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Old 09-07-2007, 08:56 PM
PairTheBoard PairTheBoard is offline
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Join Date: Dec 2003
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Default Re: countrywide (aka enron) cans 12k employees


2+2 Thread from back in Feb '07.

Cramer was touting CFC at $45 back then as being the beneficiary of a subprime meltdown of its competitors.

My thoughts from that thread,
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This reminds me of the bursting of the tech bubble. A lot of weak stocks went to zero and were never bargains at any price. Meanwhile, the best companies held up for a while but finally fell to levels that were almost unthinkable near the top of the bubble.


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PairTheBoard
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