i just sold my 5k shares at 13.5. i dont know about a pop but quality stocks dont sink so deep so fast. i took a big hit coming in at 15 thinking i got a bargain. this looks bad.it really does look like its heading for single digits.damn i thought this was a safe company.
It is a good company. what you have to understand is that they are not so screwed with subprime considering their totl captilization. Also, there are many good companies that are being sold of by brokers due to margin calls that their customers can not come up with cash, thsi also cause computerized trigger selling. You will see that met will bounce back strong on the next bear rally,,,possibly this week. You know, there comes a point where a company is oversold...met is at that point. Tis stock has ALWAYS ridden the dow up and down, aside from its own merits. I bought this stock @ the ipo of 13 bucks and have traded in and out of it a gazillion times. particularly in thelast 18 months. go look at past histiry of how it crushes and soars with the dow.