Replies to post #348065 on Mr Cooper Group Inc (COOP)

[gophilipgo]

But Large, they have to pay taxes regardless of whether or not commons are wiped out. It's a myth to think they don't, and it's been debunked here a few times with facts to prove that.

With that mind, let's say someone opened an NSS on WAMU on September 22, 2008 at $3. Let's say they covered on September 29, 2008 at 3 cents. That's a 90% gain in one week. Don't you think they'd prefer to make a 90% gain in one week than to wait 3 years to maybe, just maybe, make a 100% gain? They could turn that 90% into a much larger profit than they could by waiting three years to only potentially get another 10% gain. I just don't buy it that there are still billions of naked shorts out there.