Mr Cooper Group Inc (COOP)

[grandetourismo]

A coherent post 6wheels.

Think about it. This is a historical event with an experienced BK Judge presiding over very proficient BK council with the financial world looking on including the eyes of Texas watching the outcome.

The only thing that can get to the Judge in this case (as some have suggested) is to do the right thing. The Judge and every other legal eagle and business scholar watching this precedent know the decision that is to be finally rendered will be a decision that is to be cast in concrete for all the world to see. It can not be unjust or undone.

In my opinion I would suggest to keep the underlying fundamentals of the stock in mind here with regard to what was here before the seizure then consider what took place and decide if the deal went down as WaMu council purports or as JPM council purports?

The above may be a concept not recognized by some pink sheet traders. Some are accustomed to talking down the pps of the pinks they like in order to get their re-entry for another flip. This pps however seems to be in a 3 way tug of war with the longs, MM's and the shorts (with some crossover) The shorts (some MM's) need it down until the last minute so they can cover on the cheap. The longs just aren't giving any up and the other MM's are trying to make a market running it up or down on the spread with little volatility and little luck.