Mr Cooper Group Inc (COOP)

[nranger]

I am sick of reading posts saying WMIH is the only thing and we should forget about escrow and we're lucky we got anything because 97% of bankruptcies yield nothing.

We DO have WMIH and saying we were lucky to have anything is just a poor way saying we shouldn't be complaining about what we do have, no matter what the reason. And this is an open board - not a place to lure new buyers into buying WMIH. And neither should the corporate web site have that function. It is for the BOD, sales, potential M+A, other corporate PR's, etc to have that responsibility. And because the BOD is totally silent about EVERYTHING the result is extremely low daily volume, uniformed potential buyers and MM"s manipulation in order for them to earn the most money for themselves.
If someone wants to give their opinion - of course that's fine. But do not tell me (or all of us as a collective unit) what this board should or should not focus on.
As I have said - WMIH IS something to worry about IMO.
- We gave half our company to KKR without knowing anything about their agenda.
- There hasn't been a single M&A yet - the 2 year limit has passed.
- The BOD communicates NOTHING at all to us.
- Phone calls (by me) to corporate headquarters have been useless.
- The PPS is now in a free-fall - after being static for over a year. It is (still) at 2013 levels.
- We are still on this crappy exchange, where anything goes.
- We're up 400% if you use an artificially low PPS as the starting point.
- KKR - the merger experts have produced nothing for us - but now we have to wait until 3, not 2, years transpire.
and --
- The BOD does nothing to create informed potential buyers.
- The BOD has their own agenda - at least some of them do
- The BOD has created conditions which enable the MM"s drop the PPS freely.
- There is no news about ANYTHING - about the PA&A, escrow, a business plan, possible potential M+A (they don't have to name names)
Now 2.5 years have past and the PPS is up 400% - if you use an artificially created starting point. The fact that our money has been tied up for 6 years is a loss in itself.
Please, all I want is the right to post on WMIH or escrow or on the politics of it all.