Replies to post #467358 on Mr Cooper Group Inc (COOP)

[cappilucypeter]

If the big guy are selling then who is the big guy that are buying?

[sometimes_right]

BIG difference between "selling" and "sold-out entire position..." Yes Tepper sold some of his WMIH shares - whether to bank some profit like many retail FLIPPERS have done OR to adjust ownership levels to remain compliant to court ordered majority ownership levels when he receives a GAZILLION MORE shares of WMIH when his preferreds convert when an acquisition is finalized...

HOWEVER most of the BIG money have not sold any shares, and some new BIG MONEY players have taken up new positions.

FURTHERMORE... if TERRIBLE events are foreseen by BIG Money... they sell ALL of their shares... they don't just sell part of their positions. No insider BIG money have sold out & closed all of their positions... so I do NOT think whatever TERRIBLE EVENT people can dream up is about to befell upon WMIH. imo

[Olti100]

THe big guys selling?Who is one of the big guys with around 8million shares and why you are convinced to be selling and not shares changing hands?If one would bring 3 million shares order at ones selling I asure you that the stock would be for sure back at the 0.50$ per share.So lets keep it straight.This is far from being a sellof but a simple price manipulation of those in the known to covince people to sell so they can acumulate on cheap.