Mr Cooper Group Inc (COOP)

[marayatano]

Yes, imo, technics are good so long as there is volume, and liquidity.

Catalyst is the FDIC's approval of 500 B line to the Treasury, various lawsuits initiated by Weil, on behalf of WMI, the May 20th request/motion, etc.

Many attorney billings have had "settlement" talks/negotiations. Major entities were in violation of a court ordered not to exceed "X" amount of a certain percentage of WMI securities. The list goes on.

Bair, in many interviews, has stated that she, the FDIC, needs more power/authority in which to exercise to unwind/dismantle financial entities, more specifically, holding companies, banks, non-back entities, etc. (**Bair's, imo, admission that she cannot take down WMI and learned from her experience.**)

I believe Bair is setting the stage for a settlement by requesting such authorities and the line to the Treasury.

Weil's "discovery" type request/motion is a major request. I do not believe Weil would iniatied such a request without a smoking gun.

One thing to note: ALL the Creditors are working together and are backing WMI in all these lawsuits.

You have to know that the money funding this battle is the CREDITOR'S money, NOT ours. It just shows how much faith the Creditors have for recovery.

Bottom line: At any time from now can be a settlement, etc.

The above is only my opinion and should NOT be construed as investment advice.

Thanks.