Az forgive me for adding to your post. The reason the Capital Trust derivatives are so important to Mr Cooper is most of their bond debt is rated B2 one atom above junk! They need ct derivatives to refinance their junk bonds. If they would default on their bonds COOP shares would be worth $0! Thank you AZ! Semper Fi
So basically you're suggesting, that all that COOP needs to do to keep us "away from our F&R" is to just split their stock for the next 100 years again and again to never make that "debentures" available?
Why should they wait for years to make such available for them? Just one resplit and the whole thing would be done? They reorganized in 2012 so why the need for 10 years of waiting?
maybe try speaking in less obtuse manners. Just sayin.. I really hope this holds on to the %50+ COOP TELL line you put out there. Can't wait for the COOP TELL today right? if it closed over 50