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Huge bids coming into COCO options.

 

Something is up

CECO also up huge on rumors that it will be acquired by APOL for a price in the low forties (now trading at 28.45, up 1.05) -- but in an ALL STOCK deal.

 

:lol: :lol: :lol:

 

Frying pan to fire.

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COF reported deliquency rates up +14 bp and larger than expected charge offs.

 

We hear that their car loan protfolio is bad shape but they didn't fess up on that. Thats why I was asking about income verification yesterday.

 

Wynd, Do you know if income verification is manadatory on auto loans or do they do FICO+ stated income?

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