Replies to post #105881 on Mr Cooper Group Inc (COOP)

[drrugby]

LG,

Short covering Theory.

Hypothesis:

PPS might tip the hat of our future share price..

Summary:
1. Share Volume typical of 1.25% shorts covering in a given period.
2. 51.3m Shares short cover.

Shorts may or may not cover.

But if the shorts completely cover:

51.3m/.0125 = 4.1b shares will trade

And if they trade in a very short time.

WAMU PPS should easily be in the one to two dollar range.

And if a settlement is going to be approved by THJMW.

I believe the shorts will cover.

DrR..