blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on Sept 17, 2014 9:32:00 GMT
With an hour to go the replacement loan 7762 is undergoing a bidding frenzy. Some people are blinded by the 12.1% available and can't (or won't) see the 0 credit rating. John We are assured that the credit rating is not real, and that the large negative current assets are no problem. It is nice to be able to help a business that seems to really need the cash, but is also A+. I wonder if those involved in the feeding frenzy expect to have the parts in their digestive systems for very long?
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Post by patricko on Sept 17, 2014 13:10:40 GMT
With an hour to go the replacement loan 7762 is undergoing a bidding frenzy. Some people are blinded by the 12.1% available and can't (or won't) see the 0 credit rating. John We are assured that the credit rating is not real, and that the large negative current assets are no problem. It is nice to be able to help a business that seems to really need the cash, but is also A+. I wonder if those involved in the feeding frenzy expect to have the parts in their digestive systems for very long? Probably a mix of those who have not bother to look in detail just at the A+ rating, and those who will dump them at a premium on the secondary market. Looking at the financials, the credit rating and the reliance on just one supply contract, the A+ rating is a joke.
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