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bakersfieldbubble
Dyn-o-mite!


Joined: 25 Jan 2007
Posts: 488

LEND
PostPosted: Mon Mar 12, 2007 3:28 pm Reply with quoteBack to top

Did their warehouse lines get cut off?
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qwopzxnm
Flash in the pan


Joined: 09 Feb 2007
Posts: 95
Location: Irvine, CA

Re: LEND
PostPosted: Mon Mar 12, 2007 3:30 pm Reply with quoteBack to top

If they did, it hasn't hit the street yet. Stock price is down but not the way it would be if they lost their lines.

For people like me who didn't know who LEND is
LEND = Accredited


Last edited by qwopzxnm on Mon Mar 12, 2007 3:35 pm; edited 1 time in total
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bakersfieldbubble
Dyn-o-mite!


Joined: 25 Jan 2007
Posts: 488

Re: LEND
PostPosted: Mon Mar 12, 2007 3:34 pm Reply with quoteBack to top

Lots of chatter on the broker rooms about this.
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qwopzxnm
Flash in the pan


Joined: 09 Feb 2007
Posts: 95
Location: Irvine, CA

Re: LEND
PostPosted: Mon Mar 12, 2007 3:40 pm Reply with quoteBack to top

Might be just a reduction in products offered, like cutting out 100% CLTV products, or something of that nature. Or it could be the big boom who knows.


Last edited by qwopzxnm on Mon Mar 12, 2007 3:43 pm; edited 1 time in total
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bakersfieldbubble
Dyn-o-mite!


Joined: 25 Jan 2007
Posts: 488

Down
PostPosted: Mon Mar 12, 2007 3:42 pm Reply with quoteBack to top

Down 21% on heavy volume..
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qwopzxnm
Flash in the pan


Joined: 09 Feb 2007
Posts: 95
Location: Irvine, CA

Re: LEND
PostPosted: Mon Mar 12, 2007 3:47 pm Reply with quoteBack to top

Just another Subby player I should have shorted... Laughing
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bakersfieldbubble
Dyn-o-mite!


Joined: 25 Jan 2007
Posts: 488

Re: LEND
PostPosted: Tue Mar 13, 2007 2:03 pm Reply with quoteBack to top

Looks like this might have been true.
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bakersfieldbubble
Dyn-o-mite!


Joined: 25 Jan 2007
Posts: 488

Re: LEND
PostPosted: Tue Mar 13, 2007 2:07 pm Reply with quoteBack to top

IF you want implosion news before the market gets it - come here and you will hear the truth.

This was reported yesterday and today the stock is down 50%!

TIMBERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
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bakersfieldbubble
Dyn-o-mite!


Joined: 25 Jan 2007
Posts: 488

Re: LEND
PostPosted: Tue Mar 13, 2007 2:10 pm Reply with quoteBack to top

I hope all of you CFC employees read this!
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bdc63
Schumpeter Reincarnate


Joined: 16 Feb 2007
Posts: 4392
Location: Maryland

Re: LEND
PostPosted: Tue Mar 13, 2007 2:17 pm Reply with quoteBack to top

I think I've seen this play before ...

ACT I: the company states they will be "evaluating their strategic options"

ACTII: the protagonist (FDIC) shows up with a cease and desist order

ACT III: The SEC and Grand Jury join the cast, and NO ONE lives happily ever after

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