Mr Cooper Group Inc (COOP)

[grandetourismo]

IMO, the only logical reason for selling now would be an EOY tax write off. (simply based on timing alone)

For example, if one's portfolio contained a few big winners and a non performer, they might chose to take a chance and sell WAMUQ based on the timing. They could realize a tax write off for this year then get back in for a nice gain later when the rest of the story comes out.

To just sell WAMUQ because they think it's going to tank based solely on an incomplete A L and rumor would be playing right into shorty's hands. In that case, the pps would temporarily dip because of fear. But guess what? it's going right back up after all the facts are out.

Just have to wait and see.

GLTA longs

GT