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Strategies & Market Trends : Ride the Tiger with CD

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To: Rocket Red who wrote (229052)6/10/2013 9:50:44 PM
From: 6furlongs  Read Replies (1) of 313348
 
A lot of people were expecting a FDN writedown in Q4 so most of this is already priced into the stock. I'm pretty sure the stock will open lower tomorrow but I don't think it'll be as bad as you predict. $720M is pretty small compared to some of their other writedowns. :)
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