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04-30-2014, 07:14 PM #1Senior Member
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Impressive!
Originally Posted by isaacdstern
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04-30-2014, 07:16 PM #2Senior Member
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ODC will cash out lovely very soon, being the last ones laughing on their inability to turn a profit.
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04-30-2014, 07:24 PM #3Senior Member
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Possibly. Ipo window closed for no earnings companies for now though. Institutional buyers of paper don't care about the company's profitability. They are secured with at least 200 million of equity beneath them. Regarding stacking think buyers of RMBS, they can't prevent the homeowners from getting HELOCs. I know they are secured so not a perfect example. As brokers you should just take advantage of deal frenzy and OD's voracious appetite. Originally Posted by Capital Stack
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