Mr Cooper Group Inc fka COOP

[Nightdaytrader]

diamondguru-one, why would JPM want to pay Billions in cash when they can easily issue another 800M (or whatever the number turns out to be) of common stock?

JPM only has 3.9B shares of outstanding stock compared to Bank of American's 8.6B shares and Citibank's 22B shares... So relative to some of the other big banks, JPM has done good in keeping the number of outstanding shares to a minimum...

In addition, for the past year, banks have been cash poor. That's why the govt had to bail them out... So why would JPM want to pay WAMUers all that cash when they can easily issue more common stock?

Doesn't make sense to me... I think JPM will pay us in stock.

JMHO
ND9

http://finance.yahoo.com/q/ks?s=C
http://finance.yahoo.com/q/ks?s=BAC
http://finance.yahoo.com/q/ks?s=JPM