AZ, Actually *Mr Cooper Groups’ Fundamentals HAVE Changed ~ for the better. COOP =https://www.finviz.com/quote.ashx?t=coop shows a strong buy with P/E of 2.97 and EPS next year $2.72 so it shows a strong buy.
So what could be holding up our expected money movement?
We know WMB Bond holders have not been paid - an obligation of JPMC and FDIC WHY? do they not have the money? - I don't think so
Could it be the parties are waiting for end of quarter earnings on March 31? IMO that is possible as COOP could use any NOL for the quarter before turning over the released to JPM and FDIC
other possibilities could be waiting for ruling on AG appeal. Do the boys think they need to wait till after that ruling before money gets released?
AZ, can you think of any other good reasons we have been put in this Holding pattern?? It sure would be a great time for money to move to us!!!