Replies to post #94325 on Mr Cooper Group Inc fka COOP

[VivaLasVegas]

The initial BUMP as you call it, in my opinion was the NAKED SHORTS HAVING TO COVER.

There were NEW RULE CHANGES and they had to cover within 3 trade days from a specific date.


That's what the 10c to 20c in WAMUQ was

That's what 5c to 32c in LEHMQ was

not to mention alot of other stocks.

The majority of the REAL SHORTS haven't done anything yet.
Go back and look at the charts...and when WAMU STOCKS really fell out of bed and it was obvious they were going to fall out of bed.

366 days from those points could show where any pressure may come from. I just hope they have to chase because we have other positive news, but who knows.


Cheers

[MasterBlastr]

At the same time, I am sure there are plenty of those with offsetting short term losses in the current year. Still appears that only a small number of shorts have covered, for whatever reason.