Mr Cooper Group Inc (COOP)

[marayatano]

The only thing you can look forward to is in 2 years from emergence (otherwise you lose the tax attributes, the ONLY major asset of WMIH), there is a buyout;

A tender from a non 4.xx/5% party owner (or a hedgie buy more shares through their managed funds, etc.);

A "run up" in PPS,

WMIH Organic growth (we buy out some other entitiy or operate reinsurance, etc); or

etc.


Best bet for immediate return.

A pumper, *cough*, I mean a marketing agent goes to a pumper site and "advertise" WMIH as a "low float" multi bagger:

WMIH has a low float of 200 million. Approx. 75% of the float is owned by hedge funds and are restricted from selling/buying (if they are a 4.xx/5% owner). The balance of the float of 25% is owned by retail.

With the information above, this is an easy "pump". =)



imo