Mr Cooper Group Inc (COOP)

[Large Green]

Thoughts???

I do not expect the Confirmation Hearings to take place unless Equity is included. I feel the Hedgies have to make a deal and with that they forfeit all of their monies they have made, plus have to agree (probably sealed) to let the court know the POR was made in bad faith due to several of what I will call “mistakes”, thus making the plan not “Fair and Reasonable” and has to be reworked with Equity. Of course the FDIC/JPM could pull out at anytime, if they are going to throw the Hedgies under the bus and if they do, this is going to be a lot of fun. I just cannot believe these criminals are that stupid, but from JPM’s past actions we know they will “eat their own” for power, money and anything to propel them higher.

With the latest news about Hedgies and insider trading, this will either be over VERY soon or Susman will be going for control (my guess he is) and I suspect he will corner this Judge due to the insider trading crime (sealed again), with the Horsies approval and will force Rosie out. As far as a settlement goes I think has to do with media news coverage. If any coverage starts this will be over in a New York second, because the amount of money JPM is making they would like to make this last years. I feel very good about this; we have waited almost three years and the fun is just now getting ready to start.