Replies to post #578346 on Mr Cooper Group Inc (COOP)

[Getn otta det]

Lodas, I agree with your assessment. It IS unfortunate but I'll use it to avg. down AGAIN. jj

[goodietime]

https://www.fdic.gov/bank/individual/failed/wamu-dbntc-jpmc-fdic-settlement.pdf

"3.02. Payment to JPMC. The FDIC-Receiver agrees to pay JPMC $645,000,000 from the WMB Receivership Estate (the ''JPMC Payment"). The FDIC-Receiver agrees to make theJPMC Payment to JPMC within 10 business days ofthe Effective Date by wire transfer to an account to be designated by JPMorgan in writing."

JPM received their money, 645Million long ago.

How/why, if it is not settled yet?

[JB3136]

If pipe downgrades to $6 then I think you’ll be right

[Nightdaytrader]

Lodas, you don’t know that.. that short statistic was from 5/31. At the end of June, things could be totally different. In fact, how do you know all the shorts didn’t cover last week, when coop was in $6.70 range? You don’t know so don’t act like you are all knowing..

[dmceng]

Lodas,

I have dry powder....

Just waiting for the opportunity, like you.