Burn Baby, Burn! ...COF down 5% in the AM on a DOUBLE DOWNGRADE !!! Love those Double D's!
(boobs see link below)
Downgrade #1 Capital One Financial Cut To Neutral From Buy By Calyon
Downgrade #2 FRIEDMAN BILLINGS CUTS COF TO UNDERPERFROM FROM MARKET PERFORM with a $40 TARGET!
"says of recent Fed actions, gov't proposals have resulted in indiscriminate buying/short covering of finl stocks. Expects shares of COF to trade down as investors realize recent stimulus will not prevent significant consumer credit deterioration in H2 '08, 2009 as unemployment continues to increase, impacting earnings."
(DOUBLE D's topless on the golf course? fore! ) *contains nudity*
1 comment:
I bought some a june puts on your rec. So far so good :)
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