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


To: John Vosilla who wrote (57013)3/28/2006 3:24:06 PM
From: orkrious  Respond to of 110194
 
Patron are LEND and BHS finally going to collapse now?

Not a chance. I'm still short.



To: John Vosilla who wrote (57013)3/28/2006 4:08:50 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 110194
 
re: LEND-It'll take awhile before they finally go bust, but it's starting. On their last statement there were prominent remarks about yield curve inversion hurting their profitability, but they still thought they'd keep up origination volume. It's clear to me their originations are going to plummet in the next 1-2 quarters, as will everyone else's.

I'm not as well versed with BHS, I have no position in it.