Replies to post #154756 on Mr Cooper Group Inc (COOP)

[eyeownu]

seconds :)

[freddy80]

the PPS will climb so fast you can just sell if you want cash right away.

[RDG013]

tm, keep in mind that it is still if, not when we get a settlement. With the close govt ties, I am not going to count my chickens until they have actually hatched, but do feel that enough has transpired to make this a hihgly likely outcome.

That being said, I fully expect that if we get the settlement, there will be both a cash and share swap element and would assume that the shares involved will have a minimum of 6 months restriction. Depending on how investors view the future potential of JPM and most likely also short interest that would need to close before the the cut off date, the current price of WAMUQ could very well go beyond the total settlement/share price, where you could cash out for more now.

[umaw]

tmbl4ya,

If a settlement is reached, then the price will immediately rise to the settlement amount and the stock will trade at or near that level or a HALT will be put on the stock at the settlement price. Either of these two senario's are possible depending upon if JPMC retires all outstanding shares or if there is a stock swap for shares of JPMC. If the ladder, then the stock continues to trade. If the prior, then probably retire all outstanding shares for cash.