Replies to post #265552 on Mr Cooper Group Inc (COOP)

[WickedGame]

Nugget, I see your point given what we have in front of us....but 12$ is still a really good deal. They want all of WaMu's proceeds for nothing...but they will have to pay.

I don't care if they're backed by Obama and his oligopolist tendencies. I want my money!

[mattchew]

Crazy?

5.5 billion value of 18 billion NOL. We are in the money!

5+ billion BOLI/COLI.

Knock off .5 billion contract interest bondholders.

Put a value on the litigation claims (2x value plus).

JPM pays the difference between 1.88 billion and a company with 300+ billion in assets that has yet to be valued and we are in some serious money.