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Walter Investment Management Corp. Message Board

  • trader431 trader431 Jul 6, 2011 4:09 PM Flag

    looking for suggestion

    I have small short position in WAC for short term investment considering over bought position. It seems like it has long term growth due to acquisition. However, I think for short term it does seem like going for correction for $1 or so. That's just my feeling, don't have concrete evidence to support it.

    I was looking for some advise from experts here on what should be entry and exit signal for this stock. Housing is douple dip, should not cause this stock to go down? Let me know what you think I should keep eye on.

    Thanks,

    Trader..

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    • Today market is going really down due to job reports but Mr. WAC is not moving down at all. Can someone please shed some lights on?

      - Are we looking into some type of merger in near future?
      - How come ugly job market will help WAC?

      This stock is definitely puzzling me. It is showing very high strength, which I am unable to understand.

      Trader.

 
WAC
18.32-0.21(-1.13%)Apr 17 4:02 PMEDT