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


To: MulhollandDrive who wrote (166764)11/24/2008 7:57:23 AM
From: Think4YourselfRead Replies (1) | Respond to of 306849
 
Yeah, still holding my C. Tripled down late last week with options, which were pretty much pricing out any bailout.

Common may go to 0 eventually. I would sell today but look at the stock of FNM, FRE, MBI, and AIG. It has taken many months and those stocks are still around. FNM and FRE stock should have been 0 6 months ago, and AIG stock won't have any value for years, if ever. I suspect C has a better chance of recovering than any of those companies (but still not a particularly good chance).