Boris, you commented on JWW's post that follows.
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Jww...imagine the pps when the 2.5% hits.
Could be meteoric.
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I do not believe they will let the price skyrocket into the hundreds of dollars per share and as many have witnessed they are having a hard time keeping the price as low as they have. So, to me, it would seem before it becomes glaringly obvious, that there will be a positive financial event that will keep the price from going into the hundreds of dollars per share. The following MAY play a major role in the upcoming COOP financial event.
1) Remember, there are ten million Preferred shares that are shelf-ready and authorized to be used on a minute's notice plus these shares were never reduced in the October of the year 2018 Reverse Split and were never reduced since they were authorized on the (ED) Effective Date of March 19, 2012.
2) There are 300 million common authorized COOP shares to be used on a minute's notice
3) COOP has purchased 36 million common shares of its stock which has lowered the outstanding stock to around 64 million
4) There could be a forward stock split to lower the COOP price when the future value (2.5% and/or Xome monetized) comes to pass
5) COOP could be taken private in a very cheap takeover with ultimate value continuing to be legally obfuscated
6) I predict relatively soon that we will see an exciting event for both investors who signed timely releases by 3/2012 and those investors who hold COOP and did not sign timely releases. I believe the financial event will have to do with COOP paying those investors for some assets those investors who signed timely releases for their ownership in the former WaMU Estate
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