Mr Cooper Group Inc fka COOP

[umaw]

Penny


The government will stand by the government (FDIC) and scapegoat big business (JPIG) WAY before it throws one of their own to the wolves. Just look at Goldman. Most running it are/were tied directly to government. Remember, J.P. Morgan was willing to pay 8 dollars a share way before the subprime mess imploded thus they have deep pockets enough to pay for the majority of the mess. They are sitting on a ton of cash and should be willing to pony up the fair value of Washington Mutual. As far as 24 dollars a share. That, my friend is nothing but a pipe dream unless they are forced to pay that much through litigation favored settlement. My guess, around 8 dollars a share, at best. This is what they were originally willing to pay for it and now they own it. Stay tuned....AIMHO....