some numbers
7b o/s
683m in loans closed
I know at 5% on profits, but let's just use a bearish number of 3%
683/3%= 20.5 m revs
7b/20 m = .00285 per share x 12 forward p/e = .0342 per share
and that's taking this at 3%, the real numbers here are at 5%, so go figure....either way, the MMs know to take advantage of this and they would be fools not to do it, so look for some crazy pps rise with dips on the way up.....it's going to get CRAZY!!!!!
crazy train....oint oint oint