InvestorsHub Logo
Followers 176
Posts 6826
Boards Moderated 0
Alias Born 12/26/2012

Re: DarkB4Dawn post# 701089

Monday, 01/09/2023 11:30:50 AM

Monday, January 09, 2023 11:30:50 AM

Post# of 731797
~ Perfect' and Thank You for Responding DarkB4Dawn' ... I appreciate it ~

I'm going back to what many of us' that actually remember the process, regarding WMI' ... and "Believe" and cannot be deterred ...

So, here's where I'm going with this' ... I studied the Second PRIVATE' Rights Offering, and recently, I've become focused on Gallagher' ... the WMIH CEO at the end of 2017' and the beginning of 2018' ...

from the text,

At the onset of 2018' "Gallagher" found himself as the CEO of a Holding Company' (WMIH) with an Insurance Sub in Run-Off' ... WMMRC' ... and yes, that PLR was misunderstood', the one referencing the disposal of the Insurance Sub' ... (sloppy work done by b-p)

So, WMIH was listed as "Financial Services" ... and Could Have ? ... attempted to acquire any number of company's with the KKR owned transitional B' preferred ... But WMIH was focused on a "Mortgage Servicing Company" ... obviously NationStar' ...

WMI/WMIH/COOP has an advantage in servicing due to efficiencies and are marching toward a ~1T target while buying back the company at a good clip.



"Predecessor Operational Protocol"

... I Agree' ... and Thanks Again' ... rollin' COOP into a $5.00 to $45.00 pps' ten bagger, and having some fun ? ... was my choice, my money' ... However' ... "WE" Are Not Done' ... Nope Not Hardly'

just sayin' :)

AZ
Bullish
Bullish
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News