Mr Cooper Group Inc (COOP)

[Lebosco]

Everyone should just calm down about the 160 million. If you listen to the Audio Rosen says as clear as day that is the value he will use in giving an instance to the court. Moreover, he indicated that the value of the Reorg company was the number one thing on the ECs radar and was of great contention with what blackstone has reported it to be.

IMHO, I think that the tax firm the EC hired was hired to confirm the exact benefit of the NOLS to a prospective buyer the EC has or may have waiting in the wings and for sometime now. Everything is too coincidental right now for the settlement and the reorg company to not have any value or worth. Moreover, Rosen says plain as day that they will be using the money to shop around the company to anyone who wants to buy it...

I think all the clues are there and the fact that BR says he will have a por7 in 7-10 days which happens to coincide with memorial day weekend...I wouldn't be suprised if offers come in and are announced about potential buyers...

It's always come down to the value and hidden assests. That 160 is just the preliminary number, but once you start peeling back the layers this will have substantial value...I just don't see how it wouldn't. it's clear to me we found dirt on the SNH's or they spilled the beans about the debtors and JPM to draw first blood and the EC took that intel and ran with it prompting the hire ups to mandate the settlement!

Everything is just falling all into place and working out beautifully...all IMHO...

Now I'm going back to lurking!