Replies to post #296025 on Mr Cooper Group Inc (COOP)

[continuity]

I agree. This deal is the first low-ball offer. More to come IMHO!

[wamutrain]

tHERE IS NO WAY ARE EC WOULD HAVE AGREED TO THE OFFER. IF IT WHERE TO JUST PAY US WHAT THE STOCK IS GOING FOR TODAY. THINK ABOUT IT 2 1/2 YEARS FOR 10 CENTS A SHARE STOP IT

[gophilipgo]

I, for one, greatly appreciate what you're doing, and if the deal is as bad as it sounds on the surface, then yep, we should all be pissed.

[jhdf51]

<If Willingham receives not one, but two cushy, high paying positions after individual shareholders have done his and Susman's job for the last year, then NO.>

Love that and agree with the statement...good point.

JHD

[fsshon]

Well there you go, you feel you are not better off today than you were 1 week ago. Working behind the scenes is what most of us have been doing, the only think it got us was Nate getting some traction. I didn't have anything to do with that.. But, I did have something to do with Hoffman..

So I am better off now than I was 1 week ago. Didn't your dad teach you about how the "powers that be" operate? You want to sue as a shareholder outside of BK, have at it, you will not get any traction and you have an EC that represents you. If you wanted to change that, you should have applied for it, you would have made a good member. I like your tenacity, but when the estate is tapped out and the creditors are starting to be affected to a point of losing money on their claims, well the Judge has to listen because in Bankruptcy her concern is the creditors. Tha decreases recovery 'if any' to commons and preferreds..

Commons equity is at the bottom of the ladder and this ladder is breaking apart at the top. So, it is a good idea to follow the EC's recommendation and let the appreciation of value in RE-WMI make your shares much more valuable in the long run...

Or you can be here in one year, griping about how Susman is not saying anything, Willingham is impotent, JPM is a crrok, FDIC is a FRAUD and this case is quagmire, because that is exactly what it is! 4 new members could have easily overruled the Chair, but it loooks like they learned what we already knew, to keep the equity train on the tracks, we have to look to the future.

~Don~

[traderdon]

EXCELLENT POST! I (and other LONGS like myself I'm sure) really appreciate all of your efforts!

[backtrax]

I can agree to most of your points. But appears that EC has to relinquish "some" leverage to get any concessions at all.
Not really taking any of the PR's at face, offers are tenative and will be hammered at from both sides. Lowball as what is presented so far...it's still an offer. Only the first one.
GLTY.

[SlyOne]

In POSPOR 7, well,
commons should get to vote and get locked up.

Remember, It wasnt the debtor who wanted to shaft the common,
it was the SNH's.



Funny thing, IT DOES NOT GO AWAY WITH THE SETTLEMENT....DOJ? UST?

[tpg]

I am with you.I think something is fishy.
When we were not in money at that time we had big turn over in price and now when we know we r in money there is no sign of confidence that we are in safe hands.Looks like they are playing A BIG GAME HERE.

tg