
Here's a daily chart of RAS, a mortgage lending company. What a meltdown. I think DT traded this guy too and I started trading it because of him. I some how lost track of this stock when I made new watch lists.
Next time I see some industry wide problem I will be sure to check out all related stocks in that sector. History often repeats itself. There's got to be some undervalued stocks in this sector right now.
1 comment:
OBAT,
Yep, we were trading this in the 30s! Seems funny now...
Watch FED and DSL too... if these things keep going down, they could be in the 20s before too long.
-DT
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