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.
Greedy, The best time to Sell a covered call is when the pps raises.
The best time to sell to open a PUT option is when the pps is low.
Since Selling a Option has time decay the best time frame is working about 45 days out from expiration when selling a option.
Many Brokerage companies do not let you sell a call option unless you already own the stock and you use those shares as a covered call. This is great way to collect a dividend like $$ monthly.
Also if you sell to open a Put option, which is what I like, you must have the funds in your account to buy those shares if your option is assigned.
Greedy G, IMO you should never buy options unless you have inside info on the pps should move above your strike price. SELL OPTION FIRST AND BUY BACK FOR $. I always ether Sell (covered) Calls but make more by Selling to Open Put option.
Options are decaying assets with time value. Example, why would I want to buy IDEX today at 2.18 when I can sell to open a Oct. 2.50 put and collect .45 cash now. If IDEX is not above the $2.50 strike price I will be assigned but my cost after collecting the .45 today is $2.05.
As we get closer to the option expiration date the time value goes away so it is vary easy to buy back those options you sold at a profit.
You are wasting too much $$ with your short term buying to open Call options - but just my opinion.
The CC was after trading hours at 4:30 pm so no sell off after CC.
Conference Call: Ideanomics' management, including Alf Poor (Chief Executive Officer), Conor McCarthy (Chief Financial Officer), Kristen Helsel (Chief Revenue Officer) and Tony Sklar (SVP of Investor Relations), will host live an earnings release conference call at 4:30 pm ET, Monday, August 16, 2021.
IDEX 2nd. quarter earning where good - not sure why the pull back today but we should see a positive rise next few days. This is Option expiration week on Friday the 20th so I am expecting they will pin the pps close to the $2.50 pps at the close Friday. IMO
Ideanomics Second Quarter 2021 Operating Results
Revenue for the quarter was $33.2 million which represents the sixth consecutive quarter of growth demonstrating the increasing strength of Ideanomics' business. This quarter includes the first revenues from US Hybrid and Solectrac. Both of these businesses were acquired late in the second quarter and consequently their financial results are only included from the date of acquisition. Revenue from Electric Vehicles was $6.1 million up from $0.7 million in the second quarter of 2020. Revenue from charging, batteries and powertrains was $2.7 million, there were no revenues in this category in the corresponding quarter in 2020.
Gross Profit
Gross profit for the second quarter was $9.3 million which represented a Gross Margin of 28%. Gross profit for the second quarter of 2020 was $0.3 million.
lodas, it is interesting at the open I wrote or sold 20 contracts of $35 Aug 20th Call options but E*TRADE show no volume recorded today as of yet.
I collected $1.60 per share and if the pps is above $35 on expiration they will be exercised away and with the cash I plan to write (SELL) STO Sept. PUT to collect more $$ to get them back.
I added at 1.25 going up now
RD, I have the same concerns - that AG has a powerful team most likely JPM that is helping in any litigation appeals to delay this process.
We know that JPM did receive servicing rights and any delays is extra money. If it would ever get exposed that AG has been played by JPM it IMO would be damaging to both AG and JPM. My hope is we will see some 8K end of month that may help explain the end game plan.
Lets put AG and JPM under oath of full disclosure as to any assistance AG may be getting from any party.
Hi Royal big Dude, as you stated
Mr. Cooper COOP 2nd quarter ends June 30 and I feel they NEED to clear up many thing that have not been SEC reported. I am expecting a 8K that should spell out how any WMI -Estate legacy assets that has been under their management or about to be given ownership to will flow.
Also the LT didn't want to respond to the SDNY court summons and start all over again with a new court case. They needed to stop AG from any future litigation and added cost.
Will there be a cash distributions from retained earning? Will there be a share 4 value? The emergency motion was all about stopping any future litigation so the Plan of any possible legacy assets can flow. It should be a great day for many of us. IMO
I know some feel any share distribution that may appear to be a Change in Ownership can not take place till Aug. 1st. I feel they have already received a clear to go from IRS over a year ago - so IMO any share 4 value can take place at any time but most likely will come in a 8-K end of quarter.
Also Welcome back Ron, I have always loved your DD and great posts- hopefully we should all be happy soon!
JB3136, it seems clear Natiostar / COOP was servicing WMI ABS / MBS and all COOP shareholders benefitted in the servicing fee they collected.
It is the retained interest they have also collected that I feel was collected for the WMI Estate and legacy holders that I hope comes only to legacy holders.
cents2ks, yes many years ago their "Nationstar" web site had a investor tab and from memory it had a ABS/MBS link that you needed a login and could gain access if you where a large investor.
I did find it interesting when I found pages that all appears as Washington Mutual ABS/MBS that where being serviced by "Nationstar"
The pages of info was both interesting and confusing for me at the time but provided things like unpaid Principal, interest being collected, % that was in default and other items I wish I could have made a copy of.
From memory I had to apply like a application to get UN and Password to login and it only worked for about 4 days than I was restricted. I do feel
"Nationstar" and now COOP has been servicing those possible off book remote WMI assets for many years and are not getting reported in their SEC reports
Samuraiprogrammer, You stated something in your post today that I wish to respond to:
SP, Thanks for your optimistic take - I will remain in AZ's camp that someday $$ will come.
Did anyone listen to the hearing that was able to hear what Deekshant Lumar stated as I was cut off and it seems the court did not want others to hear. It went on a long time.
I have been listening to the hearing and some of what I heard:
from what Rosen, JMW and others keep stating is:
- There will be no more distributions to any Escrow, Legacy holders
- BR also stated he does not know of any ABS/MBS that will go to Mr. Cooper and so no share for value should go to any Legacy holders.
- I wished AG would have made it clear that many holders believed the ABS/MBS all bypassed outside of the BK and it is those possible assets that could get distributed.
- It sure sounds to me that the Trust has no knowledge of any assets
- Judge did approve Sanction against AG and sounds like the Sanction will bar AG from any future litigation against the Trust or Mr. Cooper. Also looks like the Sanctions will impose a $$$ cost against AG so not a good day for her.
- There was a Deekshant Lumar that is speaking, and they silenced him for many of us so not sure what he is stating but seeing reactions on many faces I would have loved to hear that as it is going on a long time
- The meeting appeared to be going on when it ended abruptly for me, and I could not get back in – did others have this issue? It was when a Deekshant Lumar was still speaking.
I have been hopeful of some future share for value or cash but BR, MW and others made it clear that legacy holders will not see any???
AZCowboy or others that may have listen to hearing what is your take?
Large Green, per AG updated complaint she was told the LT was dissolved.
IMO, the LT dissolved in hope of closing this ASAP as they could feel the heat. If in fact they did file emergency request to open the Bankruptcy they must feel it is only way to get this settled and I am sure the judge MW will not be happy.
BBob, it will be interesting if the WMI-LT is forced to reopen the BK as they have spent all funds held for litigation.
IMO, the Managers of the LT - Trustee will be forced to pay for any cost as it was their screw up. If Rosen gets involved he will not be getting his $1200 per hour fee.
This will put COOP in the news in a negative way and I expect will effect short term pps.
SamuraiProgrammer - I agee AG law suit is a slap in the face for anyone owning just class 22 - she should go back to law school.
The assets we are all waiting for are bankrupt remote, held in Safe Harbor and not part of any 75%/25% distribution.
I now feel she may be working for someone else interests that wish any distribution delayed - plus what she wants is to get paid for her work - where is that money going to come from the LT most likely has spent most of it.
I sure hope this does not cause more delay
BBanBob, the issue many have here is there a intent to delay?
IF as you stated:
Hi AZCowboy, The Time-line for the parent Corporate Structure to be corrected? The date of July 31, 2021 has come up as the date a possible change in ownership can take place to preserve our NOL. Do you feel we will need to wait till after July 31 to see any restructuring that will effect WMI Equity holders?
We will see COOP earning on Thursday 29 - sure would be nice to get some update from COOP management, but I don't feel it is coming - yet.
Lodas, I just got .75 for the May $35.00 covered Call Option.
aquaspin, not sure why you are pumping MYRX and think they could be a good merge with COOP. They are a shit company looks like they have not reported sales in years. MYRX should not trading at .05 they should be at .01 or less. Do you even own COOP?
Lodas, I would put an order to buy them back pocket the profit and do it again.
Spot-on- There has been lots of selling pressure but still more buys than sales yet they control the pps.
https://ih.advfn.com/stock-market/NASDAQ/ideanomics-IDEX/trades
Most of the secondary offerings and merger offering for stock have been in the #2.00 - 2.25 area so there could be some selling from that.
I noticed a large amount of $2.50 and 3.00 call Option interest so this will turn around fast. - soon
My take on current pps of IDEX. Tomorrow April 16th is Option expiration date. The big boys make their money play Options and manipulate the PPS to help make $$.
They have brought the pps now down close to $2.50 to kill the premium in many of their option strike prices. IMO, we will see a large move up to close to $3.00 tomorrow to kill that Premium before expiration.
Today is a great day to add IDEX or Sell to Open the May $2.50 PUT - all IMO.
you are along4zride, but it is going the wrong direction for you.
I think we all feel KKR, the BOD’s and COOP managers are hiding from public info our WMIH legacy assets, which they have possible used them for their benefits and certainly have traded COOP shares with this non-public inside information.
BUT HOW ARE THEY HIDDING THESE THAT MAY BE CONSIDERED LEGAL?
I feel it could be as simple as these assets – retained interest, any managed Trusts are all considered = "Unconsolidated Subsidiary" This is a tricky but legal way to keep hidden assets off your books.
If there is a payment waiting for these assets it would be considered a Liability someone wants to keep off their consolidated report. So, if they pushed these certain bankruptcy remote liabilities, legally off the current COOP books as "Unconsolidated Subsidiaries", then WMIH/COOP looks much healthier as an ongoing enterprise. (Assuming 3rd party trustees haven't disbursed 12 years accumulated interest yet, as our DTC markers are still valued at zero today.) IS THERE SOME FUNDGE WITHIN THE CUREENT 10k OR AT LEAST A LACK OF DISCLOSURE? – IMO YES!
Where Is ?, or What Happened to all those legacy assets? ... It is possible that the answer is simply it is considered a "Unconsolidated Subsidiary" and not included in the 2020 Consolidated 10K report.
Bizreader, RE: Levi and Korsinsky LLP is preparing a letter to Mr. Cooper management
Most Class action such as this are a waste of time as legal counsel gets most if anything and shareholders get pennies and then lose again as the stock drops because of their class action.
This class action is very narrowly focused and what is not in the current Proxy. I call them and quizzed them about being just focused on what was not disclosed. Their answer was vague almost like they didn't know what they were looking for. I am not pro COOP management as I have written many complaint letter to management and BOD's but feel it is a waist of time.
Companies have a lot of flex on what they provide or not provide and most likely they are following SEC rules but on the border line.
AZCowboy, as always great post and DD. I have read other posts that this delay could be tied to a 3 year period for a ownership change to preserve the NOL. I believe that date was July 31, 2021.
We can still get any cash interest before that date but no share structure change - that would cause a change in ownership. Do you feel this July 31st date is correct for any share structure change? IMO, any forward split would not cause a change in ownership - it would have to be a Shares for Value exchange, which IMO I do not feel that is in the game plan. Your thought?
Happy Easter all!
woodstock, No - As I feel the company is on course but one can always write their own complaint. Most important is how you do it and who it gets addressed to. To do it right it is time consuming and must be what you feel is FACTS. a poorly worded letter would not be helpful and most likely just piss them off.
Planet Paprika, also thanks for all of your work. I never have a issue in sending a complaint letter to anyone and over these years have sent many including over 50 Objections on Professional fees during the BK case.
I have learned that in writing or filing a complaint always send a CC to higher authorities such as SEC. I did receive response from Mr. Esquivel, Customer Relation & Regulatory complain specialist in my complaint which I felt he needed to address this as he also CC the SEC in that letter. He basically just blow off my complaint as not being relevant and would be dismissed. BUT IT IS ON RECORD.
WHAT IS ARTICLE VIII?? BASICLY IT IS ABUSE OF POWER BY A DIRECTOR - KKR?
ARTICLE VIII
INDEMNIFICATION/ADVANCEMENT OF EXPENSES
8.1 Nature of Indemnity. Each person who was or is made a party or is threatened to be made a party to or is involved (including, without limitation, as a witness) in any actual or threatened action, suit or proceeding, whether civil, criminal, administrative or investigative (hereinafter, a “proceeding”), by reason of the fact that such person is or was a director or officer of the Corporation or is or was serving at the request of the Corporation as a director or officer of another corporation or of a partnership, limited liability company, joint venture, trust or other enterprise, including, without limitation, service with respect to an employee benefit plan (hereinafter, an “Indemnitee”), whether the basis of such proceeding is alleged action in an official capacity as a director or officer or in any other capacity while so serving, shall be indemnified and held harmless by the Corporation to the full extent permitted by the DGCL, as the same exists or may hereafter be amended, or by other applicable law as then in effect, against all expense, liability and loss (including, without limitation, attorneys’ fees, costs and charges, judgments, fines, excise taxes or penalties under the Employee Retirement Income Security Act of 1974, as amended from time to time (“ERISA”), penalties and amounts paid or to be paid in settlement) actually and reasonably incurred or suffered by such Indemnitee in connection therewith; provided, however, that except as provided in Section 8.3 of this Article VIII with respect to proceedings to enforce rights to indemnification, the Corporation shall indemnify any such Indemnitee in connection with a proceeding (or part thereof) initiated by such Indemnitee only if such proceeding (or part thereof) was authorized by the Board. Each person who is or was serving as a director or officer of a majority-owned subsidiary of the Corporation shall be deemed to be serving, or have served, at the request of the Corporation.
8.2 Advances for Expenses. Reasonable expenses (including, without limitation, attorneys’ fees, costs and charges) incurred by an Indemnitee in defending a proceeding shall be paid by the Corporation in advance of the final disposition of such proceeding upon receipt of (a) a written affirmation of the director’s good faith belief that the director has met the standard of conduct described in Section 145 of the DGCL, and (b) an undertaking by or on behalf an Indemnitee to repay all amounts so advanced in the event that it shall ultimately be determined by final judicial decision from which there is no further right to appeal that such Indemnitee is not entitled to be indemnified by the Corporation as authorized in this Article VIII. The Board may, upon approval of such Indemnitee, authorize the Corporation’s counsel to represent such person in any proceeding, whether or not the Corporation is a party to such proceeding.
8.3 Procedure for Indemnification and Advancement. Any indemnification or advance of expenses (including, without limitation, attorney’s fees, costs and charges) under this Article VIII shall be made promptly, and in any event within 60 days, or, in the case of a claim for an advancement of expenses, within 20 days, upon the written request of an Indemnitee (and, in the case of advance of expenses, receipt of a written undertaking by or on behalf of such Indemnitee to repay such amount if it shall ultimately be determined that such Indemnitee is not entitled to be indemnified therefor pursuant to the terms of this Article VIII). The right to indemnification or advancement as granted by this Article VIII shall be enforceable by such Indemnitee in any court of competent jurisdiction, if the Corporation denies such request, in whole or in part, or if no disposition thereof is made within 60 days (or 20 days with respect to advancement of expenses). Such Indemnitee’s costs and expenses incurred in connection with successfully establishing such Indemnitiee’s right to indemnification or advancement, in whole or in part, in any such action shall also be indemnified by the Corporation to the fullest extent permitted by law. It shall be a defense to any such action (other than an action brought to enforce a claim for the advance of expenses (including, without limitation, attorney’s fees, costs and charges) under this Article
27
VIII where the required affirmation and undertaking, if any, has been received by the Corporation) that the claimant has not met the standard of conduct set forth in the DGCL, as the same exists or hereafter may be amended, but the burden of proving such defense shall be on the Corporation. Neither the failure of the Corporation (including its directors who are not parties to such action, a committee of such directors, independent legal counsel or its stockholders) to have made a determination prior to the commencement of such action that indemnification of the claimant is proper in the circumstances because the claimant has met the applicable standard of conduct set forth in the DGCL, as the same exists or hereafter may be amended, nor the fact that there has been an actual determination by the Corporation (including its directors who are not parties to such action, a committee of such directors, independent legal counsel or its stockholders) that the claimant has not met such applicable standard of conduct, shall be a defense to the action or create a presumption that the claimant has not met the applicable standard of conduct.
8.4 Other Rights; Continuation of Right to Indemnification. The indemnification and advancement of expenses provided by this Article VIII shall not be deemed exclusive of any other rights to which a person seeking indemnification or advancement of expenses may be entitled under any law (common or statutory), bylaw, agreement, vote of stockholders or directors or otherwise, both as to action in such person’s official capacity and as to action in another capacity while holding office or while employed by or acting as agent for the Corporation, and shall continue as to a person who has ceased to be a director or officer, and shall inure to the benefit of the estate, heirs, executors and administers of such person. All rights to indemnification and advancement of expenses under this Article VIII shall be deemed to be a contract between the Corporation and each Indemnitee. Any repeal or modification of this Article VIII or any repeal or modification of relevant provisions of the DGCL or any other applicable laws shall not in any way diminish any rights to indemnification or to advancement of expenses of such Indemnitee or the obligations of the Corporation arising hereunder with respect to any proceeding arising out of, or relating to, any actions, transactions or facts occurring prior to the final adoption of such repeal or modification.
8.5 Insurance. The Corporation shall have power to purchase and maintain insurance on behalf of any person who is or was a director or officer of the Corporation, or is or was serving at the request of the Corporation as a director or officer of another corporation, partnership, limited liability company, joint venture, trust or other enterprise (including, without limitation, with respect to an employee benefit plan), against any liability asserted against them and incurred by such person or on such person’s behalf in any such capacity, or arising out of such person’s status as such, whether or not the Corporation would have the power to indemnify such person against such liability under the provisions of this Article VIII; provided, however, that such insurance is available on acceptable terms, which determination shall be made by a vote of a majority of the Board.
8.6 Savings Clause. If this Article VIII or any portion hereof shall be invalidated on any ground by any court of competent jurisdiction, then the Corporation shall nevertheless indemnify each person entitled to indemnification under the first paragraph of this Article VIII as to all expense, liability and loss (including, without limitation, attorneys’ fees, costs and charges, fines, ERISA excise taxes and penalties, penalties and amounts paid or to be paid in settlement) actually and reasonably incurred or suffered by such person and for which indemnification is available to such person pursuant to this Article VIII to the full extent permitted by any applicable portion of this Article VIII that shall not have been invalidated and to the full extent permitted by applicable law.
AZCowboy, For the record I filed a complain against KKR on 1/4/2021 both in email and letters to many including their legal Compliance officer with CC to SEC and FINRA. My complaint was long but just part of it was:
Not sure if this woke up the BOD's on these possible Article VIII Allowances
MY NEW CONCERNS: in part written on 1/4/21
- COOP Management has allowed KKR and other large insiders to continue Manipulate the pps of COOP for years for the greed of all those involved. Much of the manipulation has benefited insiders with info unknown to COOP investors, and top managers sold stock after the KKR forced R/S and then awarded themselves large performance options in the $7-9.00 with their insider info.
- There appears to have been 2 large insiders that the BOD’s gave Special Allowances of the MAX Percentage ownership of WMIH / COOP Ownership, Exceeding the (4.75%) Limits. These insiders used their positions to help manipulate and force Managers to work backdoor agreement that only benefited those insiders with their info.
- KKR with 3 BOD’s used insider info and traded to their benefit. KKR force two private right offering that diluted other shareholder interest, forced a 12:1 R/S through a loan deal and used it all to dilute existing shareholders and manipulated with short selling after the R/S for both insider managers and KKR personal greed!
- It is from my deep understanding of WMI Holding Cop. Assets held off book, Safe Harbor and outside of the WMI bankruptcy that draws more concerns with those large insiders such as KKR that have kept most of what they know not allowed to get SEC filed for all shareholders. For Example:
- Even before the dilutionary 2nd right offering with KKR those insiders understood that a huge amount of asset where transferred to WMIH held in Safe Harbor. Additionally, is there has been NO disclosure of the current Parent of Mr. Cooper Group. Starting in 2020 (WMIH – Corp ) became the new Parent company of Mr. Cooper along with a large amount of assets in there holding.
- With the KKR rights offering they received special “A” and “B” preferred shares, which required them receiving their coupon and Fees Paid. From information it is my opinion that those Coupon payments came from the interest that was being accumulated from WMI “P” Preferred Positive Earned interest – that interest which is owned to WMI “P” Preferred was getting illegally sucked away! Yes, WMI’s preferred Interest Earnings have been used to pay the WMIH Issued “A” and “B” Preferred costs and Coupons.
- Along with many insiders deals those big players and COOP managers covered this info and used it to help manipulate COOP for their personal benefits.
- I AM SENDING A COPY OF MY CONCERNS TO JAY BRAY, CFO MARSHALL, CHIEF LEGAL OFFICER, AND ALL BOD’S FOR THEIR REVIEW: I WILL SUPPLY COPIES TO SEC. AND FINRA FOR THEIR REVIEW.
Split T, I addition to that sale of Title 365 if I read it correctly COOP retained a 10% holder of Title 365 so IMO we will share some business interest between the companies. Yes I agree Zome and COOP did a great deal that will benefit both. Now lets buy out OCN?
WAMUSHAMU RE:
LG, The issue the LT has to extend is they are close to being without funding. They have already sucked as much as they could and had planned to give any small amount to charity.
SO, WHERE WILL THEY GET ANY FUNDING THAT THEY CAN SUCK FROM?
The DTCC just published a “new” SEC Regulatory Rule RE: Short Selling and reporting. I hope this is first step in cleaning up Wall Street manipulation
https://www.reddit.com/r/GME/comments/m793h7/new_dtcc_rule_just_passed_in_effect_immediatly/
I do not feel FDIC is holding, or has ever had control of the majority of WMI assets as they where mostly under independent Trusts and not part of the receivership or reorganization WMI
Those WMB Bonds where a debt obligation of the Bank and could be still in litigation between JPM and FDIC. When I had a contact at FDIC over a year ago I was told they are part of a heated litigation on who needs to pay.
IMO I feel JPM will need to pay up.
AZ, yes it will be good to see when WMI-LT closed the doors.
My email condolence letter to 'wmitrust@kccllc.com' & 'chad.smith@wamuinc.net'
Dear Sirs:
I understand WMI-LT will dissolve end of this month-this is great news! . I also understand the LT never had legal control or position of the many off-book assets of WMI as they where managed by independent Trusts and where never a part of the CH. 11 reorganization. I also understand: More facts:
From JPM 8K
"Importantly, we did not acquire the assets or liabilities
of the bank’s holding company or assume the $14
billion of senior unsecured debt and subordinated
debt of Washington Mutual’s banks." Other 8K from JPM and FDIC reports =
'Excludes WAMU with total assets of $299 billion and zero estimated losses to the DIF'
JPM year ending 2014 10K reported R-203...... (Off Balance Sheet 165 Billion) report, and list it as considered assets of the former WaMu Estate.
http://www.secinfo.com/dJ5e.m8v.b.hem
It is JPMCB’s position that certain of the repurchase obligations of Washington Mutual Bank remain with the FDIC receivership.
JPM however did service many of the ABS / MBS for the benefit of the Estate and FDIC and JPM is not released from any Liabilities until they complete their part of the GSA.
I also understand and have researched the Independent Trusts that have been setup at the DTC for the benefit of Estate Escrow holders.
?? Who is holding up the distribution of those off-book, Legal isolated assets – all never a part of the reorganized or managed by WMI-LT – when can we expect a distribution? Or is it out of the control of WMI-LT? I understand Chad Smith has been the manager along with Doreen overseeing those Estate Trust assets – not sure who or why Mr. Smith was paid 2.5 million is bonus – possible a coverup and shut your mouth payment – who approved that?
I and many others sure want this to end and have FDIC and JPM complete their part of the GSA and finally make distribution to Estate Escrow holders. Additional note: I do have proof of Estate assets waiting distribution through the DTC so please stop saying there will be no distribution - just close the door and turn off the lights as you have already waisted too much of the estate assets.
Sincerely
Almost over? - from http://www.wmitrust.com/wmitrust
Date Published 2/1/21
. When do you expect to dissolve the Trust?
Absent the initiation of any post-case closure litigation, the Trust’s Administrators expect to dissolve the Trust no later than March 2021.
IT WILL BE A HAPPY DAY TO SEE WMI-LT IS GONE - DISOLVED!
IF ANYONE WISHES TO SAY GOODBY TO THE LT YOU CAN EMAIL YOUR CONDOLENSES TO:
emailing - wmitrust@kccllc.com
split T, that is just one reason Wall Street is so corrupt. Almost all large Hedge funds and companies like JPM use and pays Analysts to do their pump and dump for their greed. They use and pay analysts to help them move a stock in the direction for their benefits. It is something SEC should review but will not.
I have learned to not trust what analysts state about a company, but do look who owns or pays for those analysts. I do remember when Kevin Barker of Piper Sandler put out a $7 down grade / strong sell on COOP - I would bet Blackrock and Vanguard shorted COOP right before that down grade.