Mr Cooper Group Inc (COOP)

[mypenneys]

Write a letter to the judge let her know this reverse split was intended to drive retail out of this stock. As you may have noticed the large block trades are not retail so a reverse split will not hurt them. So if you had 5,000 shares you now have 416 shares. So now your stuck and can’t make any money selling a .10 cent move while they can. Like I said this move is meant to hurt retail. They didn’t need to do this big a reverse split. I would think a 4 or 5 to one would be ok. But not 12 to 1 They have 6 Billion in write Offs and a 15 percent tax cap. They will make plenty of money. My question is for who. Remember you got 1 crap share for 29 WAMU and now that 1 crap share just got divided by 12 = .08333 share