TMA going under?

Quote from Daal:

the credit facilities they have demand profitability, the firesale will count as gaap losses so it will be up to the facilities to decide to shut them down then they will file for bankruptcy
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interesting.
 
Quote from 1flyfisher:

You would have lost 40%+ on that theory.
Stock is down big again ah
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I know its down to $2 in AH. Watch the rally from $2 - $2.30 tomorrow. Obviously bail on the bounce. Yeah, you can get greedy and "hope" for a double from here like ETFC but not likely. I say take the 5-10% spikes and dump it just like ABK.
 
When you were saying it was going to do a BK bounce the stock was Trading at $3.80 after the first plunge. So 3.80 was you initial entry point for your so called BK bounce.


Now your next attempt at catching the falling knife has an entry at $2.00 to catch a bk bounce.....
today the stock is trading at $1.26-1.37.

Want to make a third attempt at catching the falling knife?




Quote from pumpanddumper:

I know its down to $2 in AH. Watch the rally from $2 - $2.30 tomorrow. Obviously bail on the bounce. Yeah, you can get greedy and "hope" for a double from here like ETFC but not likely. I say take the 5-10% spikes and dump it just like ABK.
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this may be the beginning of a new chapter....like when bear stern's fund first collapsed, now we are seeing mortgage co going into actual defaults.

very dangerous times, daytrading with no overnight positions is probably the least risk right now
 
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