Replies to post #2279 on Rocket Companies Inc (RKT)

[stoxjock]

Yes. It WON"T "ADD UP", Unless the WaMu "Assets" are going to be 'bought', 'behind the scenes', under this "Merger/Acquisition"....RKT is just a POS stock, in the Current "Housing Environment"...

Of Course, they can Talk about all the "Synergies" and "Accretive" to "Revenue" BUT "Accretive" to REVENUE WON"T Flow to the "Bottom Line" of the Income Statement, Unless they LAY OFF all the COOP Employees who were "servicing the Mortgages" that COOP had....As it is, COOP itself had become "Lean & Mean" after the NSM "Merger", so I do not know how much More "Lean & Mean" that RKT-COOOP can become...

[BBANBOB]

Capt
This has been a calculated process for many yrs to create
a HUGE MEGA MULTINATIONAL FINANCIAL CONGLOMERATE
People need to seriously think about this
If IF IFIN WMI had 635 Bill in Mortgages in 2008 in force at time of seizure ONE HAS TO ASK WHAT has that generated in income prior to the seizure let alone since seizure.
Let's Play a game, what if they owned JUST 10% beneficial interest position in the 635 bill, that would be 63 bill per yrs X's 17 yrs, that would work out to be over a bill in earning so far.......................

I still suggest that they held more than the min 10% required