was 8.21 the bottom today? Man, crazy action. Watch this POS go back to $10 and then maybe dump into close...
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Say GoodBye to Countrywide
- Thread starter 1flyfisher
- Start date
Actually they are selling and it is contributing to the slide. They don't want to show large positions in this sector on their books for their portfolio's in their funds. They don't want Mutual Fund investors to see losers in their porfolio's......
Watch short squeezes....
Watch short squeezes....
Quote from Kaempferrand:
Just imagine all those big institutions with only a long biased approach holding on to this stock and see it drop week after week.
I would hate to be someone who would has his or her retirement funds in one of these big institutions.
Wow.
Quote from S2007S:
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.
there is a massive wave of option ARM and ALT-A resets in 2010 and 2011
actually more dollar value than the subprime resets we are going through now
so unless you reckon that these mortgages are going to survive the resets, looks like 2012 may be the bottom
WOW! That was a pretty nice comeback.
From a low of $8.21 and then end the day down 29 cents at $10.28.
From a low of $8.21 and then end the day down 29 cents at $10.28.
Quote from 11Blade:
Sorry Poole,
even small aliquots of stock_turder may be tax-deductible as entertainment expense?
maybe a medical expense, for the therapy
lol
I mean he isnt really that irritating, just that he says the same thing all the time, doesnt even add reasons or logic
its just pointless, waste of bandwidth
about 2 mths ago I did a straddle on the JAN 09 options...
call 45
put 5
sold half the call position last week..
you guys think I should just close out both sides ... hate to be greedy and hold em ...
but it just seems alot more downside is possible and I have a decent amt of time...
thanks in advance
call 45
put 5
sold half the call position last week..
you guys think I should just close out both sides ... hate to be greedy and hold em ...
but it just seems alot more downside is possible and I have a decent amt of time...
thanks in advance