Replies to post #540942 on Mr Cooper Group Inc (COOP)

[AaronTrainer]

We don't actually know if that figure is ridiculous or not. We won't know until it comes to pass or does not. If we end up with $1,100 per P share then a $2,000 initial guess won't seem like it was a ridiculous guess. However if we end up with only $50 per P share, then $2000 in retrospect will look like it was a very ridiculous guess. None of the posters on this board actually know for sure if any of the other posters actually knows anything, since this is an anonymous board. It is possible, though very unlikely that someone from the inside is leaking information on this board. But if that is not the case, then that means for certainty that no one here has any hard facts. Therefore the safe and responsible move, is to not count on Big Money flowing in, but to have much more humble expectations and then make adjustments per a financial advisor should greater money come in.

[BBANBOB]

MAD

Since imho this whole thing has been nothing but an administrative HOLD ON THE OLD CO and its assets, I feel it could or will be at least very close to the #2,000 and let me splain why.

1000 face paid 75$ per year each, X's 10 yrs is 750$ and IF IF IF compounded you get there or better

[jerrylev]

Dr A valuation is old and obsolete and based on the value of WAMU before the seizure. It has no more meaning after POR 7.

Nevertheless, face value for preferred has no meaning anymore because all stocks were canceled.

With the 75/25 split til the end, a return of merely $20B will give old P $2000 per share. I am not saying that the 75/25 split is fair to common but the rule was created and it is what it is.