Mr Cooper Group Inc (COOP)

[jackson227]

"not top dollar but not not bad at all and just lets you buy all the more later as this comes down more"

That's right bud, and thanks.

imo it is always better to get out completely if you think what you're in is going to drop. I made money, but even if you were in at .12 and you thought it was going to drop, then you should sell it all.

If you were in at .12 and stay in and it drops to .09, then you're trapped.

If you were in at .12 and sold at .12, then you have cash and you saved yourself 25 % of your position.

If you had $10,000 in or 83,333 shares and sold at even and it dropts to .09, you could buy 111,111 shares which is an increase of position by 27,778 shares.

Averaging down is stupid imo. Getting out is smart imo.

I'm not saying this will go to .09, but #s don't lie.

I don't care what people say about me. Just keep "averaging down", and I'll keep doing what I'm doing, but I'm definitely done telling the board what I'm thinking about strategy and what I find in my research. They can all keep telling each other that a deal "must be getting done" and that the FDIC is about to pay WMI without delay, and they'll see where that gets them. They can go listen to bopfan who tells people to buy the Ps and blah blah blah, when in reality today was the day to sell them when the bid was at $27 + .