Wells Fargo Bank Servicer Ocwen … Once $60 … Now At $1.22 on December 21, 2018 … Will Be A Penny Stock Before Valentines Day 2019 … Investor Leon Cooperman Is Losing His Ass In Ocwen

Ocwen reported a net loss of $68.3 million compared to a net loss of $83.2 million last year.

Ocwen Financial Corp (NYSE:OCN) major shareholder Leon G. Cooperman sold 425,000 shares of the company’s stock in a transaction that occurred on Thursday, December 6th. The shares were sold at an average price of $1.95, for a total transaction of $828,750.00. Following the sale, the insider now owns 1,000,000 shares in the company, valued at $1,950,000.

Cooperman has been a long time investor in Ocwen. Wilbur Ross was shot the stock … Wilbur made the better decision.

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