Replies to post #117068 on Mr Cooper Group Inc (COOP)

[rainbow1111]

What if the JPM price is high when we get the shares, then drops by 50%. I wish them well so we get full value.

[rickszy]

Depends on the ratio.

The thing that JPM has to consider is how its current shareholders will react to a stock swap. A stock swap settlement would most likely impose a 30 to 90 day “holding period” for new holders – us! There will undoubtedly be some sell-off at the end of said period, and current JPM shareholders will be more apt to live with a % pps drop from $44.00 as opposed to a % pps drop from $35.00!

JPM has to be very careful and account for all possible scenarios of a settlement of this sort. That is why a combo stock swap/Cash settlement is more likely.

Either way, WHEN is the more important question! We are still sitting on a ruling for the 4B as this grinds on.

IMHO … rs