Mr Cooper Group Inc (COOP)

[chandlernyc]

What you are witnessing is short covering.......problem is there is someone selling to the shorts trying to cover.......if no one sold, shorts would have to step up and this thing would run. News of any kind would create a nice run and squeeze.

Changing topics, how do folks feel about the lineup of speakers set to occur Thursday at the Senate hearing??

•JAMES VANASEK
Former Chief Risk Officer (2004-2005)
Washington Mutual Bank

•RONALD CATHCART
Former Chief Risk Officer (2006-2008)
Washington Mutual Bank

•RANDY MELBY
Former General Auditor
Washington Mutual Bank

Panel 2
•DAVID SCHNEIDER
Former President of Home Loans
Washington Mutual Bank

•DAVID BECK
Former Division Head of Capital Markets
Washington Mutual Bank

Panel 3
•STEPHEN ROTELLA
Former President & Chief Operating Officer
Washington Mutual Bank

•KERRY KILLINGER
Former President, CEO, and Chairman of the Board
Washington Mutual Bank