The Coming Default? Disaster
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  1. #1
    Senior Member Reputation points: 54977
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    I just checked Industry stocks:
    Ondeck -26%
    IOU -25%
    Newtek - 14%
    Square, Inc -10%
    Shopify - 8%
    Enova (business backer) -5%
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
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    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  2. #2
    Senior Member Reputation points: 35870
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    Quote Originally Posted by mcaguru View Post
    I just checked Industry stocks:
    Ondeck -26%
    IOU -25%
    Newtek - 14%
    Square, Inc -10%
    Shopify - 8%
    Enova (business backer) -5%
    Thats not inustry specific. Markets are collapsing across the board

  3. #3
    Senior Member Reputation points: 91418
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    Quote Originally Posted by MCN View Post
    Thats not inustry specific. Markets are collapsing across the board
    Ondeck is a STEAL right now. Anyone want to give me/partner with me on an 80mm ABL loan against Ondeck so we can take it over?

    That guy Franklin has some good sources of capital?!

  4. #4
    Senior Member Reputation points: 338265
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    Quote Originally Posted by SFC View Post
    Ondeck is a STEAL right now. Anyone want to give me/partner with me on an 80mm ABL loan against Ondeck so we can take it over?

    That guy Franklin has some good sources of capital?!
    Go into your kitchen, throw a bunch of knives in the air, and try to catch them blind-folded..... It would be much safer....
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  5. #5
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    Quote Originally Posted by Kevin Henry-Seacoast View Post
    Go into your kitchen, throw a bunch of knives in the air, and try to catch them blind-folded..... It would be much safer....
    Pass. Bought a bunch of stock. I definitely will not lose any hands or fingers doing it.

  6. #6
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    Quote Originally Posted by SFC View Post
    Pass. Bought a bunch of stock. I definitely will not lose any hands or fingers doing it.
    the Fed pumped 1.5Tril into the market today.....the market rallied and rolled right back over again.....
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  7. #7
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    Quote Originally Posted by Kevin Henry-Seacoast View Post
    the Fed pumped 1.5Tril into the market today.....the market rallied and rolled right back over again.....
    Buy on the fear. Sell on the Greed. It's a tale as old as time. If we can't sack up now, we never will!

  8. #8
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    Quote Originally Posted by Kevin Henry-Seacoast View Post
    Go into your kitchen, throw a bunch of knives in the air, and try to catch them blind-folded..... It would be much safer....
    Told you.....catching knives would have been safer.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  9. #9
    Senior Member Reputation points: 91418
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    Quote Originally Posted by Kevin Henry-Seacoast View Post
    Told you.....catching knives would have been safer.
    You could not have been more right. Wow.

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