Mr Cooper Group Inc (COOP)

[eighty]

Interesting conversation you guys are doing...







bkshadow

Have you considered that in between "mid term" and "2-year long term" that there is something called the annual meeting requirements no later than 15 months? That would be what is called the 3/12/2010 of post bankruptcy; when the equity BOD could be bounced by easy proxy, or they recommend to you to take a deal they made for 50% over current book. If bounced, they have 9 months to "clean the table." No uninvited guests. No to SEC compliance. Yes to going private. Reverse split the retail holders out. Compensation to be simple math. MKT value or cash / shares. The only obstacle is whether TPS groups and DIME-ers can pony up for preferred stock to block; but they can be bought also. It is one big club. If you don't get an invitation, you are not going to participate. BB on YB was on the spot - "if" they let us participate. What do you think they will do?




radiumsoup




to what end? the involuntary ouster of tens of thousands of individual investors? Don't you think THAT could start some congressional hearings?

All of what your proffer hinges on the assumption that more than 50% of the stock (or those who wish to vote, in your proxy example) is owned by entities ("they") which wish to turn this on its head on Day 731. I see no reason to believe this might be the case at all.

Is it technically possible? Sure. Cue the proverbial extinction-event asteroid, too, while you're at it.

"They" will do what will give shareholders the best result possible. To predict (or even assume) that "they" will attempt to forcibly buy out other "lesser" shareholders is suspect at best, and - to me, anyway - dismissible without some clear examples of who "they" are and evidence of their actual motives. All else is just more idle speculation and borderline conspiracy theories, of which I am always a vocal skeptic. Occam's Razor, etc.