Replies to post #98148 on Mr Cooper Group Inc (COOP)

[The Godfather]

or the shorts covering before the settlement? How much are people short anyway? Looks like the buying is endless..

[Shomidamoni]

This just keeps shooting up. Closing will be very interesting.

[climberprof]

Mordicai

I do not think that FED is buying.
The recent rise up on the pps is due to just speculations, I think. Daytraders saw the climb on Lehman before their first anniversary and thought the same think might happen to WMI as well and they pumped the pps. You can see this with a lot of these "new" posters on the board. After Sept. 25th, most of them we'll go away and we will not see them until the next big deadline/anniversary etc.

I should admit that I was not expecting this much increase in pps without some kind of solid news from the court (unless there is some solid news, decisions etc. that we have not heard).

I think that when this stock between $0.02-0.15 it was a buying oppurtunity. When it rised to $0.40 it was for sure for "some" it was a sell opp., but for us, long holders it is still "MUST hold" oppurtunity untill the end.

I think at this point it is not a buy oppurtunity. I think we will see that before this Friday or at most before next Tuesday (after Sept. 25th) is over, the pps will decrease a lot! AIMHO.

I will hold it anyway!

Best
Climber