Buy AHM tomorrow morning?

Debt will just kill this company in the short run. I am just hoping for a nice bounce tomorrow.

 

so your calling a top on delinquencies, defaults on subprimes?the party might have just began, I have no idea when it will end, how can you?if this rebounds it will be technical

 

Exactly what I am hoping for and will probably receive. This bounce will not be a result of good news. It will be a "dead mans bounce", you stay in too long and you get stomped on!

 

Just picked some up at 2.41 and tried to enter a stop but ameritrade isn't taking stops for this stock,

anyone else seeing the same with other brokers?

 

Wasn't worth it to get in at 2.41

 

James Altchur discussed this trade in an article a couple of years ago. The short covering generally causes stocks to rise 100-300 percent. Kicking myself also.

 

serioulsy been a great call..

 

yeah but whats the catalyst for you to enter and exit the trade, you could have been buying new century all the way down and lost so much it would not make up with a rebound

 

Ask John. I dont know the specifics. Thats why i didnt do it.

 

Exchange examiners: please note:

AHM = The ticker is recording a lot of mighty 'strange' out of order and very wide price spreads.

($1.31 and then jumps tp $2.39; etc., etc., etc.)