Replies to post #82550 on Mr Cooper Group Inc (COOP)

[freddy80]

Most likely

[John Gyver]

I would not expect that at all. Every time we "expected" the PPS to jump based on something like that it never did. History shows that we can not predict the PPS.

If you were to recap every time we "expected" the PPS to jump up since last fall you will see that we are pretty much in the same exact spot as we were then (commons). The Preferreds jumped up quite a bit and have held pretty good ground but there are no clear signs as to why it did that and why it is holding.

So to say that our $.10 investment will trade at $2 after a court decision is not realistic in my opinion. I think this will play out to the "end game".... that will be the crazy FUN times for all of us longs!

So I hope we see the "end game" play out in the near future!!!

John Gyver

[climberprof]

I do not think so. The judge giving the WMI $4.4B will definetely increase the pps for all shares. However, I do not think it will jump to $2pps.

If I am not wrong that $4.4B goes first to the creditors of WMI and increases the likelyhood of commons getting something.

However, the big events, news commons will be the judge denying JPM's claim of denying the Rule 2004 discovery, and hence openning the road for ciriminal investigation for JPM and Dimon and WMI's attorney's submitting their reorg plan in October and stating that the commons will not be cancelled and dilluted.

In my opinion, when these two events happens, we will see the commons in the dolar land.

After that finding evidence from Rule 2004 investigation and the judges ruling in favor of WMI in all law suits will push the WMI's stock even higher.

Please note that these are all the best case scenarios!

I do not want to think about the worst case ones.

AIMO.

Best
Climber