Replies to post #138201 on Mr Cooper Group Inc (COOP)

[fsshon]

Actually IMO: it tanked because the shareholders of JPM feel they are getting shafted. JPM can pay out 29 Bil in Bonuses to its employees, but can not spare 10% of that for shareholders. That is why it tanked! Jamie has publicly said on Wed, that shareholders do not matter and should lose it all if the management risks the company. Shareholders are like DAMN HE REALLY IS A TYRANT! GOOD-BYE!

They are exiting "stage right" and not coming back. Especially with the well-publicized (internet) WAMU fiasco settlement or judgement that could drain the companies CASH!

IMO: I do not want JPM Stock for my shares of WAMUQ! I am not sure of the legalities of being forced to accept a stock swap, when the evidence clearly indicates criminal acts that casued shareholder value injury. Maybe I can find something in the Internet Library.

~Fish~

[Docsavag]

Rramirez, spot on. ANY time a company changes its dividend, with the exception of increasing it, of course, the stock price will decline because of the "message" given investors. The last thing a company wants to do is cut back or delete its dividend due to the expected interpretation by the market. Your comment with respect to JPM holding onto cash due to the pending settlement also raises an interesting point to me...cut the dividend and impact the shareholders, no big deal...however do NOT touch bonus compensation ...this is a real message as to the self serving attitude of these financial institutions. We saw this in the hearing earlier in the week as well, when Lloyd was questioned on selling securities to clients and then turning around and shorting them. His response (paraphrased) well, it may be improper, but we're acting as a market maker, not a fiduciary.

I hope people wake up to see these folks for what they are ... decorum will make me refrain from spelling this out.

[acountmakr]

Yes, JPM actually beat the moderate projections on EPS, but missed the high post of EPS and revenue. I also believe that the JPM folks are going to cost-cut the shareholders and circle the wagons. I'm wondering if there will be a possible stock settlement instead of a cash settlement, based on the way that stock holders are getting a little shafted.