Replies to post #296194 on Mr Cooper Group Inc (COOP)

[wamuvoodoo]

u got it brotha i also said the same ....i'll be here with the long n strong ...the only thing i don't understand about your 2nd offer deal,is for them to put the 1st offer out wouldn't willie willingham have to agree to it ...so how would they come out with a 2nd ..they just threw that 1st offer at bear stearns right in the begining ,they they knew the holders were getting lawyered up and knew they would have to give a better offer,we been going threw this almost 3 years now..get what i'm saying

[Jacked]

10% is good for the day. At least were not in the red. 7 to 10 days means business days right?

[gophilipgo]

The first offer isn't going to be made any more public than what we've already seen in the latest press release. If and when the EC finally agrees to a settlement, that's the final offer, and it's the only one we'll see. That doesn't mean the plan will get confirmed, particularly if it's awful, because many shareholders (and possibly TPS and DIMEQ) will raise hell. But we aren't going to be privy to any negotiations or "first offers". If the EC agrees to a crappy offer, we'll have a tough, lenghty road ahead of us, and you can be certain it won't be a "a few days for the next offer." If you think that, you're dreaming. With an EC-approved plan, there would be no incentive whatsoever for our adversaries to suddenly up the ante. They haven't caved in to pressure previously, and with the EC out of the way, they certainly wouldn't suddenly give in to a group of angry shareholders.

That being said, I'm holding out hope that the final offer will be good and that Willingham hasn't sold us out.