Replies to post #519135 on Mr Cooper Group Inc fka COOP

[AaronTrainer]

1st of all, I'm highly skeptical that we get any major returns from escrow markers. But if we do, "they" have to know that a big share handout would result in a massive share selloff leading to immediate dramatic share price drop. It (pps) might recover quite quickly, but then again it may not, and that uncertainty means it's a destructive option.

If I woke up tomorrow with an extra 30000 (for example) wmih in my account as a result of a payout, I would immediately sell half of those and plan to buy back in when the price dropped by 50%. Basically I think there would be major chaos.

[Fletch-42]

What is the tax burden if shares are accepted? I would think the tax would be deferred until shares are sold. To accept cash means your tax bill is due at that time.

[jerrylev]

Imagine Kosturos representing WMILT to sell mortgage assets to WMIH.

So he asks Jay Bray, our new CEO. How much will you pay me for each Billion of mortgage assets? Jay Bray replies, how about 100M WMIH shares per 1B of mortgage assets.

Kosturos says to Jay Bray, "That is very generous of you, 100 Millions WMIH shares per 1 Billion of assets. But as you print more WMIH shares to pay me, how much is your stock worth then? One penny?

1 penny TIMES 100 Million EQUAL 1M,

So 1B of WMI mortgage assets is worth 1M in value.

Have I ever told you that I love S4V more and more everyday?

[BBANBOB]

HOTMEAT

""Also these Court Registry accounts that keeps being mentioned,..do they actually exist, where are they accounted for and who controls them???""

You are extremely well versed here and do great DD, why don't you DD the JUDGES comments IN COURT and ON THE RECORD of the COURT REGISTRY accts IN WELLS FARGO.
Those were set up to take ALL of the mortgage payments made to JPMC while they were servicing or stuff and that JPM had the right to pull there servicing expenses but principle and interest was to be placed in those acct!

Surely you remember those

[t1215s]

hm As I posted way back, taking the cash instead WMIH shs

This depends on one's entry point, but I would take yesterdays 18.60+ as I said when it hit that number the last time and sell and then keeping the 18.00 and reinvesting .60 which would give me free shares ( not really free but you get the idea) paper in the game, would watch to see how the transition goes, then maybe reinvest SOME more of the profits ONLY! @ THE 2+ IFFEN allllllll free paper in the game, hence makes me a player/keeps me in the game lol. with possibilities IMHO ;-)

That's my play and I'm sticking to it HEHEHEHE
Also one has to remember 2.+ retail only soooooooooo

GLTA-Ts