Mr Cooper Group Inc (COOP)

[PickStocks]

Fight on our hands

What ever the situation we know this has to be resolved sooner than later. For what reason, we are talking about 340,000+ a day in interest. WAMU loses this everyday the money in holding not gaining interest and at the same time JPM loses the money as well.

WAMU wants the interest and the money quickly to add to their assets of interest. WAMU wants back in and the FDIC was wrong in what they did. FDIC will now become a player for JPM in trying to tie up the money, but the judge will see that the money is WAMU and rule in their favor.


Thus where do shareholders sit in the meantime, buy the share when you think they have gone low enough, they will get lower as this battle goes on, but will rise. WAMU wins and takes the Q off, what happens to the pps.

All opinion, but watching closely.