Mr Cooper Group Inc (COOP)

[hahawin]

I have done some DD on WaMu. although WaMu shows some positive assets to us,but it's B.K stock after all,and it has to follow B.K procedure to revaluate its stock with creditors and shareholders. It's still a risky stock to hold, smart way to reduce this risk is to hold not only its common stock. If you held some WahuQ stock as creditor to WaMu, in case of company wiping off all common stock and,or preferred stock, you still have gain on holding WahuQ. in other word, if common stock got paid,there is no way WahuQ and preferred stocks not to be pay in full liquidation value. That's why i will hold some WahuQ and some of preferred as well for safty protection.

But these stocks are not recommond to trade in short term period, put in the storage room,and wait 1-2 yrs for its revaluated value, common stock is for trading purpose.