Mr Cooper Group Inc (COOP)

[rramirez82]

Its only Tuesday.

If the voluminous activity we've seen on the commons was in fact meant to cover short positions, then I think we've taken the first major leap in the settlement direction. We have three trading days before the holiday weekend, which means there is plenty of time for more pro-settlement activity to unfold, i.e., the preferred shares trading hard.

Its too early in the week for you to assume that its "safe to say there will be no settlement this weekend." There has been alot of activity pointing in that direction and I don't see why settlement should be off the table simply because we closed at $0.15 today. Remember, there is still a significant amount of MM activity and the market as a whole did poorly today.

That's just my $0.02 though. Feel free to believe whatever you want.