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You lost all credibility with this post.
They were just getting their share of the loot till the money ran out. What does work got to do with it.
Dissolution already took place. Do you have any evidence that it hasn’t occurred?
Imaginary clock reset, will only impact the imaginary payout.
Have you ever listened to COOP earnings calls? They have been telling us about Xome auctions, that it should sell for a billion, for a while. Everything they have said so far has come true. Why would you doubt this claim from them? And why say JWW is pushing, no COOP is pushing. Meanwhile there are so many pushing escrows that have been deleted. How about you attacking them.
Currently it is at $50.50
Not really. Drop in COOP is minor compared to rest of the market today and last Friday. In fact last Friday I had set some shares at $52.25 and they sold.
I am very happy with the upward movement this month. Sold shares to recover savings I had spent on buying a new car. Now plan to wait for $60 to sell some more.
Ok so WAMU should not have been seized. Why compound one mistake with another, the second mistake would be to distribute billions of dollars mostly to people who don’t deserve it like the big hedge fund players.
LinkedIn pages of individuals are hardly a proof. What if they didn’t update their pages?
COOP is not hiding anything. No evidence of it anywhere.
That’s true. They failed when they try to keep it us as H holders with > $2 million holdings. However, aren’t the boys we are talking about different ones now? Not that Jay and Chris are not capable of pulling the same trick.
Brokerage firms also have the information that these securities are worthless.
While I don’t believe in this theory, you don’t have the theory quite right. COOP needs to stay above 50 for 60 trading days.
Another fantasy has already been proposed. Since the 10k covered period ending Dec 31. 2021, same time that LT was dissolved, the restructuring that AZ is waiting for couldn’t be done. Now we must wait till next year for new 10k that we do what AZ is waiting for. Only after that distribution can take place. I am not making this up. Someone proposed this theory to AZ and he readily agreed.
Keep making unfounded assumptions so you can keep wallowing in your delusions. If someone doesn’t expect to get any payout after 13 years of waiting and removal of escrows, the worthless securities, then they are being more than reasonable.
Wells advisors say “merger” but what was merged with what no one seems to know.
The 10k is for COOP, and COOP has nothing to do with escrows. So 10k is fine, it is the prediction that was horrible.
Restoring the markers will allow people the freedom to continue believing in their fantasies. I can see someone saying, why would they restore the markers if nothing was coming back. If markers are not restored, the answer is already there, we don’t need the markers to get paid. No one seems to answer the question, who and why anyone would pay us for worthless securities?
Why months, why not decades?
“Darkness and deception” — there has been no such thing. People make up theories and because WMILT/WMIH doesn’t confirm them, people talk about darkness and deception.
Yes it’s nothing, the link they gave was to a two year old announcement which said we won’t get anything.
Distribution …… By what date?
Why is it a scam? Dividends always go to shareholder of record.
Found anything interesting in the 10k?
$0, it says so in my account.
They should be buying today with the price going down.
I have posted this information a couple of times but no one seems to care. They are more interested in returning the penny they got.
You did the right thing. It is about getting the money if any is distributed.
You are willing to pay to keep them even though they are worthless securities, you must really love your escrows.
I heard that too. It was assuming it will take time to get fair price Xome because owners may go through loan modifications before they finally end up in the foreclosures and auctions bucket.
I had piers. The payments were made in multiple steps. A few checks and then they issued some paper based upon WIMRIC that was recalled partially as money would become available for distribution and in this case money was deposited in the brokerage account. Finally it was all recalled.
I agree with you 100%. In fact I was expecting that we will hear of Xome sale any time and then the price would likely reach $50. It is already $52 without the Xome sale. During the conference call it was mentioned that auctions business is recovering slower than anticipated. I expect that by January 2023 they will be able to monetize Xome and price would reach $70. I sold more shares Monday and today but I am still keeping a sizable number till Xome auctions sale comes through.
Us are worthless securities, they won’t get anything. Ps will get 1 cent per 1000 P escrow.
WMILT didn’t matter, COOP is the Tell. Yet, the escrows were not removed by COOP, rather by WMILT. Then why expect anything to be paid due to an action by the WMILT, especially since COOP hasn’t told anything.
I posted this earlier too. Wells Advisors says Merger under Activity for both Ps and Ks. Some responded by saying that in other brokerages like TDA they indicate worthless securities removed.
You must have gotten shares in exchange of Ps. What you mean you mean to say you got nothing from escrows. Not a surprise since they were worth nothing.
He has been making $73 projection for a while now. Finally we have crossed $50 and even one if the analyst is predicting $71. I think by next year we could reach this number.
We are here, on the COOP board, to talk about COOP.
We don’t share some board members obsession with escrows.
Escrows and COOP have nothing to do with each other. Stock has gone from $5 to $50. COOP Investors don’t care about escrows, they are interested in earnings and growth that COOP reports.