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Non-Tech
Nova Star
An SI Board Since December 2005
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134 7 0 NFI
Emcee:  Patrick J. Saunders Type:  Unmoderated
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34it's clearly worth more than the 5mm they paid for it 4 years ago. it was abatman1002313/10/2012
33The Con continues Only a Cretin could claim a company they paid $5mil for 4 yebankbuyer13/10/2012
32I'm seeing zero "good faith" The pumpers dont understand " bankbuyer23/9/2012
31Additional kindness would be a virtue. :) Are you seeing real projections suchCovenant13/9/2012
30Lil Hitler has started with his absurd projections again. They are similar to hbankbuyer-3/9/2012
29Add another $6MM. It is a sneaky way to capitalize compensation expenses.Covenant13/9/2012
28Streetlinks assets as of Sept 2011 $24.5 mil No need to delve into the minutae bankbuyer-3/9/2012
27That form of accounting is like a financial institution counting sales of treasuCovenant13/9/2012
26"broadcast to the market an inflated valuation " Prior to some form obankbuyer13/9/2012
25Streetlinks Net revenue in Q3 was $5.1 million. Calling the 80 % they pay off bankbuyer-3/9/2012
24 this was a bad use of capital in my view. Agreed. The apparent purpose of theCovenant-3/9/2012
23They are paying over time and quarterly. The bulls are now claiming the value ibankbuyer13/9/2012
22while the company essentially has a put option if the business fails this was a batman1002313/9/2012
21"for purposes of this agreement" I suspect Haslam wanted out of Indy bankbuyer-3/9/2012
20$6,112,500 / 4.89% = $125,000,000Covenant-3/9/2012
19bankbuyer-3/9/2012
18Haslam used Superior for NOVS subprime appraisals by the 1000's. He says so bankbuyer13/9/2012
17I have a prediction. The clever and thoughtful can figure out what it is. Hintbankbuyer-3/9/2012
16Novastar died just a few short months after February 2007 A classic example ofbankbuyer13/9/2012
15Captive-non Captive I had read that Dodd Frank gave the benny to Captive. As ybankbuyer13/9/2012
14Captive is subject to apparent or real conflicts of interest. Independents do nCovenant-3/9/2012
13Captive AMCs dominate the industry. SL is non captive. Cash from the portfoliobankbuyer13/9/2012
12Re: Streetlinks streetlinks is a nice business that they built up. low margin bCovenant-3/9/2012
11TNL it's called turnarund investing... please get it correctly. see, i actbatman1002323/8/2012
10Well little Hitler just admitted that he got subprime TOTALLY wrong and didnt habankbuyer-3/8/2012
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