Replies to post #490806 on Mr Cooper Group Inc (COOP)

[Large Green]

***CBA09***Thank you for one of the most simple and common sense posts ever***


***I WILL REPOST CBA09s post so this soaks in***

Shrew professional investors here. Those initial & ensuing Hedge Funds did not invest and release on guess work. Rather a keen understanding of what assets and rights to assets that will prevail beyond the reaching powers of bankruptcy.

It seems many here are down to a glimmer of hope, from once having high hopes. I have been primarily silent. Why!?! No need to focus on the daily PPS. It is of no concern to me.

Do you believe these Hedge Funds & Institutional Investors are concerned with the the daily PPS? Of course not, they are inured to its daily movement and the postings on this Board.

Those who have their ticket punched, namely releases, take note that you are joined in the company of those in the know. Knowing the "Final Outcome."

Key here, I strongly contend, is outside the waterfall. So those assets shielded from the Trustee's reach as follows:

1) SPE / Trusts assets ( The parent is WMI )

2) Abandonment of Stock. ( As any future value goes to WMI and not included as an asset of the estate).


***NOW FOR ONE QUESTION***



Now you know why...BUT...Have I told you lately how much more I love my Escrow Shares that continues to grow immensely with every single day going forward?

[Dmdmd2020]

IMO...the post by CBA09 (#490806) is very important to remember:

"Ref: SO will they just magically make the Escrows worth something then?

Comment:

Shrew professional investors here. Those initial & ensuing Hedge Funds did not invest and release on guess work. Rather a keen understanding of what assets and rights to assets that will prevail beyond the reaching powers of bankruptcy.

It seems many here are down to a glimmer of hope, from once having high hopes. I have been primarily silent. Why!?! No need to focus on the daily PPS. It is of no concern to me.

Do you believe these Hedge Funds & Institutional Investors are concerned with the the daily PPS? Of course not, they are inured to its daily movement and the postings on this Board.

Those who have their ticket punched, namely releases, take note that you are joined in the company of those in the know. Knowing the "Final Outcome."

Key here, I strongly contend, is outside the waterfall. So those assets shielded from the Trustee's reach as follows:

1) SPE / Trusts assets ( The parent is WMI )

2) Abandonment of Stock. ( As any future value goes to WMI and not included as an asset of the estate). "

______________

IMO...I agree 100% with CBA09!

I also think from the accumulation by the 10 biggest institutional holders, the big boys are hoarding all the WMIH shares in case there is an event that increases the PPS (keep in mind Scoggin has a direct link through Michael Renoff...one of WMIH's current board member)!