LDI 不值得持有，且正走向下行，但破产担忧被夸大：流动性可维持到明年，资产、MSR 及投资组合的出售能带来充足资本且损失很小。它是一只便宜、对利率敏感的仙股；今日 7% 的上涨可能反映了市场预期十天内将达成协议。
逐段跳播
你也能看到 Lone Depot 的股价上涨了7%。这只股票就像一只不值得持有的亏损股，正一路向下。持这种观点的人大多胆大得惊人，他们相信我们不会看到三次加息，而且未来一两年我们实际上会开始看到劳动力市场出现扰动，这将导致10年期国债收益率持续下跌。这最终会为这类抵押贷款投资创造一个筑底过程。
You can also see Lone Depot stock jumping by 7%. This stock is like a losing stock that is not worth holding. It is heading straight downwards. Most of those who hold this view are insanely bold , believing that we will not see three interest rate hikes, and that we will actually begin to see disruptions in the labor market over the next year or two, which will cause 10-year bond yields to fall continuously.
This will ultimately create a bottoming process for this type of mortgage investment.
LDI 正面临严重的破产担忧。但我相信他们有足够的流动性撑过明年，而且他们刚刚又达成了一项协议，出售并清算部分资产负债表资产，出售部分抵押贷款服务权（MSR）以及部分投资组合。
这给了他们充足的资本。他们实际上不会亏多少钱。我知道这听起来很疯狂。
LDI is facing serious concerns about bankruptcy. But I believe they have enough liquidity to get through next year, and they have just entered into another agreement to sell and liquidate some of their balance sheet assets, and to sell some of their mortgage service rights (MSRs), as well as part of their portfolio.
This gives them sufficient capital. They don't actually lose much money. I know this sounds crazy.
但这只股票几乎被视为一只仙股（非常便宜的股票）。它是一项便宜的投资，并且对利率敏感。我认为他今天这一举动的原因之一，是预期我们可能在未来十天内接近达成协议。所以这可能是一个有意思的引擎。
But this stock is practically considered a penny stock (a very cheap stock). It is a cheap investment and sensitive to interest rates. I believe one of the reasons for his move today is the expectation that we may be close to reaching an agreement within the next ten days. So this might be an interesting engine.
这个频道对 $LDI 的历次判断
Meet Kevin 在这只股票上共 2 条判断，这里只列相邻的几条。