~ Kick It "COOP", $27.00 (ish') and Apply A Decent P/E Multiplier ~
... 4th Quarter 2020 ... The "Real Estate Investment Trusts", need to unload their accumulated funding held' ever since', as well as their individual 2020 full years profit (the cases ended in 2019') ... I'm referencing of course the applied REIT' IRS 90% Rule' ...
and ? they will need to do so, distribute their year end profits, every year until each individual Trust is completed' ...
... WE' move into 2021 "CLEAN" ...
~ Know What You Own ~
As WE' finally watch "COOP" moving forward (the "Tell"), Yes you are correct, the "delay" "delay" delay" you speak of may have been shorter or may not have', ... None Of Us' have ever had any control over any of those tactics' ... Besides, in my opinion, the obvious "Delay(s)" also gave life to unnecessary and disruptive presentations, pipe dreams, discouragement, irrelevant issues, etc. ... all meaningless'
... BUT ?' ... with all of the passing time, one thing has always been certain', the BK segregated interest earned, by WMI Holding Company', segregated functioning "Trusts", has continued to accumulated' ... NO MONEY has ever been relinquished or lost', NOT ONE PENNY' ...
Do you remember this ? ~ Understand Plan 6 "Participate" in Plan 7 ~ ... ? ...
... Okay So, with the approval of Plan 7', ... the WMI reorganized company, now currently, WMIH-Corp., using its 2018 "acquired", servicing subsidiary (the)*Mr Cooper Group as the "Registrant", was initially given to anyone that held WMI' P, K, or Common Shares' ... PLUS for your release you were also given your DTC ESC Cusips' ...
So, here WE' are to the present tense' ... the BK's are completed as of 12/20/2019, and the WMI-LT has completed its Court Ordered Functions ... ALL OF THAT IS DONE' ... OVER' ...
"Turn The Page"
Now is the time to focus on the New PARENT' Company' ... WMIH-Corp ...
Using the most recent data, as of July 24th, 2020, reporting 92,021,981 shares out', When COOP(s) pps hits $27.3005 (ish LOL'), that is when WE' are Plan 6' once again, and WE' will move forward from there' ... anyone or any institution that wanted to "Participate" in Plan 7', needed to scramble up as many "P"s, "K"s, or "UQ's" during the first quarter of 2012' ... Plan 6 had been denied and there was no simple buy in with the attempt to eliminate the equity classes, all of that failed' ...
This is why you see such a large percentage of institutional ownership', ...
Anyway, ... Focus on the SEC submissions, NOT on any Press Releases' ... and ~ Watch The NewCo COOP, It Is The "Tell" ~
