Write-Offs: 10.25.07

Posted by Bess Levin, Oct 25, 2007, 5:47pm

$$$ Got a whole bag of "shh" with your name on it, Greenspan. [LoSC]

$$$ Fuck You: Guidelines on Swearing at Work [Banker's Ball]

$$$ Anticipating Countrywide’s Debacle [MarketBeat Blog]

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Posted by Random Banker, Oct 25, 2007 6:13PM

Yeah remember when I posted on here that country wide was at the "bottom" and it was a good value investment.... well that was 40% ago and I got that one wrong. Sorry about that guys. You were right, I was wrong... There will be a price at which countrywide is undervalued, and I look forward to seeing you all where that price meets my portfolio.

Much love Namaste, Peace.

Posted by , Oct 25, 2007 6:27PM

Random Banker, CFC is going 0.

Posted by Random Banker, Oct 25, 2007 7:11PM

Maybe, Maybe. but the shares would still have option value at some price. My main thinking is that its a take over target but with all the other banks licking their own wounds it may not make sense.

Posted by Cramer Rules!!!, Oct 25, 2007 8:26PM

http://www.cnbc.com/id/15840232?video=576649152

PSYS... I apologize and Thanks Cramer for replying.

earlier on, my local management told me, their US depot in buffalo has 2-inch thick prescription goggles for sale, if I ordered 3 weeks in advanced I will get it now. I guess they lied.

Posted by Cartman, Oct 26, 2007 6:06AM

Anyone try doing M&A on the 13th floor, "Mickey Blue Eyes" Style ?

Posted by Dave D'Rave, Oct 26, 2007 1:15PM

I figure that Countrywide is going negative. Is it even _possible_
for a stock to go negative???

There's always a first time for everything, I guess. . .

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