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Thank you! That is FANTASTIC news!!!
Pushing towards 95.00!!!
Was this discussed by COOP on earnings call this morning...?
With another 200M...(I'm guessing)...almost one billion spent on repurchasing stock?
If I have time today, I will go through all the earnings calls and get a total
Awesome!!!!
But I'm confused by this statement... "approved additional $200 million for stock repurchase, bringing total authorization to approximately $270 million"
200M....for future stock repurchase?
"Current market projections now anticipate between five and six interest rate cuts by July 2025, a shift from the three to four cuts expected as of July 1, 2024. These expectations are derived from CME's FedWatch tool and suggest a mortgage rate around 6.0% by July 2025."
I'm hopefully that we are around 5% (or lower) by next summer...not 6% as the article states.
Hope its put to bed... never liked the idea of selling such a valuable asset.
90.17....new high today!!!
With the early drop, I thought we were inline for a sharp pull back today...but super happy to see we are back up over 89.00.
Based on the last few days of trading, I think earnings will be fantastic.
Stepped away from my desk, came back to find COOP had broken through 89.00...and finished strong.
Oniro,means dream,in Greek...I picked this name, as I dreamed that some day the market would bring me great wealth...it's no longer an Oniro,its reality,thank you COOP!!
God bless the USA and COOP!!
I just heard on the radio...possible rate cut at the end of the month when the Fed meets.
If its true...no looking back for COOP...easy 100.00+...and beyond!
Do you still own COOP stock? or did you sell like others on this board, and now hope for COOP to go down, to make feel better?
Nice run into earnings....hoping for 90.00+ by the end of the week, 100.00+ after earnings are released.
120.00 by year end.
IF rates drop big next year (and they should), pent up demand... housing market catches fire....200.00 + by mid year 2025.
Big Jay is selling ....
Mr. Cooper Group Inc. (NASDAQ:COOP ) CEO Jesse K. Bray sold 25,000 shares of Mr. Cooper Group stock in a transaction that occurred on Friday, June 28th. The stock was sold at an average price of $80.93, for a total transaction of $2,023,250.00.
It certainly is frustrating, but on a positive note, each quarter, COOP establishes a new base and holds it until the next .
The absolute worst, was when we were stuck in the 40's for what seemed like forever....
Well its hard to go up, when with no news, not even a crumb of anything bad....it's dropped by 1.50.
Then, the next day, its "allowed" to go back up a 1.00
This stock has NEVER traded organically on its own fundamentals. If it did, we'd be at 250.00 right now.
"Mr. Cooper is the largest mortgage servicer in the United States, with over $1 trillion in unpaid principal balance and more than 5 million customers. They are also a top 20 home loan originator in the country and the largest non-bank servicer."
100% true, but a few on this board like to gloss over the fact ,that JPM NEEDED WAMU to survive....and the goverment,deep in bed with JPM, could not allow JPM to fail....
While other Banks/Financial institutions were bailed out, WAMU was not.
While other Banks/Financial institutions where not allowed to be shorted,WAMU was allowed to be shorted.
While other Banks were seized on Fridays,WAMU was seized on Thursday, BEFORE WAMU COULD TRANSFER MONEY to the bank.
1.9 Billion is laughable...
JPM wanted WAMU for a loooooong time, just needed a "bank run" to facilitate a takeover ,and the super corrupt US gov. was more than happy to oblige them.
Watching COOP stock daily, since its inception, I have come to realize that its highly manipulated, and have stopped panicking when it drops (like the other day by by almost 3.00). As long as we don't have a 2008 collapse...I see zero need to to worry.I am enjoying the ride, waiting for my price point of 300.00-400.00 so I can bail, and live the good life! One to two years...IMO
By the way...According to NASDAQ 87.7%...56.7 M shares are held by institutional investors... Blackrock, holds 10.6M. As I've stated before, I absolutely hate Blackrock being involved. Although I have seen them move away from DEI, still do not like the way they strong arm businesses.
83.93 fantastic day!
Sure is...big mistake, unfortunately haven't had many opportunities to get rid of the baggage.
Yep...its a crap shoot,but I can say this....COOP has DOUBLED in the last year!
Fingers crossed,we double again from here to next May!!!!!
May 9 2023 42.38....and today 83.00++++
Super happy to be wrong!!!
83.04!....doubt it will hold.
By the time I edited, its back under....
Some volume this morning....anyone want the 20 million I have been sitting on for 16 years?
Great to see COOP hold 81's today.
FED's meet next month, if they announce .50+ rate cut, depending on where COOP's at...(IMO)100.00 is not out of the question.
Rockin' @ 81.98!
Incredibly low volume, for a company that kicks a$$ just about every quarter.
I know that shares are available for purchase anytime, because I've bought and sold, without any issue.
Everything we've read ,says the stock is a solid buy with great upside...so where are the buyers?
Solid numbers today ..IMO,$100next call,$120 by year end.
Next year...maybe $200 by year end
But,will need much lower rates,and more inventory...to get there.
I've noticed in past earning calls that they tend to run it down ,from open until webcast...then up we go.
I'm sure the same will be true today,since I've not read anything negative to suggest anything but blue sky ahead!
100% true,the "disclaimer" was added recently.
Living in a alternate reality,where what you post no one understands ( on purpose)...and then claim victory,by twisting what was said.
"COOP is the tell"...became "I told you to buy COOP,when it was 5 bucks". LOL,what a joke.
Nothing like jumping on the COOP board to brag about your so called "achievements",when you have none...lol!
19.4% that number is BS...it's a lot more than that.
I used to go to the grocery store and with 100.00,come away with a decent amount of food, now that same 100.00 buys about half the groceries.
Also ,last three years, we've been looking to move....housing prices are through the roof, and thanks to high interest rates, few houses are on the market, and if by chance you find a house to buy, there are 20 other offers. Bidding wars are the new norm, so we decided to rent, and see what happens next year.
The big bright spot is the stock market....no matter what is happening in the world or here in the USA...just keeps going up. I'm hopeful that COOP gets to 200.00-300.00 in the near future, so I can get out before the sheet hits the fan.
Agree 100%...200.00+ is where we should be TODAY.
That being said,I'm super happy that we have started to see COOP consistently move in that direction... holding gains and adding to the PPS.
And needless to say, It was absolutely misery when we spent almost two years ,locked in the 40.00's,with what appeared to be no end in sight...thank God that's behind us
Here is my prediction from January....
oniro3363
Re: JusticeWillWin post# 722225
Monday, January 22, 2024 12:05:31 PM
Post#
722227
of 725881
IMO...If by Feb earnings call, COOP is close to 70.00...with good guidance, 80.00 is a lock 1st qtr. call.
Rates coming down, housing market should be robust this summer...2nd earning call, should push COOP to 90.00+... continuing the great momentum, should see 100.00 3rd qtr. and 4th qtr 120.00.
Its time...lets go!
One share traded @ 81.88.
76.61 with a volume surge!
Thank you very much...wondering what the cumulative amount is? Have you been keeping track of that, also??
75.62...its early,hope we end up over 75.00 today!
JWW,do you by chance have the $ amount that COOP has spent buying back shares?
Dp.eom
Why because you were called out for your self perceived greatness?
Now come on, fess up to the board,how many turd stocks have you promoted to your "followers"?
9000 posts...lol...get a life.
What "truth" have you spoken...IRNT? LOL good one!....how many people over the years have you led done the path with your "truth" LOL.
You ride high on your horse....fail to see your own short comings, and they are many.
Oh,and by the way...I don't wear a pink hat.