Replies to post #684490 on Mr Cooper Group Inc (COOP)

[lodas]

JWW....you are right, no assets exist after the chapter 11 was closed..... It clearly states in the POR 7, that........ALL ASSETS OF WMI AND WMIIC WERE PLACED IN A GRANTORS TRUST TO PAY CREDITORS.....Rosen, and Doreen confirmed that fact also....the real reason coop is down is because of the huge open positions on the April put options at the 50, 45, and 40 strike price... seems like insiders knew beforehand that the Federal Reserve Board member yesterday was going to made the statement that inflation was going to be delt with severely, and there would be big increases in Fed Funds rate all this year in the coming months....Lodas