Mr Cooper Group Inc (COOP)

[jerrylev]

Anybody who knows a little bit of physics knows the law of conservation of energy, i.e. what you get out of a machine is equal or less than what you put in because of the inefficiency of the machine. For instance you will never have a machine that runs solely on water or air alone. If you want hydrogen out of water, you have to put in electricity which is energy.

So why is this related to us?

It is related because of all the theories that say that we will print more WMIH shares to pay for our estate assets, So if WMIH pays fair value for the assets with its stock then the net gain will be ZERO. More dilution + more income = ZERO.

The only time when it is positive net gain is if WMIH underpays the Estate assets, i.e. buying them cheap. Which means that our assets are sold cheaply to WMIH, a public company.

Do we want this?