RE:RE:Another fake deal storyWhen the leader of the shorts calls out Home capital mortgage books and yells from the mountaint top that there are $ 1.9 billion of worthless mortgages on Home Capital's books then damn straight i feel its our duty to call out the liars.
The only people who are in any way are like Trump are the shorters. I am just calling a spade a spade. Their thesis is bunk They refuse to answer any question and just go on this mantra that all their mortgages are fake and that the real estate market is about the crash today.
I am reacting to the counterpoint story in the FP that I think alarmed a number of people and investors.
I am reacting to the fact that part of his thesis has caused a run on the bank and that was unnecessary. the fact that so many people believe the story without questioning it and digging deeper into the details instead of accepting his word for it makes me want to call the Cohodes short thesis at this point in time- fake news. sorry if you don't like the choice of words- but I think it is appropos.