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LEND shutting down

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Tara430

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Aug 7, 2007
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$3.80...I made money on that call you did 6 months ago. My portfolio was up over 200% but I did not just use LEND.
 

MJ DeMarco

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Holy shit Tara good call ... what is your basis? LEND was one of my dog stocks that I predicted would implode ... I called that on LP almost 6 months ago!
 

randallg99

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Aug 9, 2007
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http://biz.yahoo.com/ap/070822/accredited_home_lenders_restructuring.html?.v=2

Good for people who trade options!:banana:

I bought 26 contracts that expire in December. Let's see how this works out.

what kind of contracts did you buy? Are they calls, or puts? Sounds like you did good...

I used to own AHH-p (lend Preferreds) and did nicely with it... non-callable at 9.65% cost basis. Gladly sold at the right time when I saw the housing market starting to slow down several months back.

Good luck.
 

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