Replies to post #69185 on Mr Cooper Group Inc (COOP)

[Lawrence 147]

It all has to do with risk assessment. If you believe the P & K are going to be paid in full then they are by far the better place to put your money. If you believe that the wamuq’s will see more than $4.00 then they will be the better place to put your money. Remember real and perceived values are two different things. Just like the BB and the Pinksheets are two different animals, the pinksheets are far more likely to trade at a perceived value as there is little if any actual financial information to base your decision on.

[Shomidamoni]

The way I understand it, WAHUQ is first in line to get paid before the preferreds WAMPQ and WAMKQ making it a safer bet. That is why it is trading at a higher pps.