Replies to post #227046 on Mr Cooper Group Inc fka COOP

[Ocstreet]

It seems most everyone on this board has suggested a settlement date or timeframe based upon their DD, hunches, projected news, court dates, etc. To date, hundreds and thousands of settlement date posts, ZERO correct. I will just throw this one on the junk heap with the rest.

Settlement date posts are useless. The facts are fine, the date is where you lose me.

[PTiHubber]

Speaking as a common shareholder, I could not "live with this". The idea of this potential outcomes makes me furious to consider. I won't even speak for the poor pre-seizure folks.

I would be disappointed in our team, and Mary certainly wouldn't be a "legend" in my eyes.

[rstefan]

That was very well written,
logical thinking - it shows us that there is a lot we have to go through yet.

We all must have patients, we are so much closer than we were in march.

It's time to stay focused, as hard as it is.
Especially with all of the rumors!

GLTA
rstefan

[PUCEBF23]

realy nice senario.

I just desegree with one thing. The time frame.
the only one making money here are the so call "firms".

They will play there game, legaly, softly and slowly. The tap is wide open and nobody is interested to stop it. THJMW will eventualy, but when.

Examiner evaluation = one month. doing the work = minimum 6 month.
report anlysing by all party = 2 or 3 month. proposals and arguments an other year.

BE PATIENT GUYS.

PUCEBF

[fsshon]

The only problem I see with this excellent scenario William is the validity of the common stock. We know it has a plus 1.7 Bil O/S, but many here have specualted it actually could be at or near 2.8 Bil with the NSS positions that are out there. If this is true, the stock will be worth more on the market (because clsoing of NSS) position than it will be on a settlement table number.

This is why it is important "Right Now" to push for a name and Cusip # change, because it will make all shorts and NSS cover, which could push this thing into the $$$$ teens if the NSS is as bad as most think. Stock will be worth more on market than valuation. It is possible to push this, we just need a representative firm (like the wamuequity joinder) to push the Motion for a name/cusip change. We have the potential to make large $$$ if this theory is true, JPM/GS/MS will Shiat over it..

IMO this is will work..

~Don~

[DrDebit]

William -

Your scenario all sounds quite plausible, except I believe that the preferred back dividends, if paid, will be paid out of the goodness of someone's heart. Neither the P or the K dividends are cumulative. This means that they do not accumulate (accrue) or in other words there are no legally binding dividends in arrears. Of course that would just mean more for the commons per share.
Now the examiner or THJMW may decide that the preferred dividends had been paid prior to the seizure, and thus, since the seizure was unwarranted, the dividends would have otherwise continued, -- and use that as a justification for paying all of the dividends missed. But I do not believe that any legal obligation to pay dividends in arrears to preferred shareholders exists.
Otherwise, it all sounds reasonable and not at all far fetched. How fast can we make this happen?

GLTall

DrDebit