Correct-- the trouble with Cash Call came from their pay day loan business. What IMH did was very smart. They bought the good assets ( the mortgage division ) at a great price and left the personal loan side to deal with it's issues.
There may be some pullback today, but I think it will be relatively minor. Good buying opportunity. I think we will be back around $16 by end of month, provided we get positive Clonidine data. Stoks can be painful at times, but still the best way to build wealth in America.
When will we know? Before the end of March? Call was good in my opinion. My take is we just need to wait awhile longer. Probably start a surge later this month, but the real surge in PPS is probably about 12 months out IMHO.