Countrywide Shorts cannot be happy on this news

[cgtrader]

Reality Check time: CFC is now trading at levels seen on Tuesday January 8, 2008

That's right 2 trading days ago!

It's a puppet show folks and many are paying members of the audience.

Add one part massive short interest, one part smart stock accumulators, and one half-baked buyout news.

 

[HedgefundTrader2]

Quote from Comptalk:

Those people at Boeing. I am telling ya. First building airplanes, and now mortgages. What will they acquire next? Macy's?

They need to buy street.com and shut up Cramer for now....

 

[athlonmank8]

Quote from day7793:

They need to buy street.com and shut up Cramer for now....

No shit. Put a lid on that crap

 

[1flyfisher]

I was going to buy 5000 at 7:50 am when it dipped back below $5.

Maxwell Smart,....."Missed it by that much"

I held off.

 

[Thermactor]

Quote from ElCubano:

yeah baby....hahahahahahah anyone need a loan to buy a jumbo?

isn't that what JUMBO loans are for to begin with?

 

[Bigpipn]

It's a official BoA will buy countrywide ~$4bln, all stock.

 

[bt116]

I think the offer takes CFC back below yesterday's close by a nice amount.