here's another quote from stock_trader3r from nov. 1st: 11-01-07 07:43 PM "And no one cares about CFC or wamu all bad news priced in" please, give us some more to fade, you're a very good indicator.
There is a country wide where I live The building still intact. Still in business. This stock will rebound.
okay, since cfc closed at 15.52 on oct. 31st and we are now up 33% on the short just since fading your comment on Nov. 1st, i'll take that as a "stay short", although i do have a buy stop in, to lock in my tidy profit. thank you, sir.
Funny thing is im not, I went long before earnings at around 13 and change and sold the next morning, since then I havent touched it... I have been calling this a short since upper 30's.
WISH I HAD HELD IT, would been one awesome ride. S2007S Registered: Aug 2006 Posts: 4962 03-23-07 03:40 PM CFC is getting back into my short area, I like shorting it above 36, trying to hold out for the 37.50-38 to get short again.
Yeah man, just like riding the dragon...gotta stay true to your beliefs! On that note, I just reversed my CFC position and getting ready to go long here. THis shit is goin back up to $25 soon!!!
eh $25, not likely anytime soon, I dont see housing bottoming until 2010 the earliest which means CFC has a long way to go before it sees any sort of rise in its stock price. CFC could easily see $3-$5 before goin back to $15-$20.