Mr Cooper Group Inc (COOP)

[pennypincher44]

7.4 million shares traded today, it's been up since the past couple of weeks, not too bad. 1.7 billion shares outstanding, a whole lot of shares if you ask me. It's in chapter 11, bankruptcy proceedings right now as we all know.

JP Morgan swallowed them up just like a big shark eating a little fish. But, what happens to the little fish, will JP Morgan Chase try to eat up all of your shares, or will they pay?

JP Morgan Chase and other large banks accepted money from the goverment for their stimulus, but did you know, most of these large banks have billions of dollars in assets in many other corporations, since the media started to promote an economical crisis.

Today JP Morgan Chase holds over 1 billion dollars worth of shares in Coca Cola Corporation (KO), just go to Nasdaq.com and check their ticker symbol under Financials. Why would they take money at the cost of us, the taxpayer. They could have sole half of their holding in one company alone without taking money from the U.S. government.

My answer,is, they want to find a reason to raise our taxes again.