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3 pts

Opinion on  Accredited Home Lenders Holding Co. (LEND)     Sector: Financial  >  Industry: Consumer Financial Services
An Accredited Gamble

Aug 08, 2007 04:46 AM GMT
Return Risk
+20.32% HIGH
Tracked Blogger

Fundamental Analysis  
Via invest4today.blogspot.com/:  

Today I got long Accredited Home Lenders ( LEND ). Accredited is a subprime lender that actually has a bid from Lone Star V , a private equity fund. Lone Star bid $400M or $15.10 for Accredited on June 4th. LEND now trades under $7 a share. Technically there is 115% upside from the current price. The fact of the matter is that Lone Star is legally obligated to buy LEND and had all the necessary inside information before making its bid. The deal is expected to close by October but the market is pricing in some risk that the deal won't get done or will be repriced.

Note: I am long LEND





This is a tracking account  [?]   SocialPicks is not affiliated with Big Ben. The POS/NEG sentiment is automatically determined by SocialPicks from this blog post and should not be recognized as a position recommendation by Big Ben

LEND:  This call was made on 08/08/07 @ $6.91
Rating:   Negative   $6.91 (08/08/07)
Closed:   08/23/2007 @ $6.49 (+6.08% in 15 days)


Comments (2)

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monclersito   N/A     1 point   commented 141 days ago reply



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monclersito   N/A     1 point   commented 141 days ago reply

UGG Pas cher, la dernière mode ces jours-ci! Parce que le style lourd et laid, Chaussures UGG enchantera la première personne. Cependant, grace à l'étoile, ils deviennent immédiatement la mode en Europe, aux Etats-Unis, monde Japon.même. En effet, depuis les Bottes UGG Pas Cher des bottes chaudes surfeurs en Australie après le surf. Ensuite exporté vers les Etats-Unis, et progressivement se répandre. Actuellement, les UGG a déclaré le président fran?ais, c'est une très bonne chaussures, vous ne voulez pas prendre vos chaussures! Enfin, l'originalité, la fiabilité et le confort luxe.UGG Bottes 2011, la légende


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ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 21.10 +34.36% 531
2 18.14 +36.28% 286
3 17.66 +23.07% 83
4 13.47 +13.37% 69
5 12.13 +132.16% 102


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Accredited Home Lenders Holding Co. (LEND)
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