Greenlight could own 19% of New Century

Discussion in 'Stocks' started by indytrader08, Mar 5, 2007.

  1. I just read an article on market watch in regards to the hedge fund Greenlight getting the ok from New Century to own up to 19% on the stock. This was arranged in March 06. I wonder if they still own that % or ever did. If so they are in bad shape.
  2. Greenlight = next blowup?

    Great lesson in never averaging down a losing position.