Replies to post #557905 on Mr Cooper Group Inc fka COOP

[PickStocks]

BUT it also suggests the LARGEST RETURNS are class 19 (Former WaMu Preferred-both WAMKQ & WAMPQ) and not former common

LG are you kidding............No where does he state that P's are better than commons......

P's and commons are both getting returns.....

I am glad both P's and Q's are getting returns....lets all wait after 22nd to where everything falls.....

[Olde English 800]

As we should recall, the first POR that included shareholder equity only included preferred. The EC would not agree because it did not include commons. So it went from 100% preferred to 75/25 split and judged approved the revised POR. For anyone to believe that commons would go from getting left out, to getting the lion's share of the recovery is absolutely ridiculous.