Say GoodBye to Countrywide

Quote from basis:

1. CFC used BAC to access fed funds window? Huh? There's so much shit in that statement I can't even see clear to correct it.

2. BAC was not allowed to hedge. They're hurt.
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If FED are not involved than why today's news about acquisition came out of Washington?
 
Quote from GRECHA:

Wonder why there was no halt on the stock this time?
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Halts only occur if the company is going to say something. The buyout rumor came from a different source.
 
Made a trade on thiss POS today long. Weak action... Hope I made the right decision and dumped this before their earnings tomorrow. My only losing finacial trade today.

Coin flip on earnings. Probably shoots up now that I'm out again....
 
Quote from pumpanddumper:

Made a trade on thiss POS today long. Weak action... Hope I made the right decision and dumped this before their earnings tomorrow. My only losing finacial trade today.

Coin flip on earnings. Probably shoots up now that I'm out again....
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earnings bad, and worse than expected...but better than traders thought! I only go long countrywide like i say long time ago. Stock going into the shit-hole means you look for times to buy it. more winners than losers. Keep on rockin' me dragon!
 
So many idiots bought CFC. Why would anyone buy stocks in a company where the CEO is unloading shares left and right as quickly as possible.

bomb_squad.jpg
 
Quote from KINGOFSHORTS:

So many idiots bought CFC. Why would anyone buy stocks in a company where the CEO is unloading shares left and right as quickly as possible.

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I dunno...I keep making money going long CFC, but I guess I am not stupid enough to hold on to the stock very long.

Third day in a row it's up, I think I'll be exiting my long position.

RIDE The DRAgon!
 
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