Mr Cooper Group Inc (COOP)

[Yanik]

well the day to day pps should matter not to a long holder as once the material event occurs and the merger is done we will get quarterly earnings statements along with earnings multiples put on the stock with all the assets and future earnings potential etc.

Most stocks trade at these multiples beyond book value based on future eps and other things factored in.

We all know that the stock has been heavily controlled/shorted since the BK up until now and I see no reason for them to stop. In fact I bet they will game the system further in order to cover over time or quickly as to limit potential losses/ book gains.

So unless you are day trading then the manipulation in either direction does not matter much to long holders because eventually the combined company and its detailed earnings statements/public filings coupled with assets like NOL utilization will dictate the pps true value going forward and at that time a real multiple on the stock will go in effect. Just my humble opinion of course.

So I think I will be fine hitching my wagon to all these other large funds and institutions. They are not in this for a quick few bucks, but rather what the company will grow into with future earnings having a nice tax shelter and plenty of room for exponential growth over time which in turn will bring "value" to its shareholders.

in my opinion of course.