Its about time the sellers kicked back in, now that the short selling restriction has been lifted, shorters are hitting FRE and FNM hard!
The Barrons article over the weekend which questioned the ability of both FRE and FNM to last through the housing crisis hit the stocks today.
Get more of the article and some comments […]
A quick look at stocks making new lows, and its easy to see that financials are a big part of that group:
Symbol Last Volume %Chg
MER 46.39 38502436 -5.94%
FNM 22.14 29506724 -8.78%
WB 27.83 27130218 -3.13%
JPM 37.67 26329662 -2.76%
LEH 46.11 17427902 -4.06%
FRE 20.06 16178916 -7.30%
AIG 43.46 14730062 -2.58%
SFI 13.35 10204020 -17.34%
MS 40.03 9352478 -3.47%
CROX 19.01 […]
