Mortgage Lending Stocks
Are Imploding after Massive Insider Selling. Tiger Users were Short! Artilces - 3/14/2007 - Wall Street Journal |
NFI - Massive
Insider Selling above $30 last year. Down nearly 90% since November. A Criminal Investigation is taking place. The steadily and frequently deep negative readings of Tiger's Accumulation Index signified heavy Big Money Selling. This type of selling in a generally rising market can only mean insiders and "insider-informed" Big Money were very busy selling. |
NEW - Trading has been halted in New
Century Financial. Down more than 90% since November. A Criminal Investigation is taking place. The steadily and frequently deep negative readings of Tiger's Accumulation Index signified heavy Big Money Selling. This type of selling in a generally rising market can only mean insiders and "insider-informed" Big Money were very busy selling. |
LEND - Accredited
Home Lenders Holding Co. LEND was picked as a short sale in December 2006 by our Special Situation service. It is down nearly 90%! |
Another Leg Down for Housing Stocks The decline in these stocks spells big troubles for housing stocks generally. Our Tiger Index of 32 housing stocks looks ready to start another leg down. Note the false January peak. It showed a new high with the Tiger Accumulation Index negative. Traders who bought on the last short-term Buy are being forced to sell. A new low will be bearish for housing stocks and the whole market. Already a number of housing stocks are making new lows. They are the "leaders downward". |