The Market was up 331 points and yet CFC still dropped 25 cents. And two more cents in the after market.
Not a good sign of things.... this might tanked even further.
Well one will have to see how the NY State Attorney General investigation goes.
It was solely because of this is what set the ball rolling even faster.
Just imagine all those big institutions with only a long biased approach holding on to this stock and see it drop week after week.
I would hate to be someone who would has his or her retirement funds in one of these big institutions.
Wow.
With the extreme drops in both Fannie Mae and Freddie Mac today.... this is going to be interesting to see how this will affect WM.
Hmmmm........ possible yummy?
I can't take it anymore!!! Ha ha... covered everything at $10.93...
Okay see ya all! Good luck to those who holds a position(s) in this company Long or Short.
Peace.
Ha ha... if this does what it does in my direction and close out my positions when I do... I am taking off for 7 months next year and travel.
Yet this is the longest and most painful yet very profitable short ever held for me.
Well Tickle Me Elmo!
Ha ha. You guys are too funny.
As long you make money and not losing it then it is all cool. Make $1600? $16,000? or even better $160,000 or more upwards? As long your P/L is on the positive side.
Elder.....
Woke me up which was back in 2002..... it was full speed ahead after reading his Come Into My Trading Room.
His Triple Screen and Force Index.......
10/26/2007.... with CFC.... that was an interesting day.
Paperwise it was very UGLY. Position was still profitable but profit wise it evaporated. Yet still held on.
Never heard such good spin on bullshit to cover things up on a conference call.