Replies to post #747626 on Mr Cooper Group Inc fka COOP

[Boston-Bets]

Right now, COOP is trading as if RKT will be $20 (instead of $21), post merger. That's like a 5% drop, which as you say is a "normal" up/down day/week for COOP.

And there's no real reason for RKT to drop, given the improving interest rate environment, so IF it does, I'd be buying LEAPs as well.

[SamuraiProgrammer]

I think we are mostly in agreement.

I think a drop of 10% to 15% is reasonable although it may get overdone. It is hard to judge how many new investors will go away after the merger.

I hope you are right about the goal you have for RKT. It would be wonderful and with the powerhouse of Servicing (COOP), Lending (RKT), Sales (Redfin), and Auction (XOME); this could be a monster. It could be a paradigm shifting Company like General Electric, IBM, Amazon, Google, and NVIDIA. Face it, RKT is cutting the banks out of the home mortgage business.

Peace and thanks for all your informative messages!

[jhdf51]

What a wonderful post...and I concur. Those that do not own COOP with the blessing of getting 11 for every 1 and a dividend missed out.

Now talking about massive selloffs...Yes thats why Mason Morfit increased his position...(wow)

Escrow is a dream for them.

JHD