InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,433.74
(
0.00%
)
US TECH 100
19,042.00
(
-0.14%
)
Dow Jones
38,647.10
(
0.00%
)
Brent Oil
83.06
(
1.32%
)
Bitcoin
67,240.75
(
0.72%
)
Post# of 72
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

luvtradin1

Send PM Follow Ignore
Followers 60
Posts 3042
Boards Moderated 1
Alias Born 07/21/2005

luvtradin1

Re: None

Sunday, 08/19/2007 6:30:48 PM

Sunday, August 19, 2007 6:30:48 PM

Post# of 72
HMBN interesting situation, I have been playing this

myself this past week and will continue. Filed bankruptcy recently with $5.1 billion in assets and $4.9 billion in liabilities, that left about $200 million in excess equity according to their bankruptcy filing.

Only 51,500,000 shares in the float which translates to an intrinsic per share value of $3.88 per, before the Fed funds discount rate cut,

there is more to the story, visit the Ihub board for HMBN:

http://investorshub.advfn.com/boards/board.asp?board_id=7398


currently selling at three cents, a no brainer in my opinion.

LT

Making money from the mortgage meltdown, want to know what's hot? SUBRIME LENDERS BOARD

http://investorshub.advfn.com/boards/board.asp?board_id=10112

My opinions are not investment advice. Form your own conclusions, do not rely on mine.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up