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Jay Bray mentioned WMIH Merger twice in his

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jb92106   Thursday, 08/05/21 10:11:42 AM
Re: user_760014 post# 665448
Post # of 669811 
Jay Bray mentioned WMIH Merger twice in his opening remarks at the most recent earnings call. It was the first time he publicly acknowledged a merger and he spoke as if WMIH is the parent company. The record is available for anyone to find. Why mention WMIH after three years? I suggest it's a bit of foreshadowing, very similar to the foreshadowing of the Stock Repurchase plan when Marshall intimated that COOP would spend up to $500M over the next 10 quarters, but would be open to a large purchase if the opportunity became available... Then on Monday Aug 2, 2021, the very first day possible for such a purchase, the KKR purchase happened... Very convenient .... I'm no expert, but I doubt that deal was struck and completed on Monday... So again, what is the mentioning of WMIH during the earnings call now foreshadowing?

All in my opinion.

~jb

AZ Rocks!!


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