Replies to post #316852 on Mr Cooper Group Inc (COOP)

[marayatano]

Good to see you Chaarles!

Agree completely w/ you, but if the GSA stands, we have no choice but to work with what's on the table.

Debtors can use avoidance powers, but they choose not to, so we, as WMI, are stuck with the "liability" at this point.

Also, all the PORs listed them (TPS) as Class 19 (if I remember correctly), with a $50 million in consideration (or choice of JPM stock).

I am still trying to be conservative with a worst case scenario as far as what we, as equity, can recovery (or profit).

HF made BK a dirty business, hopefully, we can beat them, or ride coat tails.

Stay diversified.

IMO of course.