| Loss Mitigation General Chat loss mitigation |
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11-27-2008, 09:05 AM
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Did Fanny Mae and Freddy Mac's stock go up after bail...
...out? Looking at the charts, their stocks didn't go up after bail out, yet Citigroup did go up after bail out. Why is this the case?
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11-28-2008, 12:52 AM
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Don't be too quick to conclude that Citigroup shares are really going up. Technically, it is just doing a small rebound in an extreme oversold condition within a bearish framework... which means that it may come back down and down further anytime.
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