Of course IT IS manipulated as it it is was from the beginning, but has nothing to do with your dilution fantasies. COOP's balance sheet is in the strongest state ever, as they confirmed today. They have millions of unrestricted cash, they are buying back their own stock and BOD just increased the authorization for more stock buybacks...
Probably some fishing for cheap shares before the next leg up...
Watch the buy/sell ratio!
Only 3 posts left...
NOW aint this just wild great beat on the street and she be DOWN $3.85 and hr and 20 into the day after a BEAT on earnings......
Bob this is a poor quarterly report! Basically $0 profit for continuing operations when you take away the paper profit(Mark to Market), available cash is dropping, still $2.6 Billion in debt and a B2 credit rating! COOP is going nowhere until WMIH bails them out again. Semper Fi