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3 pts

Opinion on  NovaStar Financial Inc. (NOVS)
Novastar (NFI) Tumbles

Feb 21, 2007 05:53 AM GMT
Return Risk
-8.80% HIGH
Tracked Blogger

Recent News  
Via invest4today.blogspot.com/:  

Subprime mortgage lender Novastar Financial (NFI) reported a quarterly loss of $0.39 today. Earnings were hit by defaults and write-downs. The company also said it may change its status from REIT to a regular stock. Say goodbye to that dividend. NFI is down 32% in after hours trading. I would continue to avoid the two well known publicly traded subprime lenders (NFI and NEW).





This is a tracking account  [?]   SocialPicks is not affiliated with Big Ben. The POS/NEG sentiment is automatically determined by SocialPicks from this blog post and should not be recognized as a position recommendation by Big Ben

NOVS:  This call was made on 02/21/07 @ $11.02
Rating:   Negative   $11.02 (02/21/07)
Gain/Loss:   n/a in 993 days


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