Dominic, I know Sterne Agee. It's actually a growing company out of Alabama, I think Birmingham, and a good outfit but extremely small. We're starting to see a number of high-quality outfits from Alabama, when they want to go regional this is where they come. SouthTrust Bank is another example, a terrific outfit. Sterne Agee, I know, has been trying to get into syndicate work on a small scale.
Anyway, with BLUD's small float, this would explain the price rise, if a house even that small size is moving its customers into the issue. More effect since it's a local company. |
