Is there a floor?
I think tomorrow we will see the bottom or BK.jmho.. bwtfdik..Think DD with this stock & all others.<eom>
Maybe we saw it today @ $1.25. If not BK or maybe MET or PRU will step up to the plate andoffer them $2.50 per share. JMHO<eom>
4.5-5 dollars just like WAMU and Countrywide. Junk level for take over target.
As of today I see a new AnnLow @ $19.50. Hmmmmmwhat will tomorrow & next week bring us?
There only one bottom that I know for sure, it's zero.
One big bad news will make entire financial sector bottomed.
BK, or go to Saudi's for loans. Maybe a buy out 3-9 months down the road.. JMHOThink DD with this stock & all others.<eom>
Unfortunatly the answer is NO. It will take a year for all the uncertainties in this sector to work themselves out. Painful times with no incentives for our leaders on both sides of the asle to really solve anything.
not only a floor, a sub basement and catacombs. 17 -18 by August.