Remember about 60 days ago right after earnings we cratered to 4.05. That's 35% down from here.
Things are worse now. SP has rejected managements plan and officially downgraded GNW.
This will increase GNW costs, decrease profitability and book value.
GNW is materially worse now then on August 3 when we traded at 4.05.
We could easily be in the 3.50-3.65 range after earnings and technically speaking the charts are pointing that way - we about to cross through major technical support.
It will accelerate when we break 5.00.
Why don't you knock it off with all those negative waves? Why don't you say something righteous and hopeful for a change?
Sentiment: Strong Buy
Drop dead - Dumbo!