Replies to post #24849 on Mr Cooper Group Inc (COOP)

[newtrader2007]

monkish

Per all news today and court filed proceedings I see nothing yet that judge has ruled on! Respect your post, so please post where is a done deal.

The big boys arent buying in yet I see and they will when judge makes FINAL ruling if in WAMUQ favor on 4.4 Billion.

newtrader

[pitadog]

Seems to me, the real question is if JPM bought the good assets then wamuq will end up owning the 4.4B cash plus whatever assets that JPM didn't want. So, those assets may not be worth much.

Given that 4.4B cash is awarded to wamuq, how much are the liabilities to creditors? These are the questions that can't be answered at this time, imo. Seems impossible, at this point, to determine the net worth of the corp. btw. if and when that determination is made, imo, there would be huge block moves either up or down from the money people on Wall Street. Better watch the L2/t&s. jmo....dog