Countrywide Financial Corp. (CFC)

All Comments on CFC

  • commenter
    JCCIII
    Aug 04 09:07 AM
    On Short-Sellers and Dishonest Executives [view article]
    I concur with the comments. Shorting is fine, and necessary for a properly functioning market. Naked shorted is not fine, and should be banned in all circumstances. Reply
  • commenter
    TanToday
    Aug 04 08:46 AM
    On Short-Sellers and Dishonest Executives [view article]
    I guess you TOTALLY IGNORING "illegal naked shorting" and the ramifications of essentially "counterfeiting shares" with unlimited numbers flooding the markets was deliberate?

    One would be hard pressed to believe your expertise as a "shorter" and praise of that flavor of "investing" would leave you ignorant of the naked shorting problems.

    So, where was the discussion of THAT HUGE MARKET MANIPULATION?     Reply
  • commenter
    nyka
    Jul 30 06:16 PM
    My Website
    Wachovia: Waiting for a New Entry Point [view article]
    Too many references to I I I I I I I. What was your objective in writing this piece? It sounds like you're explaining how tough it is to make money in this market. Wow, that's quite a revelation! Reply
  • commenter
    roebull56
    Jul 30 12:51 PM
    Wachovia: Waiting for a New Entry Point [view article]
    BigAl45 is on the mark. When WB is teetering on bankruptcy by year end, watch a GS come in and offer a "generous" $3.00/share. Here's a hoot, I read that, "Deutsche Bank's Mayo is even more bullish, pegging a $30 price target on Wachovia's shares.". Hah! if so why isn't WB trading at a minimum of $24/share? CEO Steele's 16 mil purchase. I wouldn't be surprised if WB "lent" him the funds. Good PR. Reply
  • commenter
    Big Al45
    Jul 29 08:19 PM
    Wachovia: Waiting for a New Entry Point [view article]
    I'd wait until the 3rd Quarter results are released before investing in this dog. Steele has no more than six months to turn things around.

    If Steele can sell the bad mortgages, and get rid of the leftover executives from 1st Union, WB might survive as an independent company.

    If not, somebody will take them over for less than $12 per share (in stock).     Reply
  • commenter
    investorinPA
    Jul 29 02:37 AM
    Wachovia: Waiting for a New Entry Point [view article]
    If you stink at picking financials, why do you keep insisting on picking financial stocks??? Its a falling knife. Reply
  • commenter
    muley101
    Jul 28 10:29 PM
    Wachovia: Waiting for a New Entry Point [view article]
    2 words: STOP LIMIT Reply
  • commenter
    fla10000
    Jul 28 03:41 PM
    Wachovia: Waiting for a New Entry Point [view article]
    We might have some answers about cost cutting by this time tomorrow. Rumor has it that the old World Savings mortgage employees will be out of work by Friday. So much for that 26 Billion dollar purchase. It amazes me to no end how everything bad at Wachovia was blamed on World Savings. Check out the loan losses on World Savings mortgages vs. Wachovia. Eye opening. WOW! Reply
  • commenter
    noretention
    Jul 28 01:23 PM
    Wachovia: Waiting for a New Entry Point [view article]
    Wachovia and its new CEO = more of the same...lots of PR spin and much-o more RE losses to come. Reply
  • commenter
    sliman
    Jul 28 01:22 PM
    Wachovia: Waiting for a New Entry Point [view article]
    Bank will bust before financials turn Reply
  • commenter
    Muzie
    Jul 28 01:00 PM
    Wachovia: Waiting for a New Entry Point [view article]
    Synopsis of article:

    "I called the bottom three times and failed lamentaly three times. Oh well. But trust me, I'm good at calling bottoms.

    Since I refuse to accept I may not know jack shit about what I'm doing, let me call another 4th bottom and have the arrogance to actually give that advice publicly so that other suckers may join in on my mistakes."     Reply
  • commenter
    valueinvesto
    r123
    Jul 28 10:47 AM
    Wachovia: Waiting for a New Entry Point [view article]
    I love the concept that $4.50 to zero is not a long way to fall. If you put an equal amount into two stocks and one goes from $4.50 to zero and the other goes from $40 to $10 you are still better off in the $40 to $10 one even though it dropped by $30. Reply
  • commenter
    Jimmy
    Lathrop
    Jul 28 08:17 AM
    My Website
    Wachovia: Waiting for a New Entry Point [view article]
    I think what the author is suggesting is that you should invest in bank stocks as merger arbitrage, on the hope that maybe a bigger bank will buy the assets when they fail, as opposed to falling into receivership and ending up with a total loss.

    A safer bet would be driving to Las Vegas and laying down money, pre-season, on which team would win the Superbowl based on the team's colors matching the most attractive barmaid's eyes.     Reply
  • commenter
    hunter
    Jul 28 08:14 AM
    Wachovia: Waiting for a New Entry Point [view article]
    to squashnut-you idiot 5 times his base salary is 5 million NOT 16 million which he paid for the 1 million shares. Mr Steel will lead Wachovia back. Reply
  • commenter
    squashnut
    Jul 28 04:53 AM
    Wachovia: Waiting for a New Entry Point [view article]
    You moron didn't you read that Wachovia requires its CEO to hold 5 times his base salary in stock?

    Not a word in this whole article about fundamental earnings, non-perfoming loans, etc. Bad joke.     Reply
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