Replies to post #353184 on Mr Cooper Group Inc fka COOP

[uzualsuzpect]

I will say that I am not the most intellectual person of the board - I am the second from last... You still do not make sense.

Even if you got the full 30% and dime got squat, which is iffy, the newco's value would have to trade (if it even trades) at double the estimated plan value to break even holding commons at 7 cents.

Kmart comes to mind. Still... Just sayin'

[byrddog]

Now be honest, would you believe it? Or you would suggest that I am 'spewing garbage'?

LOL. After being here as long as I have... I can believe almost anything.

Now, back to the "death traps"... After looking at your reply, I can only draw the assumption that you gave zero consideration for the NOL value in your calculation. With that being said, I believe that the NOLS carry much value into the new company so my calcs are different from yours.

Can you provide a better explanation of what you feel the death traps are? I promise to keep an open mind, if you will share them with us.

If you could put them in bullet points so the rest of us, non-EC retirees, could better understand, that would be helpful. LOL

Byrd

[oilstrike]

Horse Feathers.