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.
Has COOP been able to utilize any NOLS ?
So what's really Fair and Reasonable considering what JPM got for what they've paid for, so far? It looks to me like there's a many, many billions balance to settle things.
I thought Bonderman had class 22 escrows. I'd appreciate a clarification about this.
Large Green, what is the ratio for commons that you predict?
LG, so before the reverse split. Is that what you are saying?
Large Green, please help me understand this. IYO, Bonderman and the rest of us escrows commons will be getting a ratio of 5.4 COOP for 1 escrows share? Or is it the other way around? Thank you very much for your effort to TRY to figure this out.
So will all escrows holders be getting COOP shares by the end of 2020 to get the ratio needed?
xoom, your point is worth consideration.
BBANBOB, I still am leery because of the lack of transparency. I'm also concerned about the hedge funds not "weighing in" on this, verbally. Can anybody document any comments they've EVER made regarding escrows distributions, specifically?
LG, yes, yes, yes, but when, when, when ? It seems like it's been an eternity since the seizure, but never any official guidance as to specifics of any distributions coming to escrows commons. Just a lot of speculation. Some of the research seems to have merit. But NOTHING tangible ever comes of it. At least, not yet, I guess.
wowalters, is this what's in "safe harbor"? If not, where has this $86 billion been sitting?
"$86B plus interest to common shareholders of WMI".
Duyrowndd, please excuse my lack of knowledge pertaining to "safe harbor". But what is in "safe harbor" that will provide money for distributions to class 22?
So escrows are to get cash distributions by early January 2021 (taxable for 2020) and COOP shares sometime in 2021?
Is that the latest prediction that's "floating around"?
yep, hopefully, Bop as a good feel for something coming to class 22.
I would like a cash distribution. But the way COOP is looking. COOP shares would be "Oh so fine".
If there is nothing coming back to escrows. When will this not show up on my brokerage account?
My bad on the math. That should be 25 B.
Wonder where that 24 Billion went. "The holding company, WaMu, Inc., was left with $33 billion in assets, and $8 billion in debt"
Royal Dude, with all due respect. Do you have anything substantial to back those specific distribution/payment dates up? I sincerely hope you do. I do agree that the tax rate uncertainty of the Presidential transition just could be some sort of a catalyst to get things moving before the end of the year.
Large Green, Royal Dude, we still need the "real thing". Agree?
Wouldn't this be a waste of time and money if there were no money at all at stake?
Royal Dude, so escrows is legally entitled to the "fair value" that JPM still owes for Washington Mutual. Is that your understanding. If so, where is that documented? Or are you talking about the trusts, safe harbor assets, etc.? Who is supposed to get paid for such things as Washington Mutual's real estate and other assets besides the bank operation itself which I assume is what JPM bought with that initial 1.8B down payment. As you can see I'm in need of another concise explanation. LOL
COOP seems to be "cruisin'" pretty good right now. The share price is still low enough to attract many average retail investors. Now, if and when it hits $75/$80 per share range that forward 12 for 1 split might be prudent. It's nice to fantasize. Kind of like fantasizing about actually getting a nice escrows distributions payout. LOL
I just hope the Hedge Funds are still patiently waiting for distributions like many of us are.
I was hoping, as "coat-tailers" in this, we had the Hedge Funds' attorneys fighting for us.
RD, that is something that I've wondered about. But why couldn't they communicate any status or progress reports?
COOP would "skyrocket" if escrows distributions somehow emerged before the end of the year.
12 years and little, if any, communication to escrows holders leads me to doubt having the legal representation that was needed.
Judge Walrath, Susman, Willingham or somebody with some influence should have made arrangements for more legal representation for escrows.
RD, I appreciate that synopsis. I was also wondering if the hedge funds involved might be getting a little antsy.
Royal Dude, please list briefly the top three reasons you feel escrows will get a distributions by the end of the year. Would, to make the distribution taxable for this year, possibly be one reason? Just a brief summary would be helpful in order for me to gain a clearer picture of what you see transpiring.
There are some that really try to do research and "put this puzzle" together. But after all this time, we really do need something "concrete", not continuous speculation.
Royal Dude, I sure hope you are "on to something". For the sake of COOP and escrows.
Royal Dude, will escrows being getting interest from JPM for the money they've owed for a long, long time?
Thank you Royal Dude. Keep up the effort to analyze and inform others.
What do AZCowboy and Royal Dude agree on in this escrows distibution situation?
MONICAWLAW, do you mind elaborating a little on this? "We are being Controlled here". I do like COOP's potential.
MONICALAW, does Royal Dude's imminent distributions theory really have any kind of a chance of being valid? If so, it would certainly be "Fair and Reasonable" for escrows. Do you have theory that you can share? I noticed you indicated distributions coming before March 31, 2021. What's that about?
Does Royal Dude's imminent distributions theory really have any kind of a chance of being valid? If so, it would certainly be "Fair and Reasonable" for escrows. Even after all these years of waiting.
What are the realistic chances for that $2.09 per escrows share per 10 B, that's been floating around, for a distribution of some sorts by the end of 2020?
AZCowboy, do escrows have any connection to KKR?