Mr Cooper Group Inc (COOP): I voted yes - not that it matters. I...

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Mr Cooper Group Inc (COOP)

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contrarian bull

Re: vermin post# 538713

Friday, 09/21/2018 1:15:18 PM

Friday, September 21, 2018 1:15:18 PM

I voted yes - not that it matters.

I look forward to the reverse split making my shares marginable in my brokerage account, and the expected stock price increase from new buyers coming in that are currently forbidden by their policies from buying stocks priced below $5.00.

We've seen lots of selling since the merger by former Mr Cooper investors because big investors can't margin the current shares, or their investing rules don't allow holding stocks under $5.00. The reverse split should stop and hopefully reverse the price decline caused by those things.

Did everyone vote NO?

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