Fannie and Freddie Shareholders Run for the Exit [View article]
Corning went from $80+ to under $2 in months. It recovered. Nextel went from $30s/40s to under $3 in no time. It recovered Etrade plunged from $60 to $2 fast. It recovered. AES went from $70 to $2. It recovered. Healthsouth went from $30 to 9 cents. It recovered.
MBI and ABK were left for dead, they are the first to start recering in this cycle. BTW the shorts that raided those 2 have now moved on the FRE and FNM.
Whats going on with the GSEs is simple fearmongering in a time of uncertainty. It works everytime.
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Corning went from $80+ to under $2 in months. It recovered.
Aug 20 22:23 pm
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All Comments by ohreally »Fannie and Freddie Shareholders Run for the Exit [View article]
Nextel went from $30s/40s to under $3 in no time. It recovered
Etrade plunged from $60 to $2 fast. It recovered.
AES went from $70 to $2. It recovered.
Healthsouth went from $30 to 9 cents. It recovered.
MBI and ABK were left for dead, they are the first to start recering in this cycle. BTW the shorts that raided those 2 have now moved on the FRE and FNM.
Whats going on with the GSEs is simple fearmongering in a time of uncertainty. It works everytime.