Replies to post #710989 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

They said in the last Q1 2023 earnings call:

"We may not be able to control market prices, but what we can do is deploy our capital to grow the business and enhance returns."

And this is the strategy they follow, and it will ultimately have POSITIVE EFFECTS on the PPS I am sure...

Your post:

$48 stock only increases 0.05%(.25) on good days and the first bad market day it's all wiped out.
With performance like that how can it ever reach $50? What kind of garbage CEO, earns 9 million a year and allows this stock to trade below book value? Isn't that the value as if the doors were closed and they did no business at all? In my opinion Wall Street hates this stock and so do I. I have so little confidence in COOP that every night I pray for the 'buckets' Royal Dude keeps talking about. I cry at my ignorance for not buying apple or microsoft.
And you blame the MM's. Somehow they don't hinder microsoft which went from 30$ TO 300$.
I guess I'm a coward. I worry that if I sell COOP it will end up at $100. Why isn't it there now? You keep saying that the PE should propell it to the $100 level. Anyway, thank you for your efforts.

"MMs let it fly to the next level when they covered more shorts and accumulated enough shares that they can sell during the next leg up IMO"