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Emanating Faults

This is a syndicated repost published with the permission of Between The Lines. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

The fault lines continued to spread outwards from the worst-of-the-worst in subprime today. New Century plunged around 60% on the latest news (finally — it was released Friday after the bell) and on analyst coverage suggesting the company could be in a “death spiral” (also finally — no explanation required). The company’s […]

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