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COOP fair value over $200? How?

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nranger   Wednesday, 09/15/21 11:27:53 PM
Re: None
Post # of 673443 
COOP fair value over $200? How?

I own 4024 shares COOP but why should I put my hopes there? It's a
$3.37 stock. It goes up in pennies - down in dollars. Look at the last few days. the DOW went up 200+ and COOP went up 0. Then down a dollar when the market is down. I know its only a brief snapshot, but how can they ever put a market multiple on $3.00 stock?
Why did they ever do the disaster 1:12 RS. Maybe Mr.Cooper likes a double digit. stock. He claims it was to reduce the share count, but now I read 175 Million shares will be introduced if the PPS goes over $50. The way this is trading it will be in the year 2525 (if man is still alive).
Here's where my hopes belong I own:
939ESC986 300.000
939ESC992 1,550
939ESC84 20,100
According to AZ's napkin math I'm rich in a way that if COOP went to $200 (reported fair value) it could never yield the same wealth. The fact of the matter is Coop is not $40.49 stock even though that's the current PPS. I'm glad some people were able to load up when it was $3.50. But as a church missionary I get little or no pay.
I can only pray that the COOP BOD does the right thing (of course it will done in their best interests) KKR is gone so I hope Coop needs the interest money. Then we can get what we richly deserve (Pardon the pun).


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