Replies to post #174341 on Mr Cooper Group Inc fka COOP

[argc]

So you didn't see the script and do the calculation? Pension fund goes to JPM and JPM assume all the L . Chance looks good P can recover from 120-240$.
But that's outrage offer and should be shoot down by EC anyway.

[Jestiron]

JJSeabrook. How did YOU manage to find your way HERE? Please don't jinx me like you did with CSHD!! LOL j/k

[scottgjohnson]

I hope you ate right about having at least one more bounce, I lost $$ on this on Friday, and then I bought back like an idiot, I just want to see .30 one more time.

[BullNBear52]

I agree with pretty much everything you say. At the end of the day the commons will get wiped out and the preferreds are not in much better shape.

Too many people chasing too few dollars with no support from WMI.

Even the EC's lawyer was MIA on Friday even though everyone knew a deal was being negotiated.

Where I disagree is suggesting that this might be worth a play. Both commons and preferreds dropped today.

This is not a play for novice investors. The serious cash came off the table last week. Anybody who buys back in now is betting against the house.