Replies to post #441204 on Mr Cooper Group Inc (COOP)

[investorhub123]

Do you really believe he just bought 8% of WMIH?

He's had those shares since conversion....

[the_pyramid]

yes, i do. appaloosa held approx. 17 mio shares after reorganization. they are stated as a beneficial holder (above 5%), together with greywolf, in the enclosed proxy statement (PDF page 22/36). both hadn´t to file a 13F because WMIH was not officially traded and the OTC didn´t require it. now at the NASDAQ they had to. hence you saw the massive filing of institutional holders in the third quarter.


http://wmih-corp.com/wp-content/uploads/2014/06/Proxy-Statement.pdf

ps: btw, an average shareprice of $2.00 is not possible for this quarter.