Say GoodBye to Countrywide

CFC the next Enron?
Mozillo doing the perp walk?

It's not out of the realm of possibilities.

I believe very little that comes from this company.
 
Quote from 1flyfisher:

CFC the next Enron?
Mozillo doing the perp walk?

It's not out of the realm of possibilities.

I believe very little that comes from this company.
More...

I thought that the specialist was just accumulating inventory and moving paper?
 
Value Manager Brandes buying it.
www.gurufocus.com
Look up Brandes.


Quote from 1flyfisher:

:D :D :D :D
This stock is on the move and you guessed it,.... it isn't up.
For Shits and Giggles let's play guess the bottom in the stock.
I know this crap will be wallowing away for months and a bottom maybe months away as many new surprises will be coming out any day for CFC and the whole subprime mess... but just for the fun of it....I will guess $8 and change. No support anywhere to be found.
I think we take out the 52 week low within the next few weeks. As soon as the next subprime surprise hits the news.
You never really know where a stock ends up. I think this co will avoid BK but I think the stock will take out $10. Maybe it will maybe it won't.
$8 and change is my guess.
More...
 
Wow, they are taking a bath.
New Purchase: Countrywide Financial Corp. (CFC)
Charles Brandes initiated holdings in Mortgage Finance company Countrywide Financial Corp.. His purchase prices were between $18.21 and $37.14, with an estimated average price of $25.2. The impact to his portfolio due to this purchase was 1.58%. His holdings were 45,694,222 shares as of 09/30/2007.

Countrywide Financial Corporation, a holding company, engages in mortgage lending and other finance-related operations. The company operates in five segments: Mortgage Banking, Banking, Capital Markets, Insurance, and Global Operations. Countrywide Financial Corp. has a market cap of $9.69 billion; its shares were traded at around $16.83 with P/E ratio of 4.69 and P/S ratio of 0.93. The dividend yield of Countrywide Financial Corp. stocks is 3.5%


Quote from 1flyfisher:

:D :D :D :D
This stock is on the move and you guessed it,.... it isn't up.
For Shits and Giggles let's play guess the bottom in the stock.
I know this crap will be wallowing away for months and a bottom maybe months away as many new surprises will be coming out any day for CFC and the whole subprime mess... but just for the fun of it....I will guess $8 and change. No support anywhere to be found.
I think we take out the 52 week low within the next few weeks. As soon as the next subprime surprise hits the news.
You never really know where a stock ends up. I think this co will avoid BK but I think the stock will take out $10. Maybe it will maybe it won't.
$8 and change is my guess.
More...
 
Quote from midlifeguy:

Wow, they are taking a bath.
New Purchase: Countrywide Financial Corp. (CFC)
Charles Brandes initiated holdings in Mortgage Finance company Countrywide Financial Corp.. His purchase prices were between $18.21 and $37.14, with an estimated average price of $25.2. The impact to his portfolio due to this purchase was 1.58%. His holdings were 45,694,222 shares as of 09/30/2007.

Countrywide Financial Corporation, a holding company, engages in mortgage lending and other finance-related operations. The company operates in five segments: Mortgage Banking, Banking, Capital Markets, Insurance, and Global Operations. Countrywide Financial Corp. has a market cap of $9.69 billion; its shares were traded at around $16.83 with P/E ratio of 4.69 and P/S ratio of 0.93. The dividend yield of Countrywide Financial Corp. stocks is 3.5%
More...

No problem. Not his money. he'll lose a bunch of accounts, and get a bunch from another shit call his competition made.
 
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