New Century Financial Down 40% Today

[zdreg]

Quote from Corelio:

NEW is just the tip of the iceberg...

what does the rest of the iceberg consist of?

 

[kinggyppo]

mmmm???!!:eek:

 

[VictorS]

Quote from VictorS:

So that people like me can swipe up 2000-5000 shares after a couple of days and make a little chachingo on a $1 pop.

Tempted to pick some up today, but I'll wait and see how it closes.
Anyone in this one long or short?

 

[gimp570]

Quote from VictorS:

Tempted to pick some up today, but I'll wait and see how it closes.
Anyone in this one long or short?

I just got short....at 19.56,,,, I think it is going to hit new lows today


welll i am hoping

 

[gimp570]

NEW falling out of bed..........

this looks like real fear selling

 

[ByLoSellHi]

I'm short as of 12:03 est

It's now a bet on a total meltdown. Who will buy their crappy subprime mortgages in this sinking housing and credit environment?

 

[gimp570]

Quote from ByLoSellHi:

I'm short as of 12:03 est

It's now a bet on a total meltdown. Who will buy their crappy subprime mortgages in this sinking housing and credit environment?

They are crushing it now

SELL SELL SELL

Hopefully they hault this sucker

 

[VictorS]

good luck, gimp. Looks like19.5 is intraday support and 20 is resistance.

 

[VictorS]

whoops, late post.

 

[gimp570]

Quote from VictorS:

good luck, gimp. Looks like19.5 is intraday support and 20 is resistance.

I think a hault is coming....



this thing is tanking