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

To: saveslivesbyday who wrote (85459)8/15/2007 2:37:39 PM
From: RockyBalboaRespond to of 306849
 
CFC preferreds trade in the danger zone.

Preferred A: 14.00
Preferred B: 13.80

Meanwhile CFC reached 20.



To: saveslivesbyday who wrote (85459)8/15/2007 2:56:40 PM
From: jpk1Read Replies (2) | Respond to of 306849
 
Just telephoned my friend who works for CFC, a little after 2. He was unaware of the Merrill Lynch news. When he brought it up on his screen he was horrified and told me he would call me back, he had to e-mail the news to all his buddies in the company. Don't know if its just coincidence but the stock started tanking even more after that. I know he was selling his shares.


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