Replies to post #665223 on Mr Cooper Group Inc (COOP)

[jhdf51]

Ok thank you...makes sense...

JHD

[JusticeWillWin]

Biggest holder is Blackrock, why do you think they want to make KKR rich(er)? Now KKR is out the PPS will go much higher IMO...

No way of knowing ,what has been said and done behind closed doors. They held COOP at around 33-34 for months....now we kind of know why?

I know first hand having worked for a company that was owned by a hedge fund. They held us for a few years...while building the business, and modernizing the essential structures (computer systems, software, buying additional warehouses). Once done they found a buyer and dumped us like a hot potato.

I think most smart HF...go in looking to make X, once they are there...see ya...probably the same deal with KKR?