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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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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