Replies to post #70410 on Mr Cooper Group Inc (COOP)

[islandcat]

Damages are paid based on the value of the asset when the damage was done. Say you are in a car accident and your car is totaled, you don't collect the value of the car as it is after it was totaled you collect the value of the car before it was totaled.

[Jestiron]

Why? Because you say it is??? JPM and GS are trading NOW what they were before the market started puking! Can you argue that WMI would not have done the same? See below.

JPM Chart
http://stockcharts.com/h-sc/ui?s=JPM&p=D&yr=1&mn=0&dy=0&id=p83580445666

GS Chart
http://stockcharts.com/h-sc/ui?s=GS&p=D&yr=1&mn=0&dy=0&id=p83580445666

We were worth more than $8 before...we are worth more than $8 now (including all of the assets JPM holds).

[rebelnazix]

Yet again you managed to shy away from WHY you think this stock cannot reach AT LEAST 8 bucks a share...Do you even have a reason, or do you post your "information" just to post?

[Bizreader]

We have a new story here. Instead of offering a reasonable PPS to buy WMB JPM has now engaged many more parties in a large fight.

The new story includes huge costs to the FDIC, additional cost to JPM, and large costs to WMI.

There is an erosion in good faith among all parties including the tax payer.

The most important intangible ASSET is the relationship between the FDIC and the tax payer.

This capital ASSET will be protected over JPM, WMB, WMI. State senators and congressman will not let this rest if the FDIC completely screws WMB/WMI in favor of itself and/or JPM.

Get real now or get lost.

The likely outcome will be that JPM pays much, much more for WMB, regardless of some erosion in the WMB brand, and the FDIC looses in court and pays out large to WMI or there is a settlement that brings reasonable market value to the stock holders and secures some semblance of trust between depositors, Congress, the FDIC and the taxpayers in general.

JPM is shooting itself in the foot by not bringing this to a close sooner rather than later. This banking story can not be kept on the media's back burner for ever!!!!!