Discussion in 'Stocks' started by Uncle_Ho, Mar 10, 2008.
Looks like the subprime mess anhilated this stock, is this a sucker play at $1?
They can't meet a margin call, the company is dead.
I remember vividly when the CEO crook said back in august on CNBC when the stock closed at $8 that everything was 'OK'. TMA quickly surged to 15 following the pump job, and now look where it is.
I don't think he knew how bad things were gonna get. I think him and some other execs even bought a truckload of stock at high high prices
ROFL LMAO. I just went and looked at insider actions. CEO H Thornburg bought $9,500,000 worth of stock on 10/19/07. Bad call huh boss.
LOL at least he puts his money where his mouth is even if he ends up having no money left.
good find. downside is only a buck.
I suggest you hock your Flash Gordon decoder ring and go all in.
$0.78 and puking hard.
It might see $0.00 today.
stock has stabilized now. too risky to short at this point
If I were in that business like JPM, Wachovia, or BOA, etc I would consider this an opportunity to acquire some assets @ super discount prices (vulture investing). Yes some of the assets are not worthwhile, but surely there are enough to justify the purchase @ 3%(based on 52 wk high)
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