Replies to post #697571 on Mr Cooper Group Inc (COOP)

[oniro3363]

I agree! and let me add....that something "FISHY" has been going on with COOP for a very long time...not sure what the end game is?

Not to point out the obvious but, 200M / 39.XX = appr 5 million shares...add that to the rest that they own....and its a massive sum of shares .And a massive amount of money spent acquiring those shares..

[JusticeWillWin]

Book value increased to $58.18, so repurchasing their own shares below this value is extremely accretive for COOP an their shareholders. I do not think COOP BOD caused this drop to buy back shares, but rather shorts covering and MMs preparing for the next leg up IMO

Something really Fishy Is going on...The company 'slips it in' in the 8-K that they are allocating another $200M for Addl Stock purchases and right 'on cue', the PPS Tanks! Its as if the PPS is 'deliberately' being pushed down or COOP Mgmt knows for sure that the PPS will drop much more in the next few months! Hopefully we get some of our "F&R" $$$ soon so that we can also 'jump in' with the COOP Mgmt and load up on COOP "On the Cheap"...