Say GoodBye to Countrywide

[Kaempferrand]

Quote from pumpanddumper:

Is CFC and WM dividend still intact as of 11-24?

Guess a matter of time before they cut it?

Too much risk for CFC even for shorting.

Right now WM and NCC would be worth looking at.......

 

[yucca_mtn]

CFC at 9.65.

april $5 calls at $6

(from yahoo site this weekend)

buy the stock then sell covered calls at $6 -- net cost $3.65.

If stock is above $5 in april, you make $1.35 for investment of 3.65 - 37% return w/small risk.

No loss unless stock is below $3.65.

 

[1flyfisher]

LMAO

that's what happens when the mind goes.

Quote from 11Blade:

I thought that the specialist was just accumulating inventory and moving paper?

 

[Kaempferrand]

Man you guys are not going to let that one go I see....

Yeah it is pretty funny I have to admit.

 

[1flyfisher]

Here's my best impression of the kook.....

""""""the ax has an alibi....where do you think those shares go? share heaven?......it's an operation I tell ya...an operation, specialist accumulating paper, he has an alibi""""""


LMAO

 

[midlifeguy]

Good chance the stock is at zero in April.

Quote from yucca_mtn:

CFC at 9.65.

april $5 calls at $6

(from yahoo site this weekend)

buy the stock then sell covered calls at $6 -- net cost $3.65.

If stock is above $5 in april, you make $1.35 for investment of 3.65 - 37% return w/small risk.

No loss unless stock is below $3.65.

 

[milehigh_trader]

Quote from midlifeguy:

Good chance the stock is at zero in April.

Wanna sell me some?? $3/share?

I'll trade you Enron stock!!

 

[mobilni]

Time for long or what?
8.99$

 

[pumpanddumper]

Must be a lot of pissed off longs in CFC saying "why is CFC not going up with rest of market"? crying a river.

Fuck them, I hope they declare BK overnight.

 

[1flyfisher]

The price action is WEAK, market is up huge, everything is up today, all the builders up, CFC is down.

Quote from mobilni:

Time for long or what?
8.99$