Replies to post #657386 on Mr Cooper Group Inc (COOP)

[diamondguru-one]

I LOVE YOUR JMO !!!!! fingers and TOES crossed !!!!!!!!


To illustrate the impact of the MBS, for each $10 billion recovered each Class 19 security receives par and each Class 22 security receives approximately $2.10. Therefore, by Plaintiff’s estimate the $600 billion in MBS would provide as much as 60x par to each Class 19 security and approximately $125 per Class 22 security, both payable in Mr. Cooper Stock."

I am excited for that also !!!!!!!!!!!

IMHO COOP will crash to about $12/$15 dollars when this goes down...

than 30/45 days later after the HUDGIES/MM's steal all peoples shares when they sell !!!! it will fly over $75/$100 IMHO !!!!!

[yes9]

RD, so if someone has 10,000 common escrow shares, 125 a share would be equal to $1,250,000 in COOP stock? Is that right?

[SamuraiProgrammer]

I missed replying to this earlier.

As I stated in the 'math' post and another post later...

I was using AGs numbers. I do not assert that there is 600B waiting for distribution.

I can believe there is 600B in the MBSs but I don't believe WMI had 100% interest in that total (as you stated).

I think the 15% to 30% expectation is much more realistic.

As AZ is fond of saying, we all have to wait at the same speed (I hope I got that right)