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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: The Reaper who wrote (2628)8/15/2007 11:28:57 AM
From: RockyBalboa  Respond to of 6370
 
Oh. Given the general market malaise in mortgages those ambulance chasers have nothing, I think. It's such a general and widespread problem (I mean too little liquidity and too much leverage) that they can no be blamed.

They should rather sue the banks who try to capitalize on that weakness and kill a company in an eyeblink.

Meanwhile...

Looks like day traders discovered LUM. On yahoo someone posted something about 11:10... I don't know what it meant.

At 12:00 there is IMH conf call. I wonder how it could be that IMH is still alive.



To: The Reaper who wrote (2628)8/20/2007 9:31:21 AM
From: RockyBalboa  Respond to of 6370
 
Sold some of the LUM at 0.90. Dilution is significant.