Mr Cooper Group Inc (COOP)

[Bizreader]

Now that Washington Mutual, Incorporated is out of bankruptcy, basically, and there is a Litigation Trust Fund and there are some law suits that can be considered "receivables" this stock is finding its market value.

Investors with cash, (there's lots of cash on the sidelines), with or without "insider information", are throwing money at this. Some may know something about the inevitable outcome of the Goldman Sachs law suit recently filed in Ohio by Susman and Co..

The ask is moving higher based on the current demand / volume, amazingly enough! LOL

I see this moving up as we get closer to the time for good news, which is rationally expected by March 2013.

If we don't get news in the next 2 weeks charts might start helping for momentum trading until the big news, possibly in March, imo.

I'm nowhere near as informed as many who post regularly here, but this is what I'm thinking now.