Mr Cooper Group Inc (COOP)

[InfamousMP]

It was a good post too :(

They filed the extension because there is still uncertainty in regards to the 4.4 billion in deposits that jpm and the fdic claim is theirs. They can't file a bankruptcy plan without knowing how much they have to pay off their creditors. So an extension is what has happen....to give time for jpm and the fdic to respond to the lawsuit and possibly settle in the next 3 months. That indicates to me iMHO that wamu may actually have a fair chance of disengaging from ch 11 given all the collusion and supposed 'insolvency' that never existed in the first place.

my .02 - dollar range is not out of the question as of yet.