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Novation Companies, Inc. Message Board

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  • richmondinvestor richmondinvestor Sep 19, 2010 5:21 PM Flag


    The two posters who are here everyday are on my "ignore" list and don't see them, so it is interesting that someone else does post. Have held the stock since it was 36 per share. Don't think they are in the mortgage business anymore. Started a new appraisal business called Streetlinks. Don't see a lot of growth right now, but I feel that they are biding their time and will go back into the mortgage business again when the economy turns. As you can see the stock is on the pink sheets. Not a lot of assets here. Pure speculative play right now. They don't appear to be bankrupt, but are a slow growth company as it now stands.

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