Mr Cooper Group Inc (COOP)

[ptolomeo]

Things do not go our way here...

Stocks are canceled and you loose all your investment. let me remind you this is a stock trading in the PINK SHEETS. only invest here the amount you can afford to loose.

Will WAMU ever be a profitable bank again?

No, chances that the seizure is reversed are zero. One of WAMU plans is to emerge from the BK as an insurer company, but who knows...

Would it be worth holding shares... or even buying more and going way long?

It depends if Equity can stay alive long enough to pursue claims against FDIC, JPM and debtors... if Judge approves the POR I think Equity will be dismantled and claims should be pursued by individuals (and at their own expense).

How nervous you should be? Well, depends on the amount invested, I think...