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Agree with you 100%. Opportunity to make money has been there and is still there. In January 2024 one could have bought COOP at $60-$65 and sold it this week for $95.
KBW raises price target to $96 from $95.
Wedbush raises COOP target pps to $115 from $100.
We got paid $0 so taxes must also be $0.
COOP is now around $75 and it had crashed to $5 when pandemic occurred. One had plenty of opportunity to make money off COOP without having to rely on fantasies about billions coming from JPM.
KBW’s price target is $81.
With $88 price target, Deutsche Bank has initiated coverage of COOP.
Screw escrows??? There are no more escrows. They were already deemed worthless and removed from our accounts.
My impression from the earnings calls is that XOME monetization will take longer than it was originally anticipated. But I agree with you that this stock will see $85. It has been a great stock to hold long term and trade short term to take advantage of dips in pps.
The poster is just happy that COOP is down. Doesn’t realize not too long ago $54 it was $40. As far as old owners are concerned, COOP has nothing to do with them and they won’t get anything.
I have been holding my shares and have added sone more. It already cross $60 after the most recent earnings call. I feel it us only a matter of time when there is a new development involving Xome and it crosses $75.
Of course, they were removed from all accounts. Any way who claims they have escrows don’t know what are talking about.
You forgot to mention escrows, they were deemed worthless and removed from our accounts.
100% correct. If anything comes back, it all goes to COOP. People talk of escrows as if they still have them. Escrows are no more.
This is a theory that hasn’t panned out. AZ used to predict stock price at which money would start raining on those who released. New prediction is $50. Don’t hold your breath.
I am saying there is no evidence that buybacks are helping pps. Due to excellent performance quarter after quarter and acquisitions too, finally the pps is rising near book value.
I wish they would instead issue dividends. There is no clear evidence of buybacks helping the pps. Seems like COOP throwing a lot of money down the drain.
All these dreams of payout are just that, dreams. COOP has no responsibility to old shareholders. Any deals like Xome will only benefit current COOP shareholders.
I owned Q, K, P, H’s and got paid for all of them. The markers etc are all gone from my accounts. It’s over.
Why would COOP care about those that signed releases for Washington Mutual? COOP has nothing to do with those releases.
I agree with you. I have been gradually buying more in anticipation.
Who signed the check? Ed McMahon?
Why cause frustration in hope that people will sell, easier approach is not to distribute at all.
Are you kidding? We already got paid in shares, initial distribution and then some incremental distributions. Why would you get paid anything more at this late stage. Even if by some miracle something else comes back it will go to COOP and only benefit COOP current shareholders, all of them.
My belief
Bucket 1 $0
Bucket 2 $0
The PPS is stuck at $45. It is an opportunity to buy for those who feel we got cheated on the escrows. The management has followed through on all it has said over the years. When market recovers, COOP PPS will be well over $60. So it is a good buy even at current price.
Because there is nothing to tell, nobody to do the telling, and nobody to tell anything to.
What is that supposed to mean? Maintained in a landfill of data never to be looked at again.
And escrows don't exist any more.
But it lost the pps gains it made after the earnings call in a hurry.
No one holds escrows.
They will never tell so the day will never come.
They gambled and lost. They have moved on, so should you.
The recovery already happened. You got WMIH shares, there is nothing more. Now this is the COOP board. If you don't own COOP, there is no reason to be here.
You are right, everything is going according to plan. Unfortunately the plan doesn't include us.
What commons shares? No one owns any anymore.
Barclay's raises price target to $48 from $41.
Why is any of this relevant? Paladin is a Mickey mouse outfit that has nothing to do with COOP..
Neither 2023 nor ever.
JPM won't pay a red cent.
There is no payment coming. Those who provide dates have been proven wrong repeatedly and will simply come up with another date.