Replies to post #122715 on Mr Cooper Group Inc fka COOP

[Sculelos]

One thing I didn't mention before. WMI is due for a large amount of tax refunds, possibly up to 7 Billion so if they also get the money from the FDIC in damages for 13 Billion plus the 4 Billion in deposits they will already have 27 Billion in assets and about 7.8Billion in liabilities.

That will leave them with 19.2 Billion, now they have bonds (About 6.4 Billion) and preferreds (Which will cost them a minimum of 1.4 Billion) so possibly take 7.8Billion more off which equals 11.4/Billion. 1.7/11.4= 6.70$ which could be a estimate for the stock, remember that WMI does not need to pay commons anything directly as it will dive or rise depending on market conditions and whatever happens after bankruptcy will determine where the stock goes from that point, keep in mind that is an extremely lowball figure and we have many other things that could add dollars to the share price, for example things not even covered in my above mentioned analyst.

-WAMU bank sell price
-WAMUfsb merger with Wamu Bank
-Providian
-Copyright violations

IMO we could end up with excess of 20$+ per common stock in case of eventual re-emergance which could take several years but JPM and the FDIC are in the pockets of each other and the Federal Reserve will give the FDIC up to 500 Billion upon request (The government prints money, it's a fact)... so it's not like they do not have the money plus reports of JPM having at least 20 Billion on hand, if not much more.

I have already written off my 25.8K WAMUQ stocks and for me they do not exist unless a settlement comes in our favor, that way the worst thing to lose is nothing and the most to gain is several hundred grand... I may be delusional but at this point if I am I no longer care. With national debt at higher then the 7 Trillion mark and mounting ever higher due to the banks what will we do.

We haven't had actual lawful money for a long time and the last president that tried to bring it back was John F. Kennedy, we know how well that worked out... either-way I highly recommend this read about money as it is highly relevant to those of us who are investing in ANY bank stocks.

http://www.jeremiahproject.com/newworldorder/prosper.html

[Bizreader]

William,

Your "Worst" case scenario is overstated.

WMI will come out of BK and therefore March is our next pivot point for strategic buying and selling. We are in no way, in the ethers if the SJ is denied on 12/18.

Or, we are in the ethers now at .11 with the chart and the patterns poised for growth.

Oh, yeah, and this whole thing could tank in a second... acts of God, death in the "family", another shock to the "system", etc. etc.

Worse case: bashers disappear! That would be the worst sign! lol