News Focus
News Focus
icon url

Damage_inc

07/24/08 1:37 PM

#8888 RE: Wiseguy_312 #8887

WG, Have you looked at Freddie Mac and Fannie Mae lately, how did they fare with some bad news? A financial blow can cut the knees out from any company. It’s how they recover that matters. They have the assets to justify the faith that they can acquire acceptable refinance terms. IMO, the window to buy at these prices will close very quickly!
icon url

bme

07/24/08 1:42 PM

#8890 RE: Wiseguy_312 #8887

wise. "it is a bit discouraging that this stock showed no strength when bad news was announced".
Cause it's a bunch of amatuer & daytrader in this to make a quick buck. They quickly bail out when the news hits & cause big fall.
Stock gets support by long term investors.