Mr Cooper Group Inc (COOP): The selling here is escrow based. >&...

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Mr Cooper Group Inc (COOP)

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Boris the Spider

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Boris the Spider

Re: None

Wednesday, 04/27/2016 12:10:28 PM

Wednesday, April 27, 2016 12:10:28 PM

The selling here is escrow based.
>>Retailers are afraid that there may be a distribution to escrow holders on May 1 that will create some selling pressure on profit taking, thus the selling we are now seeing.<< ****This is dumb IMO. I expect that IF there is a distribution, and I said IF, that there will be additional news to bolster the share price. The BOD may be incompetent but they are not stupid.
Lets see what happens. something may finally be coming to a head.

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