Mr Cooper Group Inc (COOP)

[porkman385]

Looking at the charts, one should expect exactly what is happening. Every time we have a court date its always the same story. Start to lag off to support on low volume, everyone panicks and says they shoulda sold at the last peak, big green high volume candles for 2 days and everyones happy again, then big red candle erasing the 2nd days gains and everyones pissed. Then we lag off downwards on low volume towards the support of the first green candle and everyone gets pissed until it happens again. The only exception to this was in September because that trial had big expectations... and as such the run up started almost right after the last one. Lots of people still wanted to wait until right before the trial, so we had constantly increasing pps for pretty much a month. People got used to it and now that we're back in our pattern, combined with the fact that we're down over 50% from the high, the haters are in full force. I wouldn't put much thought into it. It's a cycle that will continue until the end, I guarantee it.