Replies to post #160972 on Mr Cooper Group Inc fka COOP

[REALtime64]

Yes i would say you are on the right Track i just dont want people to get tricked out of $$$$$$$$$$ thats due them buy selling at a quick $10.00 just read read read then you will see the VALUE IS MORE THAN YOU CAN COUNT IMO.......but i have said i will take the $24.00 offer.......

[Reptile]

Here is the problem with most valuations and settlement guesses, which is totally different than what we will get in a settlement.

If you were to start today to build a nationwide bank and acquire a combination of owned and leased properties to house 2239 branches all across the USA, almost 200 Billion deposit base, thousands of ATM locations, a credit card company and numerous profitable subs plus over 20 Billion in cash at their disposal, it would take JPM decades to duplicate this and cost hundreds of Billions of dollars...all of which JPM got for 1.88 Billion.

It took WMI over a hundred years to do this and JPM did it in a matter of months because they stole it.

Now, we're not going to get hundreds of billions of dollars but those of you who think the real value was only 26 to 52 Billion are crazy, but real value does not even mean we will get the 26 Billion or even less.

JPM would get a steal of a lifetime at $100 per share and they are lucky that WMI has a weasel like Rosen handling this. An aggressive attorney would have squeezed the discovery process to the hilt by now and I feel we would be in a much better position.

How much will we get...who knows, I sure don't.