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You'd be making a trade based on how the market responds to news. Just because you care about this news doesn't mean the market will. Unless the settlements are
by cynicalkane 17y ago
You'd be making a trade based on how the market responds to news. Just because you care about this news doesn't mean the market will. Unless the settlements are enormous, the market never will.
- dsplittgerber 17y agoYou have a point. Their market cap still dropped by 50 million in the last 40 minutes - whilst not being enormous, it's still noteworthy so far.
- awa 17y agoThe stock is just following S&P 500 and not dropping on its own http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=1&chfdeh=0&chdet=1271880000000&chddm=782&chddi=300&chls=CandleStick&cmpto=INDEXSP:.INX&cmptdms=0&q=NYSE:MFE&ntsp=0 http://www.google.com/finance?chdnp=1&chdd=1&chds=1&...
- dsplittgerber 17y agoS&P 500 down 1.05% today, half an hour after opening bell, MFE down 3.6%. So it would have been a nice short after all.
- andreyf 17y agoUnless the settlements are enormous, the market never will. Or if they lose big clients. My wife tells me all computers in PWC's NYC office are out.
- spamizbad 17y agoShame on PWC for not upgrading to Vista or Windows 7. A firm that large should have more foresight in IT planning.
- pbhjpbhj 17y agoI looked at this sort of thing before for tech sector - MSFT when the European anti-trust stuff came off, etc. - but it never seems to make a difference for some reason.