Replies to post #371680 on Mr Cooper Group Inc fka COOP

[dmceng]

GO4

Keep in mind that retail does not carry the big stick here. There are powerful players that are determining the fate of WMIH as we speak and at some time in the not too distant future, retail holders like you and myself will be able to sell out at a reasonable PPS, say $25/share and say farewell to our adopted WAMU commitment for all these many years. It has been a while hasn't it? AIMHO of course!!


Take Care
David

[fsshon]

Easily. When you filled out the w-9 for each security you listed the amount of shares you have at time of conversion. You then got entered into a database that used an algorithm to calculate the amount of shares you now own of the new company. Preferred (WAMKQ/WAMPQ) and commons were all converted.

YThe W-9 has all the info the company needs to reel you in when the time comes. If you"oh well". If you accumulate over the 4.5% cap, you must alert the company that you are now a majority holder and will be subjected to the rules of the courts order.

If you are a regular retail guy, your broker will handle all transactions to move you from a publicly traded stock to a privately held one. If the company is bought out, then you will have no choice, but to accept the deal the BOD and shareholders have agreed to.

This BOD has told you "this is a restricted stock" you are aware because you signed a W-9 so you could get the stock in the first place in the BK conversion process.

CAVEAT EMPOR
"Buyer Beware"

You must read the PR's.. The BOD is communicating in very subtle ways. I believe there is 26 Billion in Worthless Stock Ordinary Loss deduction. The company can be acquired for this. IMO it is what the sealed docs are all about. We will know by the EOY 2012.