Thursday, April 15, 2010

Boom times part 2 – Paragon shares rocket

STOCKS NEWS EUROPE-Paragon up; Arden bullish on outlook

"The reason for that recent spike? Speculation that the buy-to-let mortgage specialist, which has been in run-off for the past couple of years, is poised to start lending again. That’s right, a buy-to-let mortgage lender, which relies on the wholesale and securitisation markets to do its business, is about to start new lending." this quote from FT Alphaville - http://ftalphaville.ft.com/blog/2010/04/15/203451/the-return-of-the-other-northern-rock/ Echoes of the heady bubble mania days.

Posted by mountain goat @ 03:27 PM (741 views)
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