As COOP is being played this morning between 30.15 and 30.70 by the shorts with their typical manipulation we are real close to finding out who is right and who is wrong.
"The Underwriters want to keep what they were given many years ago, 1.4 million WMIH shares.
Rosen stated in reply to Alice's filing that if she were to prevail then the Underwriters would have to give up those shares, assuming they still had them. If not, they would have to pay the cash equivalent to those shares.
It's really not that hard to understand why they want to remain in Class 19!"
Lol, that's not the only reason since they get whatever we get if they prevail. !