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6 pts

Opinion on  Countrywide Financial Corp (CFC)     Sector: Financial  >  Industry: Consumer Financial Services
A change in thinking

Apr 23, 2008 03:21 AM GMT
Stockticker
Return Risk
+4.33% MID
Associate

Fundamental Analysis   Technical Analysis  

It's time to start thinking positively about this stock.
The technical analysis is looking good long-term and it looks like we are on the last half of the long, dark tunnel.
Let's just see where this is in Summer 2010


CFC:  This call was made on 04/23/08 @ $5.67
Rating:   Positive   $5.67 (04/23/08)
Closed:   05/16/2008 @ $4.99 (-11.99% in 23 days)
Target:   $12.00 (+111.64%) in > one year


Comments (2)

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allstarinvestor   85%     0 point   commented 566 days ago reply

its hard to rely on technical analysis for a name that is potentially subject to such drastic news. Also a BAC takeover may mean this stock is off the market in 2010
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David Young   84%     3 points   commented 549 days ago reply

BAC won't buy this stock, and it will be subject to something like Bear Stearns had happen over a weekend....just wait for one weekend in July and you'll be waking up to that type of "Fed brokered takeover/bailout" news.

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