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Jun 23 14:07 pm
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All Comments by ILongyou »Countrywide: Potential Short Squeeze in the Offing [View article]
** oh... one more thing... also note that Lewis first paid $2B for about 16% of CFC and then only five months later promised $4B (which is now closer to $3B) for the 100% :) So he is not as smart as y'all think.... here is what happened to the other "smart" CEO with almost the exact same scenario...
www.clusterstock.com/2...
www.nypost.com/seven/0...
kinda like someone paid $100 for a stock, which is now $25 and the long, always scared to fess a mistake and thinking greatest bargain of his life, throws more good money after bad... only to see it drop to $0.25 :)