Replies to post #160606 on Mr Cooper Group Inc (COOP)

[Joshfm]

It will be robbery if that is all we get. JPM would have stolen WaMu, gotten profits since the date of the heist, then pays less then their original offer from 2 years ago, even though WaMu is worth more now.

[Jestiron]

You DO realize there are only 1.7 billion shares outstanding, right?

At $1 to $4 per share, JPM will would have to cough up a whole $1.7bn to $6.8bn for all that they have taken? They would be partying WITH us in Vegas if that happened!

Personally, I will smile with anything over $2.00 as my student loans will be E L I M I N A T E D!!!

-AJest

"On the whole, it is patience which makes the final difference between those who succeed or fail in all things. All the greatest people have it in an infinite degree, and among the less, the patient weak ones always conquer the impatient strong." - John Ruskin (1819-1900)

[hestheman]

The numbers are not there to support a $100.00 settlement, however the numbers are there to support the $10-12 settlement you call a "pipe dream".IMO, JPM and FDIC would be darn lucky to walk away from that settlement because I consider that to be low-ball. I am looking for $20 plus (the numbers would support that as well).