Mr Cooper Group Inc (COOP)

[climberprof]

Jest

I will simile even if we get $0.60pps which is my average pps now. Anything $1pps and above would be nice.

That is true that we have 1.7B common shares and IF JPM gives $4pps then they will be paying $6.8B (in this case I think $4B SJ issue can be used to pay off prefs.) Even if it is still $6.8B , that is huge amount of money! If it was not I guess they could made $6.8B offer instead of $1.8B offer to FDIC.

Do you really think that we will get $8 or $12 or $24 pps as a settlement?!?!? That is somewhere between $13.6B to $40.8B! That is Billion dollars with a B!

I really do not think so. People here simply making claims saying that JPMs initial offer was $8pps and $8x3=$24pps! I do not think things are that simple.That was before the market crashed! Don't you think that those lawyers charging $600 an hour cannot come up with an argument on those $8pps initial offer??!?!?!

I wish we get even $50pps, more is better, I am totally in WAMUQ now but I guess one has to be realistic! Do not make your dreams are crashed if we get a much much lower settlement $s than some expecting here!

I am all for WMI and I wish the best to everyone and I really hope that whoever is responsible on this illegal seizure of WaMu get some jail time!

Best
Climber