Discussion in 'Stocks' started by tickmagnet, Oct 20, 2009.
Don't listen to Anals , it's way oversold
and shorted , next leg up to 1.50.
Good Job, you kicked a lot of ass.
When these morgages get sold to the banks as a CDO by the government these will open the gates to more revenue. Think of how many people will rush to refinance as the rates rise over the next 30 months.
Im all in below 1.50
The nakster just said they had no intentions of raising rates in the near future. I don't see why banks would buy these mortgages when they could, if anything, generate new mortgages with more stringent criteria, instead of buy old bullshit from FNM/FRE... I don't see it, what are you seeing that I'm not?
you can polish a turd...
A polished turd looks like wood, dead wood.
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