Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (49585)	1/12/2006 1:20:46 PM
From: Paul Kern	Respond to of 110194

Big get shorty squeeze

To: John Vosilla who wrote (49585)	1/12/2006 1:23:24 PM
From: Ramsey Su	Respond to of 110194

Yes they are. LEND is the most efficient operator in the subprime world. Their cost is usually low or lowest. Other metrix also would show them as best in class. Secondly, they are not a REIT so they are not burdened by the desperate attempts to keep the dividends high.

To: John Vosilla who wrote (49585)	1/12/2006 2:06:49 PM
From: russwinter	Read Replies (1) \| Respond to of 110194

There are all kinds of ways for these scamsters to disguise results, or hide problems. Just use nominal loss reserves for example, or fail to comment on late pays, delinquencies, or use similiar deceptions. I'm going to be listening to these calls and pouring over the results and 10-Qs looking for this, and to save time, it would be nice if others joined in? Generally the scam is now to act like mortgages that are resetting are just dandy. Since the losses are somewhat down the road, these companies can act as if their shit doesn't smell. At least until the first warm day.