Replies to post #193337 on Mr Cooper Group Inc (COOP)

[WaWaW]

I don't think more longs will add to the PPS, isn't that why we haven't moved in a month? because a lot of the old shorts are NOW longs? (i being one of them)

This is a good thing, imo. It will be followed by a run. Once the shorts go long, we'll get a little pop in price, imo.

[strikehold]

According to short squeeze.com we only have 40m shorts out of 1.7b. That’s a small percentage and I wouldn’t expect to see a little pop unless they all try to cover in the same day. I expect the MM to continue to play their games and hold PPS down while they cover their positions slowly. Example: We get a ruling in our favor and the PPS goes down. I know this is pinks, but it just make you go Hmmmmmm.