Mr Cooper Group Inc (COOP)

[BBANBOB]

New
IF IF IF wmih buys back lets say all of the OLD CO SHARES at the same but only in a reversed conversion rate as we got WMIH shares for old WAMU, they will need to issue 1.2 BILL shares plus whatever was exchanged for the P and K preffereds.

With the 320 mill that are out now that should take out TOS shares count to over 1.5-1.7 bill shares outstanding, PLUS any of the shares that MAY be converted need to be added into tht numbers as well

I honestly don't see any way that any would stand still for 240 mill shares @ 1.10 in exchange for the values we feel are out there.

Let's for grins say there is 24 bill in assets left to come here, are you or any here going to except 264 mill in stock for the 24 bill????????????

IMHO the conversion would need to be in the same range as the original one was but IN REVERSE

PEOPLE THERE IS A REASON THEY AUTHORIZED 3.5 bill shares here, GOOGLE only has 900 mill