Mr Cooper Group Inc fka COOP

[JusticeWillWin]

You MAY be right, it COULD drop a little bit until the dust settles, but I don't believe so. If the RKT PPS drops after the acquisition closed, IMO it will not be much, just a "normal bad COOP week", maybe 10% to 15%, but for me (tax issues) it doesn't make sense to sell everything upfront, and buy back later after the drop. If you miss the low, and it goes higher very quickly you are f****d. Instead I am planning to buy MORE RKT if, and I repeat IF it really drops, in addition to my 50+ BUYS (since WAMUQ/WAMPQ, WMIH, COOP)...

I think RKT will reach $45+ (=$495+ COOP equivalent) very quickly with a turning housing cycle...

No investment advice, just MY OPINION and INVESTMENT STRATEGY...