Replies to post #407726 on Mr Cooper Group Inc (COOP)

[sunshinevibrations]

Mr. Smith is a bankruptcy attorney, and he may be a good one, but he definitely did not display any of the traits of a top executive. He was wishy-washy to say the least and basically had nothing to say about anything.

Some would argue that those are exactly the traits of a good top executive.

[WAMUSHAMU]

Guess he wasn't ready to give any insider info....Bummer!

[tpg]

Proud of you

[nranger]

"Mr. Smith is a bankruptcy attorney"
And this interview came up bankrupt of any useful information. (I don't blame you - your questions were very good.)

"I asked why there has been no communications with the stockholders and he has us left in the dark...
Response: Everything is available on the SEC filings that are available for review"
It's insulting that the same amount of words could have been used to supply a meaningful answer "direct from the horse's mouth", but are instead used to in effect say "Go to the library and look it up yourself".

"I stated the stock price has dropped 25 times in the last 30 days and down 40% since the 52 week high and he has done nothing about it.
Response: He stated he did not know how to respond to this question."
If he, as one of the three people that sit there all day, doesn't know - who does? - should we ask Mr. Ed (the horse) instead?

" I asked about the merger/ acquisition strategy mentioned 2.5 years ago and since then it has never been mentioned again.
Response: He stated he could not speak on ongoing negotiations."
You weren't asking him to name names. He could have given us (and Wall Street) some hope - He is a lawyer and knows how to do that.

" I asked about the assets held by the FDIC and the escrow shares.
Response: Stated he did not know anything about what the FDIC is doing."
People on our Ihub board know something about what the FDIC is doing. Why doesn't he know? What do they do there all day besides enrich themselves financially?


"I believe that all of us should write to the Board of Directors stating we believe that it is time for a change in the leadership of the Company."
Yes. I would like to join in that effort.

Thank You.

DOW +215
WMIH unchanged as of 2:33PM, but the bid is threatening at 2.11

[traderpaul]

Thank you for taking the time 1Claudio. Much appreciated.

[Upperlippy]

Good work. Maybe he is angry because he can only buy limited amounts as insider :-), anyway, thanks for the info, let me know what I can do. Keep in touch.

[dm57]

Thank you!

[clawmann]

I suggest you and others read up on Regulation FD (fair disclosure). A company insider cannot provide any material information verbally to an individual shareholder or any other outsider. Everything must be published in writing first, and then - once the info is out there - management can discuss it in a CC to which all are invited to dial in.

I know that many who invest in penny stocks have become accustomed to overly chatty management who regularly violate Regulation FD. So I absolutely understand why Mr. Smith really did not provide you with any new information. I avoid companies with managers who act like promoters. I - for one - think Smith acted professionally (and in compliance with the law).

The one thing that shareholders should be requesting is a quarterly CC to discuss what is in the the filings that have been made.

[barefoot123]

Response: He stated he could not speak on ongoing negotiations.

Maybe he was at least trying to tell you that there is something ongoing. He could have just said, "I can't talk about that."

Thanks.

[soundincrest]

Claudio, thanks for your great persistent to try to get to the bottom of this debacle . I am impressed with your actions .

Bob

[shiftyshoes]

Chad's responses are arrogant and scornful and he needs to be let go…Any half decent CEO, especially one who has thrived career wise off the carcass of WAMU, would have enough decency,compassion and smarts to give Claudio more than the FU that he did. I unfortunately think that writing the BOD will get nowhere…They are part of the problem/corruption and all need to go…Chad is just doing their dirty work...

He is the Hedgies useful idiot, to be kicked to the curb when the time is right, and enough shares have been pilfered…It is a disgrace that he,Rosen, Kosturos etc., have been given the roles($), that they have. A real slap in the face that would be easier to accept with Fair and Reasonable. Thanks WillyJam...

• I stated the stock price has dropped 25 times in the last 30 days and down 40% since the 52 week high and he has done nothing about it.

Response: He stated he did not know how to respond to this question.


With the comment above, it is no surprise that we are languishing at $2.00, with no volume, despite the potential we all know is there. The answer is troubling, with WMIH being a SETTLEMENT stock, and many needing to liquidate throughout the process. Therefore, information flow, and share price are very important. For all involved to ignore this fact, is reason enough for them ALL to move along…WillyJam first and included...

[UncleBo]

Claudio,

Thank you for the effort to ask. My observations:


- " ongoing negotiations " - VERY WELL, we cannot wait for the announcement

- last line in the email addresses: wamuinc.net - that pesky wamu Inc.(from the original HFs plan) they fixed the web site to say WMI Holdings corp.

GLTA

Uncle Bo