Mr Cooper Group Inc (COOP)

[ARBITRARY & CAPRICIOUS]

Clearly WM will speak soon. I am sure they would have preferred for the markets to do their thing and ride out the ups and downs. But this thrashing today basically requires they step up and make a statement...which I am sure they will. This story is a sad indictment of our financial markets. I believe WM will recover either on it's own or through a merger... Nonetheless this action on WM will lead to additional changes in security laws and trading. Each sliver of news on WM is timed to coincide with a party's buy or sell interest. That's nothing new but it has been taken too far here and expect WM will be the example where shorts pay dearly soon w/ help from the gov't.