Replies to post #561156 on Mr Cooper Group Inc (COOP)

[tony_t]

if escrows received jpm stock instead of cash. I could see jpm short their own stock to make money..lol

[Boris the Spider]

Shares are fine with me too.

Remember we filed the tax form when we released, which means 28% comes off the top before we get to the money.

Now if we got shares, they could still take an equivalent number of shares, forcing our brokers to handle the transaction.

I would like to hear from a tax guy here on that likelihood.