I think it is quite obvious it doesn't matter what we think COOP is worth. COOP is gonna do whatever the MM's want. ~maybe one might buy into earnings next week? I still think volume is the tell on this. Nobody was really interested in buying this week.
Lodas, can you explain how WMIH was 1.40 at the time of the merger and since then has dropped to 1.08 in spite of merging with a company that handles billions in morgages. When will true value be seen in the PPS? thank you