Replies to post #157301 on Mr Cooper Group Inc fka COOP

[up and up]

vegas it is sir

[ItsMyOption]

Fish, or anyone I am still trying to understand this game short selling MM are playing.

If they are following the news they should understand the gamble in holding WAMUQ short.

If the judge rules as many of us expect a SJ in favor of the EC this stock should run.

My bet is JPM and FDIC are hoping they can convince the judge that any SJ order will be held in confidence not to be released until the parties can work out settlement. This settlement would happen over the week-end.

Understanding the close ties JPM has with MM, we would all know a settlement is eminent if we see a big run Friday – giving time for shorts to cover.

My question is - If on Friday we have a close of .30 but the settlement terms gives us a ratio of WAMUQ – JPM shares does the short market have to cover at the close price? Or at the value of settlement price?

[acountmakr]

I already live in Vegas, so technically, I don't need to go anywhere.

if the judge grants SJ, there won't be any way to keep it "hush" since the court is open to the public, correct?