Replies to post #676133 on Mr Cooper Group Inc (COOP)

[redisnieurt]

More people wanted to sell the stock than there were people willing to buy it?

Just a hunch

[Tradeinman]

Someone probably came to their senses, to the fact that “coop and the tell”.

Lmao

[oniro3363]

Heavily manipulated...Its been trading between 40.00 and 45.00 since 8/30/21.

Last earnings report, was very good, beat estimates by a decent amount, stock was "allowed" to run up to the report, then squashed and sent back to 40.00-ish.

Rinse/Repeat.

Not sure what "their" end game is...but I'm at the table, ready to eat.

[SamuraiProgrammer]

My take is that it is an attempt to push the price closer to 40 in advance of options expiration tomorrow. In the last day or two, someone mentioned that we couldn't pass 45 because of options. Here are some open interest numbers to think about...

STRIKE OPEN INTEREST
45 2342
40 2923
35 5459 <---

I expect there will be continued downside pressure tomorrow. JMO. No recommendations, implied or otherwise.

[Sunnybank]

Yes... markets stink. Those enamored with bank stocks are in for a rude awakening imo.

[hexson]

Stagflation- Bond markets and stock market should have indirect relationship - The big short is on and bubble should burst soon - The canary in the coal mine will be if coop continues to rise despite all of this - Let’s see