mortgage shortages. So I think overall, yes, the sentiment is not going to be very positive moving forward. We shall see. I just didn't see a precipitous drop in a matter of two days as Lodas postured. I think it will happen over the next few months.
I'll also add that I don't think coop is done surprising us and growing so I will always maintain a position
You are amazing. I'm not sure about the takedown to $35 though .That's quite a drop and I'm surprised you even said that.
Everyone have a great day today
Yes and thanks! COOP has some predictable patterns. Sometimes they get me though.
I made about $1,000 today Lodas on COOP by flipping. I'm amazing.
Nope sorry Lodas. I'm looking forward to my fair and reasonable settlement. I'm looking forward to receiving interest payments for the very very large green portfolios of loans. Delicious. I'll have hope if I want to have hope. I'll dream if I want to dream. I'll believe if I want to believe. I signed a document and I'll be coming for my money.
Lodas, it was Mother's Day yesterday. Many people were with their Mom. Things overall from road traffic to stores were quiet. I said your absence might be because you were spending time with your Mom. I'm sorry to hear she passed. My friend's Mom passed a few years ago and he goes to the cemetery each Mother's Day and spends a lot of time there. So in different ways we honor our Moms.
Of course I sold some. From $52 and bought back in at $40. This stock is a manipulated train wreck. In case you missed it, I hold a large untouched position. I won't bow to you. Lol. I have made money playing this. I'm glad you are giddy about making money from the orchestrated COVID plunge. Heavens.
Long term meaning 10 years. I think you knew that is what I meant. Yea...COVID plunge two years ago? A corpse could have made money. Good for you and us all. Don't assume I missed out on that. Any stock would have made you money during covid plunge (shhhh). I'm talking "long term", as in 10 years to be only nominally above where it was then. If you need more information on that, let me know.
It stinks because COOP never realized its full potential and now they've dragged it on long enough into a downward cycle. I still hold a good position and I have cash on hand and I'm growing more fond of my cash each day.
It doesn't matter. Once home prices start dropping there will be an increase in foreclosures, and although it should be very manageable, the market will use scare tactics to drive down COOP's price. Same old, same old. We are already heavily manipulated. I can only imagine if there's some negative housing news. This has been a long-term disappointing stock. And since there are no golden riches as you say then I think we are destined to keep dropping. The negative housing news should start surfacing in 3 to 4 months.
Nice! So you made your own decision. Kudos to you
The rate increases are already baked in. The anticipation has been there. The stock market will go up. 3 sentences.
Don't forget about having information and knowingly misleading people, and I do mean knowingly misleading people into financial harm. Don't forget that. Don't forget organized crime and each participant would be liable. Cheers!
Nope. Not a chance. I won't be moving on from my escrows. I want to get payment for my escrows. I will get payment for my escrows. I signed a legal document for a fair and reasonable settlement. I have yet to see that. In fact I will be reaching out to some legal authorities this week (fact) so they know I'm still here along with many other escrow holders.
If there is an orchestrated effort to deter people from their legal rights and these escrow holders assume a financial loss because of a coordinated effort to seduce people into losing track of their escrows and not getting payment, then that should be viewed as a criminal activity and those people will be tracked down and held accountable.
I would suggest Lotus if you or others don't want to hear about escrows you could certainly put me on ignore because I will certainly be talking about it quite a bit. That should lighten your burden.
You can view the effort to dismiss escrow holders akin to Russia's effort to deter countries from joining NATO. The war has actually had the opposite effect
Incomplete "Facts". I'm sorry if you misunderstood that.
Nah, I don't consider your "facts" to be "fact". There were two bankruptcies. When the assets surface there will be hell to pay if fair and reasonable is not achieved. Mind you, not .03 of a share. I'm talking dollars. Lots of dollars. Very exciting! Lots of eyes on this.
I signed a document to receive a fair and reasonable settlement . That has yet to happen. If fair and reasonable is not fulfilled then the agreement has not been fulfilled and they open themselves up to liability. huge liability. I'm excited about payday
No one wants to lose a job but it's still a very good job market with millions of jobs available for the taking. I used to hate the process of trying to find a job. It's absolutely a lot of work and can be depressing.
As I posted before, the amount of employees they acquired with the acquisition relative to the amount of loans that the other company was servicing was very top-heavy on employees. So this is a very smart move = efficiency = lower operating costs
The gap was a concern of mine. I'm glad they got it filled and now we don't have to worry about it
Mmmmm..Yum. I am so excited for my upcoming settlement Lodas. Fair and Reasonable. Triple Damages. Not letting go. So exciting
I will be getting a fair and reasonable settlement as agreed to with the court document I signed. I'm excited. Fact
JPMorgan on the hook for triple damages
It is certainly not over. FACT
Organized crime syndicate here on the board.
Non stop berating of those who believe we escrow holders will get fair and reasonable. So odd to me! It's so over-the-top.
You are very involved in the escrow conversations and always minutes away from a response. I simply don't believe you. Actions.
Well you keep talking about it Pick so I guess YOU care
But Pick, you don't seem to know the difference between a Camaro and a Corvette. Good morning
Are you "Mr. 195,000" now? There are many valid points that all has not been revealed yet including that the FDIC has not released, so maybe sit back and enjoy the show.
Indeed
If someone steals your car and drives it over state lines, it's still your car. Funny huh?
Who knows indeed Strike. Some weak minds believe that JFK Jr. was going to show up in Dallas and they sat around all weekend waiting for him to show up. So it's not surprising that some weak minds would believe that nothing is coming back to Escrow. You just never know! Happy weekend.
COOP down 25% from recent highs just a few weeks ago, which means a 30% climb to get back to where we were. All gains evaporated. Months of gains wiped out. But you are excited for today? Well...the bleeding hopefully stopped. Now a long haul up and we can celebrate that we got our money back. If you sold every share at the peak and bought at the trough, then yea..hooray.
He's being sarcastic. He's taking a swing at the 85 year old.