Freddie Mac for the last 5 days. It isn't chart magic to decode the price action. Freddie visited the confessional and lost $2b in the last quarter and wrote down assets an additional $8b. Dontcha just wish you knew ahead of time that this was coming? Opened down approximately 30% this morning. Couldn't even tell you what 30 puts would have cost you last Wednesday when it is obvious (in retrospect) that the bad news was starting to filter out to some people.
Let's see what related stocks have to say after things settle down. Perhasps a head and shoulder formation?:
5 comments:
too early to write anything other than first.
Freddie Mac...? That's the name of the guy I hooked up with last week at the local Sacramento "alternative" bar. :-D
Casey, I would be surprised if he was caught holding your assets either. In fact I bet you managed to sneak some of your junk into his portfolio through the backdoor.
Does the 'pyscho-expander' only provide enlargement for the clinically diagnosed?
Is this the wave of the future now that cash back at close and MEW are disappearing and surgically augmented breasts are affordable to fewer?
Why does this remind me of the post a few threads ago about the surgically enhanced single mother friend who was losing her house?
Correction....in tribute to Casey...."loosing her house".
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