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BBANBOB

01/19/19 1:09 PM

#14474 RE: linda1 #14466

BINGO and is now symbol "COOP" Mr COOPER mortgage and the reorg'd company about 8 months ago bought a NYSE company NSM and then XOOM and now is on path to buy 2 more companies before the end of the first quarter and has an 81% institutional holdings, WITH VERY LARGE PLAYERS involved

SO yes re'orgs do work out sometimes
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Emptyhead

01/19/19 1:22 PM

#14480 RE: linda1 #14466

That was after the fact, where old shareholders got diluted over 97%. So maybe if you stick around here and receive your highly diluted shares (guessing about a 75-85% dilution to the current SHLDQ share price of $.57 ), you can further watch the show develop and hope you see a fair return on your equity,

Now, mind you, my figures could be off. I am only using existing debt structured obligations and a fair premium to the conversion into the new entity.