Thursday, December 28, 2017 7:33:15 PM
“There are market making firms -- sometimes they're called boutique firms -- that specialize in negotiated trades for clients. The folks who work the DD Research and Fraud Board consider CDEL as a specialty firms that arranges trades for toxic lenders when it's time for them to collect on the loan.”
That would explain the buying a massive amount and flipping said massive amount. I watched them put a 900k bid up twice. But imo it’s good that they got bought. No toxic debt
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