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.
I am sincerely baffled as to why COOP is up or even the DOW with all the negative news we have had. GO figure that one out, but is not sustainable in my opinion!!
Have u ever seen a DEAD DUCK in the water!!
Quote:"we are proactively working with government, agency, and financing partners to identify and secure robust financing alternatives"
DILUTION COMING??"
BUY LOW SELL HIGH!! BUY QUALITY STOCKS!!
BUY LOW SELL HIGH!! BUY QUALITY STOCKS!!
Sorry if my comment seem insensitive, I understand what you are saying. Yeah I luckily saved most what I had invested in COOP but I lost a lot of money on Wamu and was hoping I could at least get some of the money I lost there but now Im having my doubts since the powers that be may take this situation to their advantage. I sincerely hope you are right, stay safe...
Lodas I am not spreading fear nor have I ever said to anyone here to buy or sell, everyone should be responsible for their own acts. I am afraid after 11 years I will get nothing but wasted time, luckily I had sold my position on Mr Cooper against my better judgement but now I am glad I did.
Let me tell you something, Warren Buffet just sold Southwest and Delta Airlines stocks at a loss even though they are being backed up by the government. I have a feeling he sees bankruptcy protection filings in the near future. Sure these companies have a lot of debt but these companies were making Billions of dollars prior to the pandemic. COOP does not make billions of dollars in profit like the airlines do and now with the unemployment rate at record highs COOP is gonna be bleeding heavily without any cash infusion. Not even Blue Chip stocks are safe at this point.
So I ask you, Do you think I am overreacting??
What worries me is a possible filing for Bankruptcy!!
LOL Raise your hand if you think her appeal will not get denied!!
Did you listened to her on her last court audio. I felt sorry for her she seemed uncomfortable and under a lot of pressure the judge shut her down, she could not even answer the judge questions in a convincible manner. No wonder AZ says she was sloppy. I still applaud her to go against Rosie and company but she had no business being there. IMO we needed a seasoned lawyer and a class action lawsuit but it is too late for that now. It is what it is!!
I see Alice likes to throw away money probably not even her money but BBob's and company who fund her money burning fire pit. What has she accomplished so far? NADA, ZERO ZILCH!! Why should anyone be exited about her filing?, nothing new. Turn the Page, Bankruptcy is over -No money left- They should of translated that in all languages since some people still fail to understand that....
By the way futures cannot predict or better yet drive the movement of the Dow or Nasdaq up or down, noone can predict the future or what will happen on Monday. Real or fake NEWS!!, that is what drives the market up or down DUHH...
Place your bets Folks!!
I am not an expert but Future contracts do not close on weekends or after 6:00pm on Friday LMFAO!!! Future contracts expire on a predetermined day in the future so they are an ongoing bet on whether you think the market will be up or down in the future... so DOW futures are based on general concensus or sentiment based on those bets or contracts...
LOL Quote:"Gonna be ok just relax.. You're more excited than a popcorn kernel in a hot cast iron skillet."
DOW futures for Monday = - 345. However that does not mean dow will open at - 345. It is just the general concensus determined by how many future contracts are out there at a certain target price.
https://finviz.com/futures.ashx
Wrong again!, you are overthinking it. If you look at the chart we just broke a resistance point from june 6 last year @ $6.56. You are just seeing a classic dead cat bounce but make no mistake the momentum is going down hill. Mark this Post!!
If you look at the chart COOP is below its exponential moving average and RSI still shows fair value and not overbought at all which suggests it will keep dropping in price.
POOPQ by May?? June or July??
If POOP goes down in flames not sure how escrow will play out if WAMU riches get buried on someone else's desk and forgotten. This corona virus situation might have been the best opportunity for BIG players to get rid of RETAIL once and for all...
Uncertainty noone knows were the bottom is, very risky to be buying now I'm gonna wait but you go ahead knock yourself out!!
Told u this stock will get shorted...
Lodas I feel bad for ya if u bought this morning!!
Does anyone think COOP will go bankrupt??
https://www.marketwatch.com/tools/screener?exchange=Nasdaq&report=LargestPercentLossReport
COOP just made the list on Market Watch for NASDAQ largest % Price Lost.
I called it $3 to $4 givemme some credit...
Im holding and staying in cash again the market going into RED. Be careful don't get caught in the blood bath....
Stupid question, Do you think Jay Bray will do another 1:12 dilution to make the price more attractive for investors after this CARNAGE passes and will the institutional investors bite this time around??.....
Actually the lower the price the more scary it gets to hold POOP I bet too many sharks watching this stock and maybe thinking how they can screw retail..
You guys need to read between the lines Bloomberg or no Bloomberg Unemployment is going to keep rising and over 6M already. People are missing payments because they have no jobs. Do you think homeowners will be able to pay a lum sum for the missed payments 3 or 6 months down the line without having a job. Use your brain, mortgage lenders will be in dire straits soon since they will not be receiving much needed liquidity from their borrowers. All the bank can do is help them or foreclose the property trust me that is not gonna help Mr Cooper in the short term. Jay Bray greediness and insensibility will cost them dearly if they do not let people pay that at the end of the loan repayment term or at least let them make partial payments. Either way Mr Cooper share price is doomed to keep falling...
Im very surprised COOP has not being heavily shorted yet..
Good play T's we got to play this market on the way up. Likewise stay safe...
Told u I see this in the $3 to $4 range soon...
I envisioned WalRat Hosie and Suckman laughing at the expense of retail!!
I hate being right all the time... except when Im making money
LOL, not a chance !!
Quote: "Fantasy is over" I am quite fine with that but there has to be some closure first and foremost they should CANCEL our escrow markers, then I will be satisfied and be able to say it is OVER!!
Eliminate those escrow markers from our accounts so we can stop dreaming....
I think the mortgage lenders will let customers miss a few monthly payments due to the corona virus.
Man I have made more money in the last 3 trading days than I have made in COOP for the last 5 years...
I know it is very hard to get physical gold and silver will be next, I'm trying to get my hands on some silver dollars and hoard them for posterity. Gold will go above $2k shortly...
Well at least COOP is going up even though at turtle speed..
Bernie Sanders screwed up my gains yesterday at market close by opposing the Bill what an %$&@# so I took a risk and stayed in the market cause I did not want to lose some of my gains. I am very lucky the high unemployment rate was already factored in the market...
Think I am gonna take my profits this afternoon I am afraid DOW might tank tomorrow on unemployment rate announcement...