Replies to post #153192 on Mr Cooper Group Inc fka COOP

[argc]

So many bashers are here and yahoo today pretend to be a shjareholder try to spread negative info by asking "questions" , something good must be coming . And pls don't feed the animals.

[Joshfm]

Let's say you have the ability to hold the price of this stock down. Would you like to buy this and get an 800% return or an 8,000% return?
That and most people, including most former WaMu employees, have no idea what is going on.

[ABIGIDIOT]

thanks a lot to everyone who put forth all the effort to answer idiots like me

no problem. and, in fact its a relatively easy answer, which you can convey to your friend if need be, or just understand it yourself.


washington mutual is/was a massive conglomeration of assets, and liabilities held in various capacities. the machinations to unwind it are equally as massive.

as it unwinds further, you will see the shareprice move from .22, as of today to well over $ 16.00. this will be done in stages, or in one fell swoop.

hope this helps.

[rickszy]

Simple answer - because it is currently undervalued some $15.78!

Seriously, read the iBox here! No single post will convince you of the potential value here! … rs

[fsshon]

Because it is completely controlled (just like Lehman) by the Wall Street elite. If JPM has anything to do with wrongdoing in a company,they get the traders to cover their butts. NITE is working to keep this stock down (daily). NITE holds 41 Mil shorts on this stock. NITE has been a problem for awhile, but once they lose control, they have to wait for volume to drop off to regain control.

Another thing NITE (JPM) is doing is, they are doing double prints of sales/buys to make it look as though the stock is even on sells and buys. I think this is where they are shorting. They are continuing to short all classes of WAMU stocks. What .22 does for you is allows you to accumulate more at a lower price, before we move up to $1 very soon.

~Fish~

[dred scott]

RE: WHY WAMUQ IS TRADING AT .20 TAXX, Research General Growth Properties Bankruptcy and You will see that becuase a stock is trading at ONE price does not mean that is the TRUE value.

The stock was .34 cents, they took a solvent company into bankruptcy stock is over 13 dollars in less than 18 Months


The best Book ever written on distressed debt investing is

The Phoneix Approach by William J Grace please check this book out