Replies to post #652463 on Mr Cooper Group Inc (COOP)

[BBANBOB]

Hey Stranger

"" For example, if $xxB is returned, increasing the value of WMIH, a calculation based on that value would be passed on to those who own RELEASED SHARES by doing an appropriate forward split of the original RELEASED SHARES.""

I hope allHERE ARE AWARE that ""NO ASSETS of the DEBTOR can JUST return to the REORG'd debtor"" According to the GAS/POR.

Now there are values that MAY return here but, ONLY IMHO if they are labeled as LITIGATION TRUST PROCEEDS and even then are held to a Maximum of 2.5% of those.

Which could still be substantial;............

[JB3136]

It sounds like your suggesting only shares resulting from 2012 to those that released will benefit from any possible future F&R all shares are now coop. I don’t follow the theory

[Nightdaytrader]

This hypothesis was wrong in 2018 and is still wrong today.

[hotmeat]

RELEASED SHARES are what matters?....REALLY???

So say I received 100K of these RELEASED SHARES in 2012 for my WMI Equity, but later sold it all.

If 50, 100, 200 etc persons ended up buying my shares, since one entity buying the entire 100K is unlikely, all of them now owns my interests in any SH Assets???

Now if those 50, 100, 200 original buyers sold, and the new buyers sold, and the subsequent buyers sold....you get the picture, how exactly does that mess get sorted out?

There are a lot of theories here that are "way out there", but this one ranks among the highest on that scale.

The only thing that matters IF the SH Assets theory is true, I DON"T THINK IT IS, are our Markers, NOT Newco shares!

Good grief!!!!

[stoxjock]

Looks like you are with "F & F" crowd of the Hedge Fund Honchos!

[MadBadger]

Totally False Theory! No where in Economics does this make any sense. Not to mention, that action comes with a disclaimer. We needed to be notified of any such actions from the very beginning and that didn’t happen.