Replies to post #356018 on Mr Cooper Group Inc (COOP)

[Ed Dantes]

Yep...and again, no disrespect.

I think for many, the U's hold a lot of sentimental value, and that is what a big issue is, they are hard to part with, they are like members of the family, lol. People have had them for so long, and believe in them so much that they don't want to say well just what if they still have a chance to blast off. It's like rooting for your favorite team and they are down 35 in the 4th quarter. Could they come back? Well.....about less than a 1% chance they will, but people don't want to miss the greatest comeback ever so they don't leave or turn the game off.

Me, I shut my TV off after POR7 came out and I know how Im voting, but I hope U's dont get totally wiped out, that would be terrible, but I think it's something people have to at least be aware of. All IMO of course.

[Bizreader]

Good one: you write: "Heck lets put up a scenario here. lets say the sheeps flock in mass and the pps reflects the actual conversion price into new shares for the commons. Do I still think its a good buy? of course I do because I know despite the higher conversion ratio in the prefs that the market value of the new company will go up over time. So to me its no big deal just staying put and adding to all 4 wamu flavors until I am unable to anymore. "