Replies to post #671205 on Mr Cooper Group Inc (COOP)

[jhdf51]

If we do drop in my opinion it will be quick...I'm not taking the chance...but what do I know...I drive a tractor.

JHD

[BBANBOB]

BALD Eagle

""Or are they holding in anticipation of possible forthcoming drop in pps attributed to dilution, affording them an ideal time to cover?""

I KNOW WHAT I WOULD DO, What would you do if if if ya thought dilution was gonna take place here, that ALSO BOLSTERS my theory, WHY HAVE THEY NOT COVERED
Since it has ONLY BEEN GOING UP UP and UP SOME MORE

[JusticeWillWin]

What one can say for sure is that everybody who shorted WMIH or COOP is in the red once this breaks $44.88 since this was the highest value ever as WMIH/COOP ($3.74 as WMIH before the 12:1 R/S). (This may not be true for WMI shorts before 2013, but I don't know in which time frame the current 5.1M shorts (as of 09/30/2021) were made)

At the end of next week, after good Q3 results and/or other positive news this could lead to a PPS > $50 soon IMO

What are the shorts thinking/doing during current upward trend? Are they finally covering, and will we finally see a significant reduction in short numbers? Next short update should be interesting! Or are they holding in anticipation of possible forthcoming drop in pps attributed to dilution, affording them an ideal time to cover?