Mr Cooper Group Inc (COOP)

[InfamousMP]

No i definitely agree with you that a reality check is in order for many newbies invested in this stock. Ive been holding this since Oct of 2008, flipped once for a little profit. Rumors and talks of settlements over the last 18 months on this board have always enticed newbies to buy only to be disappointed in the short term with a decrease in pps. However while many here (including me) still dream of a day were we wake up to a $4-$24 per share settlement the timing of buying in right now in terms of the probability of some sort of settlement/progress towards one couldn't be better.

The great thing about this whole situation right now is that the 'sleeping giant' (the MEDIA) is starting to wake up. Many of us on this board including me wondered if we would ever see significant news of this case break. It finally has, and I believe it is just the beginning. If you look at how much media attention Citigroup, Lehman and others have received over the last year and how it affected their stock prices, pay close attention because it is our turn now!

Definitely what new investors need to know is that while their is a higher then normal chance that shareholders may see a settlement don't expect it by years end or the 1rst quarter of 2010. This is also a great opportunity for those flippers too so expect a little retrace after this weeks run.

I wish everyone on this board a very merry xmas / Hanukkah / whatever and a prosperous 2010!

(btw anyone reading this and looking to get in, do your own Due Diligence. Don't invest because of others "price to the moon" - "$45 per share" misleading forward looking post. Think for yourself, make your own decision and KNOW what the risk are)