Mr Cooper Group Inc (COOP)

[jackson227]

Reality sunk in a little bit as of late, but I started buying and selling a while ago. imo if you bought in at .10 you should have sold on the last little bounce. If you didn't and this runs to .15 on perceived "news", then I would sell again. Do I know that it will go up? no If it does go up, do I know it will go down? no , but to think that you will wake up on Monday and see a headline that JPM is buying WMI isn't a reasonable expectation.

When I was really making money was when I was selling WAMU when it was up, dumping all of the money into the lowest of WAMKQ and WAMPQ, when one would run I would sell, and get into the lowest of the bunch. Then I started buying into the anything could happen at anytime theory, and that was when I wasn't making any money. Sure it is nice to see green as a gain in your portfolio, but I'm telling you, it's a whole lot nicer to see green next to the cash in your portfolio.

To each his own.



WAMUQ - Trade at your own risk.