Replies to post #702712 on Mr Cooper Group Inc (COOP)

[MadBadger]

Now, what doesn’t make sense to me is why my Preferred Shares DID NOT RECEIVE A DISTRIBUTION on the same day as the Common. I have yet to receive a Distribution for my Preferred Shares.
ECONOMIC 101: PREFERRED SHARES GET PAID BEFORE COMMON SHARES.
My WAG IS: PREFERRED WILL GET A DISTRIBUTION FROM THE DISSOLUTION AND WIND-UP.
Also, I wonder why did they use Sell as a Transaction instead Canceled.
To my understanding a “Sell”equates to a Exchange of Money.
You can’t categorize a Sell for Zero Money. It wouldn’t be a Sale, it’s a Cancelation .At the least N/A Not Applicable would be more appropriate.