Replies to post #724551 on Mr Cooper Group Inc (COOP)

[goodietime]

"Unfortunately, IMO, we had a horse in the race... but the race had already begun, without us (equity). Don't forget, the takeover was planned well in advance... and therefore, only those on the inside at that time (before takeover) understood what not only was going to happen, but had THEIR ducks all in a row before that fat but had THEIR ducks all in a roweful day. Nothing was going to prevent what rolled out after that Thursday. Whoever were the recipients of any monies, wherever they might have been, if any... are long gone and in the hands of anyone else, but equity."

" but had THEIR ducks all in a row"


EXCEPT..... They didn't get the Holding Company......OOOOOPS!

[newflow]

STRIKE.....its was not about the funds, it was the assets debtors/creditors wanted for themselves and they tried their best to put Equity out of the equation.Assets not belonged to reorg WMI were put into WMILT for the benefit of creditors and equity holders thru GSA.Thats why the court appointed Administrators(former executives) to administer the Trust and its wind-up.In the FAQ released by WMILT in Jan 22 they clearly mentioned that they won't give any updates further,why?.Usually insiders are appointed as Administrators because they know where the bones are buried and they have to update original books and records.Trusts like WMILT could take 5 years to 10 years IMO.But, IMO they already parceled everything to DE and looking to buy or merge with a Bank or Bank holding company.GAME IS NOT OVER YET.

[BBANBOB]

Strike

THINK REAL HARD about this statement

""we had a horse in the race... but the race had already begun, without us (equity). Don't forget, the takeover was planned well in advance... and therefore, only those on the inside at that time (before takeover) understood what not only was going to happen, but had THEIR ducks all in a row before that fateful day"""


IF IF IFIN that in fact WAS/IS the CASE, why then did TEPPER E'TAL risk everything with their insider TRADING SCHEME (AFTER THE TAKE OVER)????????????????? AND GOT CAUGHT, which ALLOWED US to ALL participate albeit the JUDGE did slap them pretty hard with the payout matrix that was COURT ORDERED NEGOTIATED AGREEMENT to allow all to participate.

When this all settles down and pays out, I feel many here will see JUST HOW MUCH THE JUDGE COST them with her slap down

IF we lose they TOO LOSE, and I for one do not believe they would have risked everything, FOR NOTHINGGGGGGGGGGGGGGGGGGGGGGG if IF IFIN nothing is gonna be there for them and consequently AVG JOE SIX PACK LEGACY HOLDERS that hold the very same flavors that they do..............

Just my .02 cents all imho


COMMON SENSE AND LOGIC USE THEM THEY WORK .