IBEX Nonsense, 7-Point Plan, ALL A Straw Dog
If We Put Out Thinking Caps On We Find That,
First, Without IBEX Biel Very Well May Not Exist and We ALL Would Have Lost.
Second, If IBEX Had Not Done Most Of The Funding Then Others Would Have.
Instead of Say One Major Lender Imagine 30 OTHER Lenders.
If There were 30 or Whatever Number The Topic Would Be a NON ISSUE!!
Thankfully IBEX Saw Biel Through Some VERY BAD TIMES!!
Third Everyone Had The Same Opportunity to Loan Money But Not Enough
Did Or IBEX Would Not Be The Largest Lender.
Should be Noted Too That The Bulk of the Loans, (liabilities on the balance sheet) belongs to IBEX.
To Make Serious Money, They Need The Stock Price To Sore To Recoup On Those Loans.
Failure To Do So Would Result in Major Losses. They Have More at Stake Than We Do.
IBEX is PURE Straw Dog Argument. Total Nonsense!!
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