Mr Cooper Group Inc (COOP)

[rickszy]

PORK. It depends on what you mean by buy-out! If a share swap is instituted, I myself would grudgingly hold for a while (as I would now hold the evil JPM shares) and it would not ethically sit well with me. That said, if JPM shares do not tank within a few days of said swap, I would hold this position as with any other investment. We are in the market to make money after all.

If it is a cash settlement (highly unlikely but preferable) to WMI, the commons would/should skyrocket to $4.00/$8.00/$12.00 per share – pick a number depending how the A/L really lines up.

If after a settlement, we soon hear that WAMU does intend to go back into banking (once again highly unlikely but possible), I would hold my shares with an iron fist and welcome this glorious event!

Lest we not forget, WAMU was a different way of banking – a big player without the big player attitude!

Sorry for rambling and all just IMHO … rs