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Strategies & Market Trends : Calls and Puts for Income

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To: kaka who wrote (1085)8/1/2007 11:31:01 AM
From: pcyhuang  Read Replies (2) of 5891
 
Kaka:

It is this kind of news background that bargains are found. Basically, Alt-A are mortgages written to socially up-scale people, who usually have substantial holdings besides thier residences, and therefore, less likely to go through the foreclosure process.

Even if I am wrong, I view my investment position in AHM as a perpetual bet along with the personal holdings of its CEO, Mr. Michael Strauss.

pcyhuang
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