Mr Cooper Group Inc (COOP)

[jackson227]

I am not going to speculate as to the payout of each stock.

I, along with many others, would be able to give you a reasonable estimate if this were a CH 7 liquidation case, but it is not. The truth is that nobody knows what each will get. Full value is out of the question. If you think that preferreds will get paid in full, while secured creditors are not getting paid in full, then you are sorely mistaken. Everyone will have to give a little whether they want to or not. It is my opinion that the preferreds will not see 50% of face value, but should see atleast 10-20%, which at current prices is more than fine with me. If all assets were liquidated in their entirety(at discounted prices), which is NOT going to happen, then preferreds would see full liquidation price, and there would be enough left over to give the commons $2-5 per share. I truly hope, for everyones sake, that we all see something, but there are no guarantees.

We'll see what happens......