Good night and get the fuck out. Think she topped at 3.50. Tried to short at 3.30 and couldn't get shares.
is anybody here a Bear Stearns client who received detailed client notes on the TMA upgrade? I'd be interested in seeing the full text of what Bear Stearns said.
I don; think this margin call thing is that big of a deal. Thornburg still has a functioning business.
How much does the Fed's $200 billion really help TMA? Bear Stearns: "The Fed's move may be ``dramatically'' improving the value of mortgage-backed securities and could add liquidity to the market, Bear Stearns analyst David Hochstim said today in a note to investors." Fast Money: Thornburg Mortgage rocketed up 119%. Tim Seymour said the stock is nevertheless down 93% on the year. The Fed move doesn't help Thornburg, he said.