Mr Cooper Group Inc fka COOP

[acountmakr]

You're right. There is a common conclusion that when people buy stock, there are more shares outstanding. The stock price doesn't matter whether or not Q's get $0.25 or $12 a share. If the share price went to to $15 and we get liquidated for $12, then we lose money. I'm hoping for a settlement of over $4billion. With my fuzzy math, that means Qs will get approx $1.80 a share. I'd pay off my house.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45043407

If $800mil is needed to cover bonds and preferreds, then a $4bil settlement above the depository accounts will give $3.2bil to commons.

$3.2bil / 1.7bil shares outstanding = $1.88 per share.