Replies to post #527847 on Mr Cooper Group Inc (COOP)

[jerrylev]

Let's do the math.

If you have 10K to invest and I assume the worst case for P Preferred and the better case for commons:

- You bought P at 20 per share (I bought at less than 10). 10,000 / 20 = 500 shares.

- You bought U Common at 10 cents a share. 10,000 / 0.1 = 100,000 shares.

For every 10B that get returned to escrow, P will get 1000 per share while U gets 2.09 per share.

500 X 1000 = 500,000

100,000 * 2.09 = 209000

Buying P is better.

If you take into account that people bought P lower, and if the return is more than 10B and P keeps receiving money til the end with the 75/25 split then the profit will go exponentially up.