New Century Financial Down 40% Today

Quote from VictorS:

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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Should have gone long from there........
 
Covered at 16.74.

I was going to wait until 3:30, but resistance was building at 17.

I may short this again on Monday.

Congrats to those who shorted.
 
Quote from VictorS:

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:
More...

Hey Victor. Long time no hear.

I think we'll get great short plays on the lenders for some time.

I think the brokers may finally be ripe, too. Ironically, Goldman downgraded NYX today.
 
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