Financial Reality For Those Who Can Handle the Truth
They were downgraded to market perform by JMP Securities:http://www.marketwatch.com/news/story/accredited-home-lenders-slides/story.aspx?guid=%7B5245C529%2DBB04%2D4AF6%2D9588%2D078E1168A0CD%7D&siteid=yhoo&dist=yhooI assume they told their clients first because I couldn't find any news when the stock began to move.
thanks for the heads up
looks like LEND is recovering from what ever it's problems earlier in the day...."
That might be due to the FMT buyout hopes.
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