Replies to post #417482 on Mr Cooper Group Inc (COOP)

[tanjazielman]

...I am not creating a position, nor suggest to representing anyone, I am following what the Equity Committee, Mike Willingham and Susman Godfrey "negotiated, settled and disclosed."

If WMIH, NOL's and a loan was all MW, EC and Susman negotiated, I could have spared three years of my life and buy WMIH after reorganization, AND for half of the price before reorganization.

The difference is: We've got escrows.

And pure common sense tells me these are not worth nothing.

There is a difference between buying before POR 7, voting and receiving WMIH shares.

And: buying a few weeks after reorganization, not having the hassle to vote and able to buy WMIH for half the price.

This simple advantage that a post-reorganization buyer of WMIH has, in contrast to a pre-reorganization WMIH owner, is the main reason why I believe there is more for escrows.

We didn't vote and filled in tax forms for nothing.