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12/6/2019 7:27:02 PM
Posted: 2/24/2007 10:15:17 AM EST
[Last Edit: 2/24/2007 10:15:48 AM EST by FALARAK]
Link Posted: 2/24/2007 11:48:30 AM EST
Alot of investors got burnt over these subprime mortgage lenders, even this good one Novastar (I include myself in this). I think there were lots of naked shorting going on and Wall Street is jumping in and buying up the dead subprime lenders as they fall by the wayside. Someone thinks subprime is good but you have to get rid of the competition....
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