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Re: hotmeat post# 636829

Friday, 10/23/2020 8:40:30 AM

Friday, October 23, 2020 8:40:30 AM

Post# of 730552
Good question. In the last earnings call (see the bottom of my post https://investorshub.advfn.com/boards/read_msg.aspx?message_id=157511537) they said (among other very POSITIVE things)...

Now when we look at the stock price, we concluded that the market is too conservative about the rate at which we'll utilize the DTA



...which (for me) implies they are using the NOLs/DTAs.

Then we should see a reduction and a GREAT profit next Thursday (Q3 numbers).

Your post:

Asking based on my belief/understanding that COOP has not utilized any of it's NOL benefit.



Quote: "For WMIH to qualify for the NOL its capital structure has to be realigned at the consolidated level for which value has to flow to the escrow holders who signed timely releases"


Does this explain why WMIH/COOP did not utilize any of the $6B in NOLS when it should have been able to once the company became profitable???

Could you go a bit further in terms of explaining this scenario?

Genuine question.


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