Mr Cooper Group Inc fka COOP

[Desperado90]

Great. IMO, if we get the decision on or before the 24th then we can read her detailed decision and see what issues predicated are decision.

Going by her previous decisions she loves to write in detail of her decision. This actually makes it easier to deal with an appeal. If the decision is appealed, she would have set a good precedence to the appellate judge to uphold her decision.

Now here's why am here personally.

We have ~$7B in Assets and ~$8B in liabilities. I expect the judge to give creditors 60-70% recovery since the BK judge can get creditors to take an hair cut.

Therefore, at 60% recovery for creditors that $4.8B and the rest can be distributed to unsecured and equity holders.

This is at worst scenario of liquidation.

IMO
70% to Creditors (WAHUQ is already accounted for as debt)
10% to WAMPQ
10% to WAMKQ
10% to WAMUQ

Whether we get bought out or go into liquidation is a win win.

So the most important thing bar none right now for me is SHOW ME $4.4B.