Mr Cooper Group Inc fka COOP

[ABIGIDIOT]

thanks a lot to everyone who put forth all the effort to answer idiots like me

no problem. and, in fact its a relatively easy answer, which you can convey to your friend if need be, or just understand it yourself.


washington mutual is/was a massive conglomeration of assets, and liabilities held in various capacities. the machinations to unwind it are equally as massive.

as it unwinds further, you will see the shareprice move from .22, as of today to well over $ 16.00. this will be done in stages, or in one fell swoop.

hope this helps.