Sunday, December 09, 2018 11:09:26 AM
Several posters(myself included) keep saying there is a piece of the puzzle missing here for NSM(NYSE) to have allowed themselves to be bought by a POS asset less nasdaq company with only NOL's..............
I believe these posters are correct and that missing piece is WHAT NSM would then be privileged enough to BUY from ""OLD AND COLD"" shareholders here and that is the safe harbored property of WMI, now at the very same time again to gain all of the NOL's and not risk the ones we already have , COOP has to return OLD and COLD LEGACY holders to their original ownership %'s
I know this doesn't set well with some but sorry!!!!!
Run the numbers we held prior % wise then look where we are now and tell me how many MUST BE ISSUED to bring us back to our original position % wise like we were as the OLD AND COLD holders
ANd at this point in TIME they have the VOTES to do what ever they want to do.
Now if any take the time to run the numbers TAKE THE PREFERRED shares OUT of the calculation as I still contend those will just be bought using COOP prefered shares of which we have 10 mill available to use to cover those.
You would only be concerned with COMMON shares and it would save 900 mill original or 75 mill COOP after the 12/1 RS
Remember put your feet in their shoes, what would you do if you could AND HAD THE VOTES TO DO???????????????????
Recent COOP News
- Mr. Cooper Group Inc. to Present at the Barclays Global Financial Services Conference • Business Wire • 09/03/2024 09:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/30/2024 08:17:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 08:31:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/30/2024 08:09:25 PM
- Mr. Cooper Group Inc. Announces Pricing of Offering of $750 Million of Senior Notes • Business Wire • 07/29/2024 08:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/29/2024 08:24:31 PM
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- FLAGSTAR BANK, N.A. ANNOUNCES SALE OF ITS MORTGAGE SERVICING BUSINESS • PR Newswire (US) • 07/25/2024 11:00:00 AM
- Mr. Cooper Group Reports Second Quarter 2024 Results and Announces Acquisition of Mortgage Operations From Flagstar • Business Wire • 07/25/2024 11:00:00 AM
- Mr. Cooper Group Inc. to Discuss Second Quarter 2024 Financial Results on July 25, 2024 • Business Wire • 07/11/2024 08:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 08:07:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:36:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:33:25 PM
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/07/2024 08:22:09 PM
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