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Alias Born | 08/06/2009 |
Tuesday, August 09, 2011 8:00:31 AM
Keep in mind that this stock is tied to the financial markets, and as such has been hit by the downgrade of the US markets to AA+ status.
I was hoping S&P wasn't going to do it, but they did. Now any company tied to the financial markets is going to be hurtin for a while.
Check the time periods for when this stock first started its significant decline...right around when the news first came out that there was a stalemate in Washington regarding reaching an accord on the debt ceiling.
As always this is IMHO, but I believe this to be true 100%.
GLTY,
Neo
Remember people to only play with the money your wife/husband/significant other won't disembowel you for should you lose everything if your stock goes the way of the dodo!
JMHO!
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