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Posts | 1073 |
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Alias Born | 10/01/2009 |
Friday, January 08, 2021 10:40:54 AM
While it is true that nothing said here by anyone can change what the reality is, it has been a great learning experience to follow your documentation and logic.
Furthermore, it is heartening to get information that helps keep the doubts away. The truth is that my holding on this position is positive just with the COOP stock performance. It is not nearly as profitable as I would like but, in the bottom line analysis, I am OK.
The real reason I am emotionally invested in this (and I suspect as are others) has to do with being on the side of 'right'. Going way back, many of us believe the bank was seized without justification. Oh sure, there were 'reasons', but if the OTC documentation is to be believed, it was not appropriate for WMB to be taken down. Furthermore, if the scuttlebutt about JPMC Bank that came out a few years later is true, it starts to look like WMB was sacrificed on the altar of capitalism to save JPMC.
Today, the financial return doesn't matter as much. I'm retired and while (if it comes - and I think it will) it will change my standard of living, it probably won't make me that much happier. When my wife was alive, the prospect of taking those dream trips was important. Now, not so much.
What will make me happy is knowing that I made a good choice in choosing this stock (WMI). Every time I read one of your posts, it reminds me that there is a chance for some serious happiness (at being right) for which I have already paid the penalty (grief, anger, and frustration over the years).
I guess its kind of like being reminded that summer is coming when you are a kid in school. Or the anticipation of your favorite holiday. Or the hope that the girl will in fact go out to dinner with you. Or the anticipation of your team winning the world series. (Go Cubs!)
Keep on Keeping On, Brother!
Don't worry about those who are so miserable that they can only feel better by making others miserable and then glorying in the idea that at least everyone is. God Help Them.
I trimmed about half of what I wrote because these are the ideas that are important. Thanks!
Recent COOP News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:04:29 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/01/2024 08:32:21 PM
- ZenaTech, Inc. (NASDAQ: ZENA) To Commence Trading Today • InvestorsHub NewsWire • 10/01/2024 11:00:00 AM
- 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
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/26/2024 08:20:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2024 11:00:12 AM
- 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
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:28:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:26:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:24:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:22:07 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:19:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/24/2024 08:17:44 PM
- Xome Democratizes Real Estate with Launch of DIY Sales Platform, No Agent Required • Business Wire • 05/22/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/15/2024 10:47:32 PM
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ZenaTech, Inc. (NASDAQ: ZENA) To Commence Trading Today • COOP • Oct 1, 2024 7:00 AM
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