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7 pts

Opinion on  Countrywide Financial Corp (CFC)     Sector: Financial  >  Industry: Consumer Financial Services
REDUCING MY TARGETS

Nov 27, 2007 02:55 PM GMT
Godathiscomputer
Return Risk
-2.27% HIGH
Sr. Analyst

if CITI needs 7 BILLION U.S. dollars CountryWide is TOAST, needs capital .... Fair Vaule is 0.87c/share

Update 11/27:

CountryWide does indeed go under $1 due to their tremendous exposure to mortgage market and too their PMI obligations. I predict this event to finally take place in August of this coming year and the only good news which genuinely I see forthcoming in the future in an offer by Bank of America when CountryWide is hovering solidly at these levels, the offer will be a minuscule $3.75/share for “ALL” of CountryWide


CFC:  This call was made on 11/27/07 @ $8.92
Rating:   Negative   $8.92 (11/27/07)
Gain/Loss:   n/a in 1644 days
Target:   $0.87 (-90.25%) in Six months


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loverboys   N/A     1 point   commented 736 days ago reply

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Andrew Jewell previously rated CFC
Neutral/Hold -8.14% BuyBuyBuy CountryWide (CFC) @ $1.78/share, it'll get there
11/21/2007
2
Neutral/Hold +0.00% BuyBuyBuy CountryWide (CFC) @ $1.78/share, it'll get there
11/21/2007
1
Neutral/Hold +0.00% BuyBuyBuy CountryWide (CFC) @ $1.78/share, it'll get there
11/21/2007
1
Neutral/Hold +0.00% BuyBuyBuy CountryWide (CFC) @ $1.78/share, it'll get there
11/21/2007
1





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