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Opinion on  Bankrate Inc (RATE)     Sector: Technology  >  Industry: Computer Services
Interest Rates Moving Higher... No Recovery in Housing

Feb 10, 2007 05:50 PM GMT
Tammikuu-1
Return Risk
+5.74% HIGH
Sr. Associate

This stock has priced in a recovery in the housing market which will not materialize.   Inflationary pressure will lead to higher interest rates futher depressing housing and this stock,


RATE:  This call was made on 02/10/07 @ $44.33
Rating:   Negative   $44.33 (02/10/07)
Closed:   08/16/2007 @ $40.07 (+9.61% in 187 days)
Target:   $30.00 (-32.33%) in Six months


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