Replies to post #80447 on Mr Cooper Group Inc fka COOP

[jhdf51]

Think $2-$4 is reasonable providing...(big if) we get anything?

[Docsavag]

I hear you folks, but I tend to be a bit more optimistic here. One question that comes to mind is that why would the preferreds get a partial? Anything can happen, of course. I also think that the funding will be sufficient enough to make the preferreds whole and the commons achieve a bit more. It's just an opinion, and we know we all have one of those as well as the point where some emanate. I tell my kids to reach for the highest point, as the lower ones will always be there. This is no different.

[trailblazin]

granted I'm an optimist....but while I agree w/ your commons estimate, (although I grant it could be higher) I think you will be proven to be way too low on the preferreds estimate. I'm guessing full recovery there. We shall see : )

[climberprof]

Jerle,

I will be happy for $1pps and $2pps would double my investment! However, those invested in WMI through their 401K for years, even $12pps would be not enough for them. I am really sorry and I feel very very bad for those. IF WMI was not seized, with the TARP funds, they might have a real good chance to survive and go back to their high days. It might take 5 or who know 10 years may be, but at least there would be a chance. That is why I am saying that

REVERSE THE SEIZURE!

Best
CLimber

[AccipiterQ]

if pref's don't pay out in full I'm pretty sure commons get jack in that case...unless you're talking about runs this makes on news?

I could live with $4...it'd give me enough juice to go play in other sandboxes..