Replies to post #22003 on Mr Cooper Group Inc fka COOP

[Ogclip ©]

Yes, but who's to say that once the price dropped you'd be able to accumulate shares..

I guess what I'm trying to say is whoever is buying is sitting back and accumulating on the bid, which is also helping to maintain the PPS.. On a normal day where 65% of the trades took place on the bid the price would be significantly lower.

[marayatano]

That is because there is more than one MM on the bid. If one MM drops the Bid, then the MM above will accumulate the shares. It is basically, first come, first served... MMs do not want to fight over shares and try to make "civil" to not initiate a "squeeze" between themselves.

You got to remember, there is about 200 million shares short. The amount of shares naked is unknown. It use to be over 400 short. Short covering has been occurring...

Shares are scarce... About 80% of the shares are owned by institutions. MMs and shorts needs YOUR shares to cover.

News is eminent.

5 Billions belongs to Holding Co.

Once there is an equity holding committee, WAMUQ shareholders are able to be represented at the table and have a say as to the disposition of assets of the Holding Co.

Too many to list. Too lazy to list them all.