Stay as far away from this name as possible. It has been bid up by uneducated retail investors and short covering. Do the math. Negative tangible equity means the common is worth ZERO!
How Much Risk Is the Treasury Really Assuming from Financial Institutions? (Part 2) [View article]
Treasuries are in a bubble now. A bit of good economic news and you will see a huge sell off in bonds and interest rates will go up. You cannot throw this much money at an economy and not get it moving. My guess is the day the employment numbers shock to the good side is the day the Treasury market gets smacked.
Great Depression Not Imminent, But Inevitable [View article]
We are not going into a so called Great Depression. Talk of this is foolish at best. A housing collapse of 50% does not equal 30% unemployment and a 40% decline in GDP...No Depression..
Stay Away from AIG - Barron's [View article]
Wall Street Breakfast: Must-Know News [View article]
How Much Risk Is the Treasury Really Assuming from Financial Institutions? (Part 2) [View article]
Finally, Some Disclosure from Companies That Received Bailout Funds [View article]
Great Depression Not Imminent, But Inevitable [View article]
however..
Great Depression Not Imminent, But Inevitable [View article]
Best and Worst Performing S&P 500 Stocks, YTD [View article]
Finding Relative Value in Financial Services [View article]
Stay away from all of these names.
Dow 30 Performance Since 7/15 [View article]
Tuesday Options Outlook: WB, F, AIG, DFS, EMC, INTC, VIX [View article]
Dow 30 Price Targets - Too Much Optimism? [View article]
Fast Money Recap, 3/27/08: Oracle a False Profit [View article]