Tuesday, February 23, 2021 3:12:52 PM
What can we infer by the dissapearance of those limitations?
1) that WMIH/Mr Coop is trying to run the clock out on retail until August 2021, by which they can wrest as many COOP shares from tired retail as possible going forward from September on? Seems unlikely as they can't affect DTC tracking markers in any way.
Or
2) Is a near future 'profitable' income event going to occur prior to August 2021, by which the Billions in NOLS are used up against this income event, by which said limitations to ownership are logically no longer even necessary?
Why is August 2021 the limit to 382 ownership issues?
I still think back to REIT's do have until June of any following tax year to report income with some small financial penalty. But with Billions in NOLS to use up......who cares about a few penalty bucks in a sense. If the legacy REITs report out to June 2021, then August 2021 as the end of '382 limitations to ownership', makes sense to me chronologically
Recent COOP News
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