Mr Cooper Group Inc (COOP)

[JohnnyWinter]

She will rule before January 19th . and the debtors have multiple plans in place as well imo. I am curious as to whether or not THJRC will be making a ruling on the WMB NOLs soon too.


Now I know most people don't feel that there will be new shares issued, but that is an absolute given imo. The real question is how are shareholders going to be "treated". Will WMI issue current shareholders warrants that are essentially worthless just to keep shareholders "involved" or will they just leave them out to dry?????? Even if warrants are issued, there would likely be a ridiculous strike/exercise price, and even if the price was reasonable, many holders wouldn't even have the money to exercise them.

No matter what happens, decisions will start being made soon, and I am still convinced that current shareholders are not going to like the outcome and am still convinced that the dollar volume and prices related to the WMI bond trading tells the story.

tick tock