I sold off Student Loan (STU), a long-time holding, today at 156.27. I will find a better place for those funds. The Citi mess doesn't really help anything. What's done is now done, and I can't really complain, as the stock has done reasonably well for me despite the liquidation good ways below its high.
I'd like to possibly add more to Mattel (MAT), but if I do so, I'll wait for today's Barron's blip to pass.
3 comments:
do you know why SLU fared so much worse in getting their securitization than FMD?
Market seems to be saying that FMD will be seeing asimilar fate soon
Can't say I know the answer to that, but things aren't pretty. I don't know what to think about FMD any more, really. Market is really a bloodbath today.
I really think FMD just gets sold for being a financial and the company for some reason won't step up and buy.
At least we got out of CCRT!
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