Mr Cooper Group Inc (COOP)

[lightweight75]

WAMPQ.PK is ~$2 right now, and even at 1% of recovery, it should be $10/share (400% gain from the current price). WAMKQ.PK is ~$0.10 right now, and at 1% of recovery, it should be $0.25/share (150% gain from the current price). So, at current price, WAMPQ.PK is by far the best deal followed by WAMKQ.PK, then the common shares. The only reason the common shares are traded much higher is either (1) it is pumped by traders or (2) just that preferred shares are way undervalued. I am not saying to take your money under mattress to buy the preferred, but for those who have already made up your mind to share your fate with WAMU holding company, it is simply better odds to win with the preferred.