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temocat

03/07/20 12:00 AM

#615595 RE: Boris the Spider #615594

Boris, I’m your sure your correct however they are not in control
FDIC-R owns this chit show and based on current global events it’s not helping our desires
Temo
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LuckyPanda

03/07/20 12:05 AM

#615596 RE: Boris the Spider #615594

You would think so. Why havent they made any noise? I'm sure they are thinking what I'm thinking...great time for a cash windfall to take advantage of this current market panic.

I sure hope they can get the money released by end of this month...
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lodas

03/07/20 12:09 AM

#615597 RE: Boris the Spider #615594

Boris....IMO, the last few trading days in coop stock says a lot about the anxiety for the short sellers to cover their positions...It could be some announcement by coop management is imminent...I noticed that the DOW was closing toward the end of the day, but the MM were still hammering the stock at the close...now, there is no need for that, especially the recent report that coop had a stellar year in earnings for 2019, and trades with a P/E of about 4.5, according to TD Ameritrade, and sports a book value of about 22 dollars..so, in reality, this whole takedown of coop this week is really not about coop corporation but something else...they clearly want people to sell, and discourage people from buying...why else the hammer job, especially when 80% of the O/S is held by hedges and insiders? so, my take is that something big is coming to resolution soon...we shall see...hold and good luck next week...Lodas