Mr Cooper Group Inc fka COOP

[Disaster Master]

Here is the question... I have been watching wamuq for the past week or so and saw the boom yesterday. I bought in today at .37 when we hit rock bottom. Obviously it takes 3 days for securities to settle... if the settlement were to go thru on friday will I be entitled to it? My stocks settle friday and that would be the same day as most are saying the settlement will occur. What if it is tomorrow??? I feel like just bc WAMU settles it does not mean they will declare the rewards to the shareholders the same day, therefore there will be a waiting period and then a declaration of rewards with the record date being that day as well (like dividends work) Am I wrong? How will this play out?


And I have done a lot of research on bankruptcy stocks over the past few days. The shareholders are usually entitled to large sums if a court case is won or settled but how will we be rewarded? Will it be cash or stock? Any info is greatly appreciated and references to sites would also be helpful.