Say GoodBye to Countrywide

My system looks out up to a year, I think $20 can come by middle of next year

 

You can't be this stupid. It's not possible.

 

The selloff of CFC reminds me of ELN when it fell form 30 to 3.

 

The tan man's last stand is almost here. What tricks does he have left?

I'm rooting for a 9.50-$12 trading range in this garbage for the next month.

 

Fannie and Freddie todays latest surprise in the credit crisis fun.
Taking out the sector. Home builders charts look like a ski slope.
I hope you have been riding these stocks down with me.
It has been tooooooo easy.
Sell any strength you can find intraday.

Oh yeah CFC single digits.
Didn't some idiot say it could never go below $10?

 

Only means more to buy at better price!!!

Gotta know when to ride the dragon and when to fold!!!

 

at this point the risk of holding this short overnight far outweighs its reward....although this might go to 5 there is one major bounce left in this pos and you dont want to be involved in that bounce...peace let it go...

 

WOW!!!!!!!!!!!

Nice job tan man.

 

Damn that was the easiest money I ever made.

 

Just imagine all those big institutions with only a long biased approach holding on to this stock and see it drop week after week.

I would hate to be someone who would has his or her retirement funds in one of these big institutions.

Wow.