Replies to post #556020 on Mr Cooper Group Inc (COOP)

[hotmeat]

I suggest you look at the actual breakdown of who exactly released that was posted by Dm, I believe. The Prefs were majority owned and released by institutions and the majority of Commons that made up that 30% who did not release were ""insiders"" who either rejected the plan or abandoned their shares. The Common share fairytale being told is going to result in a lot of disappointment here. If we receive scraps I've been prepared for that eventuality for years.

[BBANBOB]

BOARDDORK

"""Nope! More than one way to skin a cat. Nice twist wordsmith. Big money at 70% (insiders) released and the rest (30%) are retail holders who were tricked out of released or releasing commons""""

You do understand that even if someone went from commons to preferreds they had to sell the commons to someone , SO WHY didn't THE INSIDERS just pick em up when some were changing positions..

TRY again sorry

SOrry but your counter there doesn't hold any water