No doubt sub-prime has many people running under rocks and withdrawing their money at astounding rates. Truth be told, NOW is when I am getting in. Yes, I'm a contrarian, and yes this is an opportunistic time for this stock.
http://www.bloggingstocks.com/2007/04/12/contrarian-bets-against-...
We are hoping that a buyer will snatch NFI up at an extreme discount to save it's equity and restructure the company so as to make a profit. This is old news, but explains why they tanked.
http://www.reuters.com/article/marketsNews/idUSN2022275020070221
We know the whole market is bearish so expect prices to recover with a massive profit.
$5.35 (04/16/07)
