Say GoodBye to Countrywide

[S2007S]

CFC going to the single digits.

 

[Kaempferrand]

Quote from S2007S:

CFC going to the single digits.

Well hopefully you are riding on the rightside of this downward spiral.

 

[pumpanddumper]

Nice dumping today. Single digits almost here. I can almost taste 9.99.

 

[DonKee]

Quote from stock_trad3r:

CFC business is well intact and the stock will rebound in time.

here's another quote from stock_trader3r from nov. 1st:

11-01-07 07:43 PM

"And no one cares about CFC or wamu
all bad news priced in"

please, give us some more to fade, you're a very good indicator.

 

[stock_trad3r]

There is a country wide where I live

The building still intact. Still in business. This stock will rebound.

 

[DonKee]

Quote from stock_trad3r:

There is a country wide where I live

The building still intact. Still in business. This stock will rebound.

okay, since cfc closed at 15.52 on oct. 31st and we are now up 33% on the short just since fading your comment on Nov. 1st, i'll take that as a "stay short", although i do have a buy stop in, to lock in my tidy profit.

thank you, sir.

 

[S2007S]

Quote from Kaempferrand:

Well hopefully you are riding on the rightside of this downward spiral.

Funny thing is im not, I went long before earnings at around 13 and change and sold the next morning, since then I havent touched it...

I have been calling this a short since upper 30's.

 

[S2007S]

Quote from Kaempferrand:

Well hopefully you are riding on the rightside of this downward spiral.

WISH I HAD HELD IT, would been one awesome ride.


S2007S


Registered: Aug 2006
Posts: 4962


03-23-07 03:40 PM

CFC is getting back into my short area, I like shorting it above 36, trying to hold out for the 37.50-38 to get short again.

 

[milehigh_trader]

Quote from S2007S:

WISH I HAD HELD IT, would been one awesome ride.

Yeah man, just like riding the dragon...gotta stay true to your beliefs!

On that note, I just reversed my CFC position and getting ready to go long here.

THis shit is goin back up to $25 soon!!!

 

[S2007S]

Quote from milehigh_trader:

Yeah man, just like riding the dragon...gotta stay true to your beliefs!

On that note, I just reversed my CFC position and getting ready to go long here.

THis shit is goin back up to $25 soon!!!

eh $25, not likely anytime soon, I dont see housing bottoming until 2010 the earliest which means CFC has a long way to go before it sees any sort of rise in its stock price. CFC could easily see $3-$5 before goin back to $15-$20.