Replies to post #276675 on Mr Cooper Group Inc fka COOP

[mmafr]

If we’ll get the FJR, it will put equity in the money, sure, but only the prefs and only about 2,9% (means 29$ for the Ps and 0.725$ for the Ks)

[uzualsuzpect]

That sounds pretty good and I hope that would be the case. That would put equity in charge at that point and we'd see some serious scratch.

Insider trading IS about valuation...If insider trading is found it will (at he very least) change the coupon vs fed rate. This does two things. The rate change alone changes the whole game.

First it puts equity in the money and second in causes a whole new EVALUATION issue because this would effect everything in the POR top to bottom. POR would be useless imo...

[cicimici83]

that would be very sweet.