Replies to post #596843 on Mr Cooper Group Inc (COOP)

[iPrelude]

Zulual,

from memory:

Hedge Funds received a large amount of newco (wmih) after BK reemergence

then, Hegde Funds also participated Big Time in the KKR deal (those 600 million dollars of convertible debt, which was converted into WMIH later)

my point is that ever since/after that, David Tepper's Appaloosa has been permanently beeing a Big seller, now only holding less than 700k shares

so, in my view, big monies, if any, aint related, connected to CURRENT holdings of WMIH (COOP)

JMHO, I might be wrong, time will tell