Replies to post #128801 on Mr Cooper Group Inc (COOP)

[suprabiz2]

It is contradictory to the statement he made in the past, "we expect SIGNIFICANT recovery for the estate. I still remember how back then even many of our lawyers on this board used that statement to our favor. Theoretically, we can deduce from his words today that "the signficant recoervt for the estate" was never meant to include equity.

It is also interesting why the US Tustee is trying to intervene, it is likely because she realizes that the parties involve are negotiating a settlement with equity off the table.

[NASCOW]

I dont know about that but I think it pretty ironic that the downsizing of my share wealth was actually brought on by the Attorney and Trustee who I thought was suppose to have my back,without the help of JPM, in correlation to the recent rise in PPS through motions and talk of formation of an Equity Committee. Pretty ironic! What's even stranger was the quick drop in PPS before,before the hearing started and how the order of agenda changed placing the EC hearing at the start of the hearing preventing the pps from maybe recovering just a little before that deliberate mention of possible no recovery for Preferreds or commons.....I'm not hinting conspiracy but I am PISSED off at the turn of events, especially since I "gave a tip" to some friends that good things would happen today.....PISSED OFF