Replies to post #389566 on Mr Cooper Group Inc fka COOP

[jhdf51]

Not sure of anything..Notice i said "hopefully"? Perhaps it will be .50. I don't know. I have alot of P's and I am "hoping" they see full value.

respectfully,


JHD

[slob]

not sure what post it was that I expressed my opinion...it was quite some time back....but in my opinion, if we see about .20-.30/share for the common escrow shares[markers now] ,that would be pretty much generous...I am not a pre seizure holder but have hung tight with many of you here for about 3 1/2 years now...in my best guess I feel that because we also came out of bankruptcy with a distribution of WMIH shares...[this is where the money is now], that we were given a chance to start all over...again anyone who is pre seizure has definitely earned my respect and I hope you get what is coming to you.... but as for me and any non pre seizure holder WMIH shares gave us the ability to start with new hope...best to all involved...GO WAMU/WMIH!!!

[distrojunky]

Yes, that's correct. It's in the POR that we have a claim for about $10B against the estate. With the 75%-25% split between Preferred and Common, that would be about 100% on Preferred and a little over $2 on the Common. Of course since we are on the bottom of the pile we get any left-overs. Any $ over $10B will also be divided the same, 75%-25%.

Although there may only be scraps left after over after paying the existing claims, we are hopeful Susman Godfrey will bring home the bacon from Goldman Sachs and the other 3rd parties through litigation.