GREY:CXSNF - Post by User
Post by
PatInTheHaton Apr 17, 2014 3:49pm
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Post# 22465172
I suspect we will trend up from here
I suspect we will trend up from hereMentioned on BBN the other day:
Jerome Hass:
Had a pretty big pull back. There was a fair amount of enthusiasm for the stock this summer so the question is, was that misplaced or not. Finds it to be very attractive at the current levels. Released their results at the end of March which he felt were quite good. There are some competitive pressures within the mortgage lending space. Announced about a year ago that they were going to clean up the business so it is now a holding company that holds one asset, Street Capital, a mortgage lender. Around April 28, you will be receiving shares in Heritage Global, which is currently trading in the US. Management does not know when to sell so leaving the decision to you.