New Century Financial Down 40% Today

NEW: NEW CENTURY FINANCIAL CORPORATION - 2/9/2007 12:19:29 PM ET
Price *Change *% Change Bid [tick] Ask BxA Size Open Volume
17.79 -1.45 -7.54% 17.77 [+] 17.79 1 x 5 19.30 8,961,100
 
YEAH!!!!!!! Burn, baby, burn!!!!!!!!!!

NEW: NEW CENTURY FINANCIAL CORPORATION - 2/9/2007 12:48:36 PM ET
Price *Change *% Change Bid [tick] Ask BxA Size Open Volume
16.45 -2.79 -14.50% 16.45 [+] 16.46 7 x 4 19.30 12,851,000
 
Quote from ByLoSellHi:

YEAH!!!!!!! Burn, baby, burn!!!!!!!!!!

NEW: NEW CENTURY FINANCIAL CORPORATION - 2/9/2007 12:48:36 PM ET
Price *Change *% Change Bid [tick] Ask BxA Size Open Volume
16.45 -2.79 -14.50% 16.45 [+] 16.46 7 x 4 19.30 12,851,000
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hey Bylosellhi...did you cover yet?
 
Quote from gimp570:

hey Bylosellhi...did you cover yet?
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No way.

It's going down more. All faith in this has been shattered, and there's much more selling to come. It may bounce a little before heading down again.
 
Quote from ByLoSellHi:

No way.

It's going down more. All faith in this has been shattered, and there's much more selling to come. It may bounce a little before heading down again.
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hope you are right......
 
Quote from ByLoSellHi:

I will cover at $16.00

There will be another wave of selling before the close.
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if it hits 16 today...then it might go to 12......

I really thought this thing was going to get haulted......
 
Very nice timing Gimp. Looks like there are still a lot of offers....
Nice one Bylo. I need to come up with a intraday short-sell strategy. I just watched this one tumble all day.:eek:
 
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