New Century Financial Down 40% Today

Discussion in 'Stocks' started by ByLoSellHi, Feb 8, 2007.

  1. NEW: NEW CENTURY FINANCIAL CORPORATION - 2/9/2007 12:19:29 PM ET
    Price *Change *% Change Bid [tick] Ask BxA Size Open Volume
    17.79 -1.45 -7.54% 17.77 [+] 17.79 1 x 5 19.30 8,961,100
     
    #31     Feb 9, 2007
  2. YEAH!!!!!!! Burn, baby, burn!!!!!!!!!!

    NEW: NEW CENTURY FINANCIAL CORPORATION - 2/9/2007 12:48:36 PM ET
    Price *Change *% Change Bid [tick] Ask BxA Size Open Volume
    16.45 -2.79 -14.50% 16.45 [+] 16.46 7 x 4 19.30 12,851,000
     
    #32     Feb 9, 2007
  3. gimp570

    gimp570


    hey Bylosellhi...did you cover yet?
     
    #33     Feb 9, 2007
  4. No way.

    It's going down more. All faith in this has been shattered, and there's much more selling to come. It may bounce a little before heading down again.
     
    #34     Feb 9, 2007
  5. gimp570

    gimp570


    hope you are right......
     
    #35     Feb 9, 2007
  6. I will cover at $16.00

    There will be another wave of selling before the close.
     
    #36     Feb 9, 2007
  7. gimp570

    gimp570


    if it hits 16 today...then it might go to 12......

    I really thought this thing was going to get haulted......
     
    #37     Feb 9, 2007
  8. gimp570

    gimp570

    just covered.......
     
    #38     Feb 9, 2007
  9. Nice trade.
     
    #39     Feb 9, 2007
  10. VictorS

    VictorS

    Very nice timing Gimp. Looks like there are still a lot of offers....
    Nice one Bylo. I need to come up with a intraday short-sell strategy. I just watched this one tumble all day.
    :eek:
     
    #40     Feb 9, 2007