Mr Cooper Group Inc (COOP)

[nranger]

This is probably one of the most important posts I've read here in a long time. Once again WMIH is forced to do something, or nothing gets done. They had to do a merger or return the 600M. Now they have to raise the PPS to $4.00 or the merger fails.
How are they ever going to raise the PPS to 4.00 in 6 weeks? And from what I've read it seems like some NSM investors wished this merger never happened. I guess the big players know what they're doing, but to me this whole process is very stressful and it only makes me worry. Fortunately, a reverse split cannot be done or we'd all be doomed.
Thank you for this post.

"If it doesn't then there is no merger unless NSM would waive this condition. Given that it takes 6 weeks for this process, and the merger agreement gives WMIH 90 days to do so, it is logically to assume something is going to cause the price to rise to $4.00. And per the merger agreement a reverse split cannot be done to get to the $4.00.