Replies to post #302946 on Mr Cooper Group Inc (COOP)

[castboy]

The honest answer is NOBODY KNOWS!!!!!!!!!!!!!

[ilenes]

It really depends how its done, dee.

If it is a cash settlement, then the money would just show up in your account and these shares would stop trading.

If it is a share swap into the new reorg, then the shares could and probably would trade wildly, based on the assumed valuation of the new reorg...think of a hot IPO...let's use the recent IPO of LinkedIn...the shares were priced at $75 (I think) but because the issue was hot, they immediately traded up to the mid 80's.

The answer "nobody knows" is partially correct, because we don't know either the value/price or details of the transfer of that value to us.

Hope this sheds a bit more light on the subject...

[es1]

I am no market guru but there seems to be a bit of logic here that is being over looked. Everyone seems to be under the impression (or trying to make the impression) That we will wake up Friday and have anywhere from $1-$100+ per share in our account. That is not how this works logically.
Yes they may freeze trading and pay us but the chances are this will go on trading no matter what the outcome. If we get info saying we are worth 5 billion we will climb until our PPS reflects that 5 billion then drop back and trade there like we are now.

It really comes down to what the people are willing to pay. Nobody is going to come out and say "We are done. The shares are now worth $XX.XX."
The DD done will decide the price like any stock. The institutions will have the DD done and know the value of the shares and will begin buying them until they hit the target. We are all just along for the ride.

If you are new here I suggest you just read as much of the ibox as you can and then buy. You really wont have a chance to learn everything here in time for the expected filings. Just my 2 cents worth.
Also would not listen to anyone here with less then 1000 posts on this board. The rest are probably pumping the hype or are like me. They think they understand the case but are about 98% ignorant.
I am hear because I read enough and sat through enough hearings that I am sure there is something wrong in wamu's seizure and I feel someone will pay to keep the truth hidden.

I dont remember when I first bought but it feels like forever.