Replies to post #346326 on Mr Cooper Group Inc (COOP)

[jackfburns]

Thanks, Catz. I appreciate you sharing your thoughts, as you know more about the issue than I.

I feel bad if they got screwed... but since I own P's and no DIMEs, I hope they lose, too.

Jack

[Lawrence 147]

Catz;

I may be wrong here It has been known to happen; but it was my understanding if DIME won there money would come from the subordinated H’s freeing up more money or shares in the new company to the common holder. In other words if DIME wins WAHUQ looses Preferreds stay the same and something could trickle down to the commons. If DIMEQ loses then there will be less for the commons and I am not sure but I was thinking they were to be somewhere between preferred and common.