Serindipity,
Your thoughts / info are pretty close to my brokers info received through close contact and face to face meetings with this mob over the last couple of months in particular.
Having said that it is still a punt in my opinion, these guys went to lengths to distance themselves from the sub prime crisis, threw out a couple of carrots in divvies when the NTA first started to head south and now we believe the current NTA figure may have come out of a cornflakes packet.
I have a 100,000 reasons from the listing of AXQ to want to believe, only about 14,000 to doubt.
In for a penny in for a pound now!
AXQ
allco max securities and mortgage trust