Posts tagged as:

cfc

Now we are talking!

January 10, 2008 by Ryan Barr

Here we go… Bank of America BAC(7.84 +0.39) might buy Coutrywide CFC(0.00 +0.00) – here is the link to the yahoo finance story. Big Ben wants to lower rates – here is another link, again yahoo finance However… American Express is warning that 2008 looks a little bleak – yahoo finance. What does it all [...]

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Holy Bottom Batman!

January 8, 2008 by Ryan Barr

Oh mama… Here we go. Technical support has dropped out and we are dropping like rocks. Time to start paying very close attention to things. I’m not running yet, but I am putting out a buy order for a possible fill on a jump… We’ll see!

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Ouch! Getting slammed in CFC

January 8, 2008 by Ryan Barr

Ouch!  Rumors are flying today that Countrywide Financial is going to file for bankruptcy!  The stock has just be slaughtered today – CFC(0.00 +0.00). Well, I’m quite happy now that I didn’t actually sell those puts.  It would be an ugly margin day in the account as we would be covering all of the intrinsic [...]

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Theoretical Countrywide (CFC) Play Update

January 7, 2008 by Ryan Barr

So there are times that I am glad I didn’t actually put on a position.  This is one of them.  Take a look at the current state of CFC(0.00 +0.00).  This stock is just getting hammered, again!  Today it dropped $0.78 or 9.6% – there wasn’t really any real news! Personally, I’d be getting a [...]

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A trading idea… going naked on Countrywide

January 3, 2008 by Ryan Barr

What would happen if… my thoughts on an interesting trading idea. A bit of analysis and some more follow up to come in a few weeks once this plays out for real.

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