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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (32229)9/30/2008 1:38:15 PM
From: Grommit  Read Replies (2) | Respond to of 78476
 
ALD. Tough break paul.

well, looks like the insiders did not see it coming.
finance.yahoo.com

and if you were quick, there was time to sell AFC before it followed ALD
finance.yahoo.com

I wonder how save the AFC is?

MCGC is taking a tumble also.
finance.yahoo.com

(I did not own ALD, MCGC, but have some AFC).

$320 million loss (if that is the amount of the loss?) doesn't seem like enough to cause 50% drop in ALD stock. What was the value on the books of the loan unit?