Mr Cooper Group Inc (COOP)

[SamuraiProgrammer]

Thanks for the information. I was wrong about only one brokerage house removing them. Good to know. :)

Today oddly has that feeling of when Rosen coordinated a takedown of the stock in Court.

I don't know why, but (as opposed to then) today I am experiencing an utter state of calm.

For whatever reason, this is not bothering me. I don't think we are seeing the big picture yet.

However, at the same time, I am looking at my COOP proceeds. I added some along, so the actual performance may vary from what I am about to describe.

Having said that, COOP (counting cost base of what I purchased and what I paid for Qs, Ps, and Ks is giving me an annualized return of around 30%.

Also, there are other transactions I would not have made except that I knew about the whole WMI -> WMIH -> COOP saga. They have performed well also:

When I retired and changed my 401K to an IRA, I invested in COOP. That is showing a 71% annualized return.

I invested in KKR as well because I was concerned that they would get a slice of the pie. That is showing a 44% annualized return.

I also held some JPM for the same reasons. I don't have those figures, but it was a profitable trade.

The bottom line is that even if nothing else comes (and I am NOT saying that it won't), investing in this BK was a good thing.

I still feel bad for those who were pre BK holders. They will need more to become whole.

Here's hoping!