Mr Cooper Group Inc (COOP)

[Chiron]

WAMUQ Price Dynamics:

(Good post from Yahoo board)

Never use stock price to determine a company’s balance sheet worth. Stock price has all sorts of market dynamics by funds that are forced to take action and misinformed traders & investors who react on fear.

Today, many remaining institutions dumped because most cannot hold the pinks. Long investors dumped because they are naïve about Ch-11 bankruptcy and the whole market was being hit hard. Day traders dumped because of a constantly dropping price and fear of big percentage drops in short times. And a few riverboat gamblers like myself made a risky bet that this stock will have its day in BK court. Yes, the final outcome of bankruptcy here might very well be WAMUQ = zero; BUT (and that’s a big but) that final outcome can produce many surprises and gyrations along the way.

“Well, do you feel lucky punk.”

-the bum