Mr Cooper Group Inc (COOP)

[rramirez82]

I've checked all of the adversary proceeding dockets on PACER as well as the bankruptcy docket with no relevant filings to explain what happened this afternoon.

As I posted earlier, the last time we experienced this kind of movement was when the parties were amidst settlement negotiations in March (after which JPM filed its adversary proceedings and effectively ended all settlement talk). Given all of the DD and the pressure from incoming discovery/depositions as well as a probable and favorable ruling on the $4B, I wouldn't be surprised if this was the result of a small leak. Its just too much volume to be the shorts and nothing else (at least nothing logical) explains it.

Keep those fingers crossed and say your prayers, this could be it. Good luck everyone!