Mr Cooper Group Inc (COOP)

[Yanik]

that sounds about right but there are still many other unknowns that could add value post emergence that we may never see or hear about until after confirmation.

One important point i want to brink up is book value vs market value.

most stocks trade 10-20 times book value based on forward earnings.

so the unknowns of possible merger partners to use the nols and other unknowns could play into this value and we could quickly see much much more into the future.

Thus why i am sitting tight and adding when i can.

The starting value for shares in the new co is just that a base figure that will become a moving target as the books get ironed out for public viewing and a plan of business becomes clear like in any company.

I think these unknowns to us that are known to the people behind the curtain makes them say that they are happy with the deal and shareholder recovery is at hand. Just because we cannot see all the cards doesnt mean that they dont exist.

Who is to say that they already dont have a signed, sealed, and delivered deal with some other entity post emergence for our assets and nols. or a sound business plan that will bring shareholder value back over time.

Hence I am very happy to sit and wait to see things happen.

Just MHO.