Replies to post #153629 on Mr Cooper Group Inc (COOP)

[remington2000]

1st reason I am still buying.I said the exact same thing almost verbatim to the person who told me to look at this cause he knew what I did in a past life. I said to him "You will not beat the FDIC, or JPM. The powers that be wont allow it to happen, they will say due to exigent circumstances we can do whatever we want" (sorta like eminent domain type of screwed). (maybe it was me who said that to you lol) I bought a small block of stock anyway. Then I went to annual Superbowl Sunday morning skeet shooting with some friends and met a BK attorney who drove out with us. I then laughed and asked him a silly question. " Are you familiar with this WAMU case going on?" I swear on my life I giggled like a little child when he said " O, ya. Ya I know the case very well. Do you own any of it he asked? I said yes what do you think?You actually might get money down to the commons with that case, that was a very messy takeover". I went further to say to him what your friends said to you (verbatim) and he said that this case was not a normal BK and that this judge is the one you want to have that case in front of. USED HER NAME LIKE THEY WERE FRIENDS> He had been in her court before. This is my truth take all with a grain of pessimism cause I would if I were you.
Then I did my own DD, found this board from friend who recommended WAMU to me, and with some more research provided here made an informed intelligent investment. Still buying!

Best
Z

[Desperado90]

Dude, the so-called experts you spoke to don't know the facts and don't know their history.

Here are some study topics for you and them.

1. When was FDIC founded and what is their Charter?

2. Please see court documents clearly stating that JPM broke confidentiality agreement to purchase WMB only from WMI.

In contract law, when you break confidentiality agreements, the guilty party would be sued out of their mind. The clear fact that the FDIC provided JPM $500M to defend itself against WMI because of this is telling.

Watch and Learn. You will notice that WMI and other parties have signed confidentiality agreement to ensure all discovery documents are sealed. Makes you go hmmmm.

GLTY and tell those guys they are full of crap.