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Opinion on Countrywide Financial Corp (CFC) Sector: Financial > Industry: Consumer Financial Services
BofA Boosts Banks

Aug 23, 2007 05:24 AM GMT

Big Ben

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Bank America's decision to make a $2B equity investment in Countrywide ( CFC ) shows that there is value in the banking sector. I still remain cautious about the sector as a whole and would be hesitant to put money to work in the financials. I continue to hold shares of subprime lender Accredited Home Lenders ( LEND ).

Note: I am long LEND

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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

CFC: This call was made on 08/23/07 @ $24.3

Rating:	$24.3 (08/23/07)
Gain/Loss:	n/a in 826 days

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Opinion on Countrywide Financial Corp (CFC) Sector: Financial > Industry: Consumer Financial Services BofA Boosts Banks

Opinion on Countrywide Financial Corp (CFC) Sector: Financial > Industry: Consumer Financial Services
BofA Boosts Banks