Replies to post #466107 on Mr Cooper Group Inc fka COOP

[BBANBOB]

Also when one considers that MW bought his Q's @ .20 per and for every 1 bill returned he would as well get 20 would he not???????????

Or based on your 40 bill and using the 22.5% range he would get aprox 8$ per Q and he holds his 200,000 original Q's or 1.6 mill, not a bad pay day for any, on a for a $40,000 investment ,even if it has been 8 yrs , an 8 bagger in 8 yrs!!!!!!!!!!!!!!!!
Plus then what ever he has gained by being on the BOD, WMIH share wise...............

Again final gavel down!!!!!!!!!!!!!!!! and even if it turns out to be as has been suggested here that COMMONS get the spoils, you AINT GONNA HURT MY FEELERS with face and interest X's 8 yrs COMPOUNDED, with XXX,XXX K's.

But I just don't see it, and like I said any that want to run the numbers BOTH WAYS then you can draw your own conclusions..........

[boarddork]

The horsies and AAOC members were facing "The Standing Order" from Walrath, and Equitable Dissallowance.

They were faced with losing everything! Did MW, a Marine Corp vet, roll over to spite his own solo investment in Commons, when he had the AAOC over a barrel? No way!


Heck, 75/25 on any WMI BK#2 assets, could very well mean a return well above par for preferreds, and not much for commons. But this is just Bk#2 residue.


And in BK#1, filed first before WMI, with ZERO creditors or debt to control, everything residual from WMIIC goes to commons.........following traditional APR.


Bob, you've been here a long time, remember how many commons were bought in the very last trading days. Millions! And we all collectively said "What tha heck?" Now I know why.