InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,274.45
(
0.05%
)
Post# of 62039
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Warmy

Send PM Follow Ignore
Followers 43
Posts 4091
Boards Moderated 0
Alias Born 03/13/2009

Warmy

Re: warren1 post# 24713

Thursday, 08/22/2013 5:52:28 PM

Thursday, August 22, 2013 5:52:28 PM

Post# of 62039
Just like banks don't want houses but they foreclose on them daily. It is never ideal for a lender to seize assets but if a borrower will not make payments (like SIRG), the only option for the lender is to try to recover some of the loan and not take a total loss.

All IMHO

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