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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (28512)	10/12/2007 3:55:25 PM
From: Madharry	Read Replies (1) of 78758

I wonder if anyone else here bit on brinks mogif, mog.to . the stock, which had decined precipitously from a high of around $2 is up 14% today to over $.60 Can after having dropped as low as .40. I am clueless as to what is going on but happy its going up. I guess news of my buying gm puts keeps spreading. LEV has now dropped about quarter below what i sold it for., on news that homebuilder is probably not worth saving but that the parent company had lent it around $85Million. I imagine it will be waving bye bye to that loan in the event of a bankruptcy. I wonder how much levitt lenders are gonna lose in the event of bankruptcy? If we repeat this recipe a few times does anyone still want to be owning lenders right now?

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