shorted tons of it.....
they specialize in alt-A mortgage. You know what that is ? Something between prime and subprime.
NDE
Started by
greenie
, Mar 02 2007 01:58 PM
1 reply to this topic
#1
greenie
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- Traders-Talk ~
- 3,184 posts
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Posted 02 March 2007 - 01:58 PM
It is not the doing that is difficult, but the knowing
It's the illiquidity, stupid !
It's the illiquidity, stupid !
#2
jawndissedi
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- Traders-Talk User
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Posted 02 March 2007 - 02:35 PM
Prime slime? Kinda like pond scum.shorted tons of it.....
they specialize in alt-A mortgage. You know what that is ? Something between prime and subprime.
I'm short NDE along with about ten others in this sector. Nice to see NEW break decisively under 15, while NFI diligently works it way down to zero. DSL's being stubborn -- but I'm a very patient bear.
Da nile is more than a river in Egypt.
