SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Spekulatius who wrote (30181)4/19/2008 1:51:18 PM
From: MCsweet  Read Replies (1) of 78673
 
Spekulatius,

Received the HTWC annual report in the mail today. The letter from the CEO was not encouraging, hinting at poor performance coming up in the short term. He also seemed pretty unapologetic about the performance since IPO.

Have you checked out the website? They have items such as a Home Equity special at 4.99% and, under their lending center, 100%+ financing. I don't like, especially with the loss reserves that aren't very high.

This stock is still too dirt cheap to sell, but it doesn't feel like anything positive will be helping anytime soon, despite the Fed rate cuts.

What do you think --- I'd love to be told I'm wrong.

MC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext