Mr Cooper Group Inc (COOP)

[lodas]

simply put, there are only two ways for a stock to make money, either go up, or down, and depending on which side of the trade you are on, short or long, you will make money...so, what does it say when the MM, desk traders, short hedge funds keep the price from moving either way?.. it says accumulation by them...Wall street is real savvy about the merchandise they sell, if the stock is a dog headed for BK, they will sell it quickly, and not waste 10 years dawdling back and forth all day long... if the stock is a winner, they will accumulate it first, then sell it to make a profit...IN NO WAY, will MM launch a rally when they are short, simply because Retail will dump shares on them... as of the last reporting period, short sellers are covering, and do not expect any appreciable rise in price until they satisfy their short positions and have GONE LONG again, possibly to sell to retail. (wash, rinse ,repeat) again... so, use this time when they are covering, and the price is low to add to your holdings...remember the .61 cent lows ?..they were covering, and going long for the next feeding cycle, which the brought the stock to 1.60, then went short again...hold your nose and buy, you will be rewarded with the next runnup in price...as they say,,,buy low, sell high...just my thoughts... Lodas