Mr Cooper Group Inc (COOP)

[martinib]

Uzual,

something I have on my mind as a possibility. I DON'T WANT TO SPREAD PANIC OR MISINFORMATION.

If I'm creditor knowing to deal with EC, the piece of my cake just got much smaller. If I know that only way to get bigger piece of my cake back (not as much as it was planned at first but bigger than the one if I have to share with commons) is to dilute or cancel commons (which would mean loosing tax refunds). A change in the ownership would be the case to cancel the commons while WaMu is under Chapter 11. I have no idea how much (%-wise) that would have to be but I know that in Leahman's Bros. case it is 4.5%. My point is: Can I manipulate the price of UQs downward so I make the price sooo cheap and available that retail investor would want to load up more and more (thinking this would be the jackpot)? 4.5% is only 76.5 mil shares. Which I think is just about 40 people here (maybe less).

Maybe I'm just thinking too much and need some sleep. I just want to know what you guys think about this. It is a game with a lot of money on the table and since the WaMu lawyers were ready to wipe out commons already maybe they are ready to play vabanque too...