Mr Cooper Group Inc (COOP)

[p_chen]

Exactly. Today's or near future's stock price volatility is meaningless to me because I am holding strong til to the end. I am against to accepting the $8pps buyout/merger. Instead, we should be able to ask for a $20BB damage compensation.

In addition, let's assume the liquidated claims are fully granted. The rough computation of asset values for equities is as follows:


$20 + $16.5 + $7(current As) - $8.3(current Ls) - $3.5(preferreds in full) = $31.7BB
(not incld NOLs as before Dec. 2007 and $1.9BB from FDIC)


$31.7 / $1.7 = $18.64pps

The market knows it. However, MMs are playing with tricks. People in the corner are waiting and accumulating shares. Thanks for corrections.