Replies to post #709181 on Mr Cooper Group Inc (COOP)

[PickStocks]

Could we see a repeat of 2008 as the government bail out first republic.. could be a few more banks fail this year

[jhdf51]

I wish this thing would not have such a tough time bumping $50...what is your opinion on that?

JHD

[STRIKEEAGLE]

JWW... IMO... the stock price is not going to hit $50 +... EVER, at least not until their cash flow improves. Cash flow has decreased over the last 3 quarters and was actually NEGATIVE for the 1st quarter 2023.

Cash is king... revenues, income and any other measure is great, but nothing beats cash flow.


AIMHO, STRIKE