Replies to post #477438 on Mr Cooper Group Inc (COOP)

[garyhalvo]

$59,878,763. Lol

[gold-nugget]

Multiply 15.1 @ 2000 or the amount of preferreds u have.

[gold-nugget]

Remember 10bill makes preferreds whole. So 151 bill is 15.1@ 2,000,000. Ex 2000 shares.

Remember. One thing. Read the examiners report. One thing was left out of the report. Mortgages.

[hotmeat]

Firstly $151B is not coming back, that's just silly.

How is that any different for commons? After paying pref's there would be over $130B left for commons only.

A person who owned 300K common shares would rake in over $30M. That sounds just as ridiculous as your example.