Mr Cooper Group Inc (COOP)

[jackson227]

I totally agree. The FDIC set the rules for submitting bids. Bids came in, and JPM won the bidding process. C wouldn't submit a conforming bid, and obviously the other bids that came in were less than what JPM was willing to pay.

The FDIC accepted the bid, and JPM did everything they had to do to by recording the negative goodwill.

I don't like JPM either, but hatred towards someone won't change reality, and it is not a good idea to use hatred as fuel for investment decisions like shorting JPM.

Several months ago boards were filled up with posters that were shorting JPM, and it might have made them money for a while, but they ended up losing their @$$e$ .

Those who short JPM at current prices will be kicking themselves, unless they are only out for a tiny gain.