CFC tanking
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looks like the boats are loaded, was shortable at penson until today
this stock is gigantic turd
Freefall?
3%?
That's not even one ATR.
It's so scathing.
What am I gonna do?
Gosh.
Didn't say I liked it.
Looking to either make a more gracious exit OR add to the position (as the case may be).
At times, willing to sacrifice two pawns for a rook.
You've neglected to answer my general question about lending standards, or, more specifically, the distinction between sub-standard and doubful. That's OK. I wasn't really expecting one.
BTW would that truly have bearing on the stock price OR perceptions?
I maintain the philosophy that "this" is the merchandising of paper.
IF there is big money to be made, however big is defined, it's on the SURPRISE side.
I don't know the specifics about the change in lending standards. I can call my friend at his office if you like. The change in lending standards is nothing new anyways. It's across the board in the banking sector anyway.
Who know's, CFC may be a good short term play again if it eventually finds another new bottom which I will wait for. I'd like to see it halted and open in single digits.
It looks like the abandon ship call has been made on HMS CFC.
Having collected over $400 the last few years anything is possible....wouldn't be surprised to hear that he is a regular botox user...his face skin is tight for an "oldie."