Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next
Author: pcapete Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 461  
Subject: Re: Conference Call Worries Date: 12/19/2007 7:22 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Ray, why would you be bulish, they've orignated and hold a lot of subprime and alt-A loans. Etrade sold theirs for 27 cents on the dollar. Aren't you worried about that exposure?

Also on the conference call they mentioned they mortgaged their headquarters. That makes me nervous because they have maxed out their credit lines, and they have a big debt payment due tomorrow.

I think I'm going to sell my shares tomorrow. I just have trouble sleeping with this stock. It's not worth the risk in my opinion.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Macro Economics

Intel's Broadwell Potential
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement