Mr Cooper Group Inc (COOP)

[longhaulq]

Bus-I assume your new. Thats ok.
Preferreds are valued at 1000 + 77.5ish dividends. No one knows if that will be paid or not in the end---but at this point looks very likely. End of Oct will be telling. Some theorize they will have to be paid first before wamuq is paid any. Others believe preferreds will take a loss or haircut if wamuq is to be paid nothing, so they can have a taste.

With JMW going by the book, I would say preferreds are to be paid in full, and commons following. If this happens, The only people that know the answers are the negotiators.

I will be happy if there is 20B available after liabilities. Both stocks are fair plays.

best of luck -


-in my opinion and dont follow my advice-