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    NEW...going BK or recover?

    Exactly, Glad you mentioned ELN. I had forgotten about that one, but I had traded that one as well.
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    NEW...going BK or recover?

    If it was one company getting hammered then you might think it might go BK, but the fact is its industry wide just like the airline stocks in 2003. do you want to roll the tape from 2003 on the airline stocks ??? hmmm. lets see. The fact that the sub-prime mortgage companies are all...
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    The Next Great Mortgage Play: *AHM*

    oh come on Cal, don't be such a wuss! You sound like a scared short to me. If you are so sure its tanking, let it ride!
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    The Next Great Mortgage Play: *AHM*

    I am going long AHM @ 25.06 right now. you can pay the dividend to me as a short! thanks.
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    NEW...going BK or recover?

    To CalScholar's remark that I liked New @ 5.25. Guess what? I started buying AMR @5/share in 03 and kept on buying more all the way down to 1.25/share. My cost average was about 2.11/share when it finally headed north. I had 12000 shares total. And, ACF. Started buying it about...
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    NEW...going BK or recover?

    Point is Blast that I have been down this road before and yes, you have to turn a blind eye to all the talk. Maybe I am crazy, but I love stocks on NYSE with what 'appears' to be good financials. I do know that many times they cook the books, but what can ya do. The way I look at it is...
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    NEW...going BK or recover?

    GM's Woes Cause Bankruptcy Talk - Daily Auto Insider The Daily Auto Insider Wednesday, November 16, 2005 November 2005 Concerns about General Motors' future are causing concern on Wall Street, The Associated Press reported. An increasing number of investors are betting that GM...
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    NEW...going BK or recover?

    You know what is funny? I am telling everyone EXACTLY what I am buying and why, right here, right now. The blasters on here just say yea yea yea, but don't have the guts to say what any of their positions are right here and right now. I am long NEW, NFI, IMH, and DRL. In one year...
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    NEW...going BK or recover?

    GM Bankruptcy Said Possible By Dena Aubin 12-12-5 NEW YORK (Reuters) - A bankruptcy by General Motors Corp. is not "far-fetched" if present trends at the company persist, Standard & Poor's said on Monday, shortly after cutting GM's ratings deeper into junk territory. The downgrade...
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    NEW...going BK or recover?

    Instead of talking schitt, why don't you back up what your view is with solid facts. Here is one example of many more I can bring up. I was trading GM back when the same old BK crap was out there. And guess what...same as usual...where did the BK go? Listen folks, If you don't have the...
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    NEW...going BK or recover?

    yea, going BK just like ACF was suppose to do when it hit rock bottom on March 11, 2003 at $1.55/share. I wonder what ACF (Americredit) is at right now?.....any guesses....oh by the way..they deal with car loans to folks with bad credit! I wish I had kept all the published reports of how...
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    After-Hours Beating For Sub-Prime Lenders

    I have to laugh at this post. All you newbies probrably never even heard of MXT (Metris Company) or ACF (Americredit) before. With all your big talk about how bad these sub-primes are, do some homework and you will see its the same ole song and dance. Been there, done that. Take a walk...
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    NEW...going BK or recover?

    Did you look at the dividend payouts the past 2 years? Yes, they can and may have fudged some numbers, that will be decided later, but how do they fabricate money and pay out real dividends like they did the past 2 years???? That was real money being paid out, no doubt. If they do go...
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    NEW...going BK or recover?

    anyone else following NEW lately? Curious what anyone else here thinks who is following it. Seems like there are BK rumors floating around, but nothing official from the company. Seems like I have heard this before with other companies, most recently last few months with GM and of course...
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    Anyone for a turnaround?

    Whatta ya all think of the latest scare talk in the market sinking these stocks, not to mention a few others: NEW IMH NFI DRL I also like FBR too at the recent prices. If you can laugh in the face of all the 'scary' talk on the news about sub-primes going BK, you will be a very happy...
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    MOC (Market On Close) orders with IB

    Anyone use IB and ever do a MOC (Market On Close) order? I just started using IB recently and am trying to enter a MOC order using the TraderWorkstation. I don't see an option for this anywhere. I sent an email request, and it got re-routed to some 3rd party company apparently. I guess...
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    $5000 day, Is that what you would consider a good day?

    Here are the last 29 days: 4986 3416 -24 -3054 3176 -2734 -264 4336 1066 1126 2236 1756 906 1266 -1734 5296 -2434 -1634 2236 -3054 -264 -3584 -1434 -34 1296 -404 936 5506 1246 as you can see, some pretty sizeable down days scattered throughout too. The 5...
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    $5000 day, Is that what you would consider a good day?

    I hope that the ones who said I shouldn't brag realize I didn't mean this as a brag, rather was just trying to see where I stand in the pack. Interesting that there are many who wouldn't think anything of a 5k day. I have had much bigger days, both up and down. The best day of my trading...
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    $5000 day, Is that what you would consider a good day?

    I am curious what everyone on ET considers a good day of trading. What would be a good day of trading for you? I am talking about a day that makes you really happy. Enough to go out and celebrate. One that would make you say, WOW! what a great day I had today trading. I used to think...
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    MOC orders with IB

    Anyone use IB as their broker? I am curious if they charge any more or less than the usual .005/share if you place a MOC (Market On Close) order. I use Scottrade now and I keep having to argue with them that I am not paying $29/trade to do an MOC order. I am switching to IB shortly and...
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