Replies to post #44280 on Mr Cooper Group Inc (COOP)

[climberprof]

I really do NOT own any preffereds at all.

I bought WMI just 3 days before the seizure and I lost a lot. Then I start average down my cost as much as I could. I have 50K WAMUQ at average $1pps.

After I read bunch of thinhs about preffereds, I start learning about them myself, trying to figure out if I buy some preffereds just in case of liquadation. Well, I still haven't bought any preffereds. I do not have any more $ to buy (unless I sell something from my already reduced portfolio) and since TPG has MANY WAMUQ, I feel reasonably OK to go with WAMUQ.

As long as I have time, if I see something on this board which does not make sense, I will try to respond even if it is about preffereds which I do not own.

Climber
Best