Accredited Home Lenders Holding Co.  (LEND) Trade Now »     Rate LEND  -  Discuss LEND  -  Add to Watch List        

The talking heads all seem to agree that Lone Star’s deal to buy out troubled Accredited Home Lenders : LEND will go through. I just heard it on CNBC, read it last night on RealMoney.com, and in Forbes .

With a buyout price of $15.10 and a close yesterday of $5.31, the spread is huge. That is not an opportunity; its a danger sign. It shows that the best and brightest arbitrageurs on the street, who have access to far more information than you and I, don’t believe the deal will close as negotiated. Neither do I.

I confess that my skepticism is a snap judgment. I have no

Monday, 9 June 2003

June 9, 2003 Accredited Home Lenders Holding Co. (LEND)
It is Monday morning. I was GOING to update the main page on this site....but didn't get to it. This weekend was graduation weekend for my senior and well.....enough excuses!

Anyhow, market a little soft today, getting a bit of a rest. This stock showed up on the NASDAQ top gainers and is worth a look. I have never heard of it before, it is actually a relatively new issue, and nobody in my family including me has any shares.

LEND is according to CNN.money, "a nationwide mortgage banki