
Quote from efficiency:
Show YOU the math? I punch it in on an HP 12C. But I used 4 years (before you changed your tale to 2 years---or the earlier 3 years) with no additions or withdraws for.............eh..............travelling.
Quote from efficiency:
Wow, 2 million from 50k in 4 years is 151% PER annum And..............deducting half that span for travelling, even more impressive.
Quote from NathanGresham:
Hey efficiency dude. CFC is about to go below 31 and then it really starts to tank. Better think again son, will hit my strike way before expiry. I would load up if I was you!![]()
Quote from SiSePuede!:
I bought 150 September $27.50s....pretty cheap actually. This thing is due to move lower over the next few months for sure. Cheers and good luck.
You should really ask efficiency how he figured out that $50k compounded over 4 years at 151% annually equals $2M to him...it's really funny watching how he tries to avoid the answer and is actually dumb enough to keep posting.
Quote from NathanGresham:
bought 150 September $27.50s....pretty cheap actually. This thing is due to move lower over the next few months for sure. Cheers and good luck.
You should really ask efficiency how he figured out that $50k compounded over 4 years at 151% annually equals $2M to him...it's really funny watching how he tries to avoid the answer and is actually dumb enough to keep posting.
Nah I wouldn't waste my time. I watched a sub-prime lender tank 70% earlier this year and didn't get in on it. Have been waiting for the light to shine on just how bad this mess will be. It has just started to unwind and I do beleive we will both hit our strike very easily. The CEO has dumped over 400m shares of this pathetic excuse for a lender over a year period and continues to sell off. Keep it up Countrywide, shouldn't have given out all those sub-prime loans!![]()
You might be in the money about 2:45 today.
P.S. Another benefit from buying puts and shorting all these lenders is a cheap estate to boot!
Quote from NathanGresham:
Now below 31. Down over 3 bucks so far today. The fall out is just beginning in the mortgage/lending market. Will spide for the next 3 quarters. Who ever has been trying to prop up CFC better get out of the way. My puts have already made some $$$$$!

