Replies to post #476331 on Mr Cooper Group Inc (COOP)

[hotmeat]

Pre holders, in the earlier POR's were included in a higher class than Post holders and were to receive a distribution as a Creditor.

This however was rejected since members of the same class can't be treated differently according to their placement in line for payment.

At least if I remembered correctly!!!

[es1]

I understand your point of view but the reality of the situation is that if you know what you own and the company files for BK. You know that assets are greater than liability.
That implies you know there will be assets left even if hidden.

If you lack the confidence in your knowledge and sell that's your own fault and not the fault of the person who bought it.

I got 2 silver dimes in my change once.
I went back to the cashier and asked for 2 bucks in dimes.
He looked at me odd but gave me 20 dimes.
14 were silver.

I asked him for a couple more bucks worth which he gave me and then asked me wtf I was doing.

I showed him that I now had a total of 20 silver dimes.
There were no silver left in the drawer.
The coins were worth about 140 bucks.

Was any of that his simply because they were hidden from him?
I knew what he had and bought it.
He didn't know what he had and sold for too little.

Hidden assets here are the same.
Know what you owned and preholders would not have sold.

Not your fault that you knew what they had and they didnt.


Know what you own and have confidence in your assessment.