Replies to post #711798 on Mr Cooper Group Inc (COOP)

[raggi65]

Whether this message (PPS @ $50 +) also had inglorious intentions, we will probably know pretty quickly after the expiration of all statutes of limitations. If one will feel very lonely on the relevant message boards afterwards, one will possibly be very close to the philosopher's stone ...

[ron_66271]

Please Let’s Look Again at the $50 PPS Strike Price.

Yes I have read the document.
The $50 PPS is for the PIER’s PPS, Not WMI. Furthermore old WMI is $50/12, not $50PPS of COOP.

The PIER’s became mature if the PPS remained $50+ for the stated time.
True; it didn’t happen to reach $50, only about $35 of Face value.

The PIER’s claims are satisfied in full do to the Insider Trading Court ruling/settlement with the Equity Community.


The Trusts proceeds belongs to the Debtor WMI.



Ron

[Boris the Spider]

I do not ascribe to the $50 theory.
But I do think the 15yr statute theory may have legs.
It's the only thing that has made any sense thus far as to why this delay has occurred and why the big boys haven't sued for 5th amendment unjust taking.
They waited patiently knowing we needed to get past it.
Who knows for sure, but it makes sense why in the past it was said there could be no settlement with pending potential litigation.
If no settlement occurs after the statute passes, then I contend lawsuits will be filed against JPM and the FDIC.
And with billions involved it's all but certain.
I also think the hedge funds are willing to take this all the way to the Supreme Court if necessary.

[jb92106]

BoardDork,

I have the same understanding with respect for the $50/share.

I will add, that something feels different about this price increase. I don't think it's another head fake.

~jb