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Strategies & Market Trends : Turnarund Investing
NOVS 0.0666-16.0%Aug 1 5:00 PM EST

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To: bankbuyer who wrote (496)4/26/2012 10:48:11 AM
From: thatsnotluck1 Recommendation  Read Replies (2) of 1876
 
<<"Personally I couldn't be happier to see how my investment in Novastar Financial is playing out for me. When I first started accumulating my position here I stated that I wasn't here for the dividend, but rather for the potential that Novastar had as a subprime mortgage lender in the future. I already knew that subprime lending "done right" would ALWAYS be a part of our credit markets and
the fact that Novastar is now positioned to become a major player again">>

OMG, is NOVS getting back into subprime lending? i thought they were now a moving company.
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