Mr Cooper Group Inc fka COOP

[climberprof]

Do you guys really think that anybody will make an offer of $10 pps or $8pps for WMI?

How could WFC can make an offer of $10 pps for WMI?

For WHAT?

WFC would then spend $10pps x 1.7B shares = $17B!! and let's even forget about the pref. shares.

For WHAT would WFC pay $17B to WMI?

For $4.4B cash and may be $2B to $7B NOL? At max $12B!
They would spend $17B right away so that they can get $4.4B from WMI and $2B to $7B tax returns from NOLs in the next 20 years!! Does that make ANY SENSE at all???!?

Please read loud first what you are writing first!

PS: $32B other assests WMI claims that they have, nobody knows how much of that is gone with the wind and how much of it is available %1? %10? %20?? So forget about that! We will all see next year!

Best.