~ Clear & Concise: ... ALL of my considerations & opinions posted regarding "COOP" using its "Share Buy Back Program" for a platform reset' ... were incorrect ~
Personally, ... "Today" ... ol cactus is VERY PLEASED to have been in a financial position to have purchased WMIH / COOP heavily from the single digits from 2017 to Feb 2022' and to have been able to pull enough profit out @ $50.50 pps to PAY-OFF ALL of ol cactus owned WaMu / released 19's & 22's / COOP / and the WMB Note / Euro Bonds, etc.etc.everything WaMu ... plus the LBHI Class 10's ... with ol' cactus Keeping a reasonable amount of COOP' ... that 2018 acquired loan servicer that was necessary at the time'
... Finally' ... a forward & positive process has now been unveiled' ... TODAY', ... it continues to be my opinion that only the 2018' Acquired Sub Grouping (nationstar to coop) has been "Acquired" now once again' by another ...
WMIH and the Nine Trusts (three of which match a release cusip) remain' ... not trading openly ... For those of us that released, back in 2012' ... this is not over ... this is only a sub grouping being acquired
... shhhhh but good riddance to COOP in my opinion' ...