Mr Cooper Group Inc (COOP)

[oniro3363]

Two days ago I was on KKR's portfolio website, looking to see if I could find how many shares of COOP KKR held and at what price...guess what? I couldnt find COOP listed with all their other holdings.

I found that ODD ,but didn't really question it...now I THINK I know why...they were no longer an investor, COOP had already purchased the shares back (and were removed from KKR portfolio website). I wonder if all that after hours trading for the last few months was COOP buying KKR's shares.??

So now, having a day to digest it, I dont think this has anything to do with any dilution that's coming . I think this was all pre-arranged/pre-determined. Many years ago when KKR came into the picture, they came up with a plan on how to move WAMU forward, a time frame and a exit plan for KKR.

The stock by-back, and dollar amount needed (profit for KKR)was decided on...and here we are today...

COOP free of the KKR , able to do as it wishes.

IMO