Replies to post #382184 on Mr Cooper Group Inc (COOP)

[Large Green]

lawson, at this point in time to a WMIH "believer" the PE ratio is totally meaningless. If one believes in a WMIH business plan that will be forthcoming possibly any day now, then those people who have to buy a little at a time to build a position will have to buy at whatever.

Again, that is if they believe once the WMIH 8K is filed discussing the business plan, then WMIH will be reassessed and will trade to whatever this value appears to be on the very next trading day following this announcement. One would have to believe they would not make an annoucement that would carry the stock at much less than $10.00 a share and potentially much, much higher.

So if one believes in this case, then the PE ratio is totally meaningless at this point in time.