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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (76319)4/18/2007 11:05:53 PM
From: orkriousRead Replies (1) | Respond to of 306849
 
I'm sure LEND and NFI in particular will get another leg down but in NFIs case you have a once $60 stock at 5 now. What I saw with the techs that did that, is once that kind of crash happens the last few bucks is really a crap shoot. One small piece of positive news and its a powder keg to the upside. Thats the subprime lenders.

What does that have to do with anything? I said I was short DSL.

BTW, the subprime lenders like LEND and NFI are dead. Their industry is gone forever. The GSE's may take over the scraps.

I covered my LEND at $4.70
Message 23364229