Mr Cooper Group Inc (COOP)

[Chiron]

On our first move to .20 weeks ago I looked at the chart, and I saw a bigger move to $1.50 - $2 over a month or two. I've seen it before in many other beaten down stocks; FRE, FNM, C, etc etc... And in correlating OTCBB/PK runs from the .10 level to $1.50 - $2.

Once the boulder starts rolling she's hard to stop, and I think that it what we are seeing. Someone willing to pay .25 is willing to pay .30, someone willing to pay .30 is willing to pay .35... the $1 mark is psychological but then attracts other big fish who think something good must be coming. $2 gets tricky - many of us with 100K+ shares will be selling some causing a slowdown. It will take real news to blow this anywhere past that level.

We've still got a lot of shorts to cover, an Omnibus, and some decisions coming. This steamroller could run to Thanksgiving imo.