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Again, 2 weeks ago (really last week) Bear Stearns was fine per the CEO and trading in the 60 - 80 $ range. 2 bucks now, heck a lot of people with a hundred shares may loose money just selling it !!!!
And a year ago Countrywide was fine, no problems per the CEO (the Tanned Mozilo) trading in the 30s, and they are now in the 4s and rumor still swirling they will not survive.
Time will tell, they (the gov) got us into one H of a finanicial mess.
But I love to Short, so trading this week could be real fun.
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KLK, MCSE
1990 500SL
I was always taught to respect my elders.
I don't have to respect too many people anymore.
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