Posts filed under “Short Selling”
Out of 254 financials in the S&P 1500 Composite Financial sector, 12 meet the criteria of being under $10, and having been over $20 in the past 3 years: CNB, ETFC, WM, HBAN, LEH, NCC, SOV, DRH, MTG, TSFG, BPFH, PBKS.
Thanks to Mike Panzner for the data screen
It ain’t just Lehman, Fannie and Freddie: There are plenty of other Pigs in the sea. > Washington Mutual (WM) We are long this — my trading desk has been trying to bottom tick this today — but I don’t like it as anything other than a trade. > American International Group (AIG) We are…Read More
Another day, another disaster at the 148 year old firm known as Lehman Brothers: > > When the posthumous story on Lehman gets written, I do not see how full blame for the debacle does not fall anywhere but squarely on CEO Dick Fuld, who has presided over a stock decline of 90%+ this year:…Read More