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Re: vhgier post# 892

Thursday, 10/27/2016 8:11:39 AM

Thursday, October 27, 2016 8:11:39 AM

Post# of 1007
who talks here about Genworth? Yes, Genworth is screwed...but what penalty will be set on Chinese, if they back off? Nothing..only on Genworth, which is already burried.

I have a feeling, that all this info has been orchestrated, mutual funds and institutions agreed with Genworth and Chinese this deal to be announced, so that they can bail out with as less harm as possible..In last three days has been traded possibly 30% of total O/S...
Possibly I am wrong. But even the small probability that I can be wrong makes GNW to risky to buy...to gain 20% comparing to lose 100% is for me not a reasonable risk
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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