NEW YORK, August 6 (dailywallstreet.com) - Analysts at Friedman Billings reiterate their "underperform" rating on NovaStar Financial Inc (ticker: NFI). The target price has been reduced from $4.50 to $0.
Cramer is saying every one who is taking gas on the CDO's riddled with crappy subprime loans are shorting all the mortgage and building companies as a hedge.
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