- This topic has 85 replies, 12 voices, and was last updated 17 years, 3 months ago by davelj.
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August 23, 2007 at 11:05 AM #79868August 23, 2007 at 12:58 PM #79872AnonymousGuest
Fat, thanks for the insight, we’re pretty much on the same page with the cars. I also like the A3, only complaint is it is a little small and I would like more power. The 335 may be the best turbo beast available, I need to test drive one to find out, maybe I’ll love it. But I agree there are so many 3series cars out here in SD that it comes across as a commoners car. 45K is a lot of money to spend on a car that everyone already has. I want to see the 08 Evolution when it comes out, in the pictures it looks more attractive than the current model.
What do you think about the Mazda Speed3? I’ve been meaning to test one of those.
August 23, 2007 at 12:58 PM #80002AnonymousGuestFat, thanks for the insight, we’re pretty much on the same page with the cars. I also like the A3, only complaint is it is a little small and I would like more power. The 335 may be the best turbo beast available, I need to test drive one to find out, maybe I’ll love it. But I agree there are so many 3series cars out here in SD that it comes across as a commoners car. 45K is a lot of money to spend on a car that everyone already has. I want to see the 08 Evolution when it comes out, in the pictures it looks more attractive than the current model.
What do you think about the Mazda Speed3? I’ve been meaning to test one of those.
August 23, 2007 at 12:58 PM #80023AnonymousGuestFat, thanks for the insight, we’re pretty much on the same page with the cars. I also like the A3, only complaint is it is a little small and I would like more power. The 335 may be the best turbo beast available, I need to test drive one to find out, maybe I’ll love it. But I agree there are so many 3series cars out here in SD that it comes across as a commoners car. 45K is a lot of money to spend on a car that everyone already has. I want to see the 08 Evolution when it comes out, in the pictures it looks more attractive than the current model.
What do you think about the Mazda Speed3? I’ve been meaning to test one of those.
August 23, 2007 at 3:50 PM #80153capemanParticipantI shorted into this. If it were such great news then the stock wouldn’t have ended the day after essentially even. BAC was just securing themselves the biggest seat at the table when CFC is cooked. Preferred stock gets paid out first in a liquidation and in a liquidation 2B will likely be half the value of the company or more. This turd is going down and after having to borrow 13.5B in money to stay afloat when they claim to have cash in the bank tells me this will play out in the next couple of weeks if not sooner.
August 23, 2007 at 3:50 PM #80131capemanParticipantI shorted into this. If it were such great news then the stock wouldn’t have ended the day after essentially even. BAC was just securing themselves the biggest seat at the table when CFC is cooked. Preferred stock gets paid out first in a liquidation and in a liquidation 2B will likely be half the value of the company or more. This turd is going down and after having to borrow 13.5B in money to stay afloat when they claim to have cash in the bank tells me this will play out in the next couple of weeks if not sooner.
August 23, 2007 at 3:50 PM #80001capemanParticipantI shorted into this. If it were such great news then the stock wouldn’t have ended the day after essentially even. BAC was just securing themselves the biggest seat at the table when CFC is cooked. Preferred stock gets paid out first in a liquidation and in a liquidation 2B will likely be half the value of the company or more. This turd is going down and after having to borrow 13.5B in money to stay afloat when they claim to have cash in the bank tells me this will play out in the next couple of weeks if not sooner.
August 23, 2007 at 4:42 PM #80030drunkleParticipant“if i’m going down, you’re going down with me”.
then again, with some half a mil in his pocket, he’s not really going down personally.
August 23, 2007 at 4:42 PM #80158drunkleParticipant“if i’m going down, you’re going down with me”.
then again, with some half a mil in his pocket, he’s not really going down personally.
August 23, 2007 at 4:42 PM #80180drunkleParticipant“if i’m going down, you’re going down with me”.
then again, with some half a mil in his pocket, he’s not really going down personally.
August 23, 2007 at 5:56 PM #80048daveljParticipantAs I commented a couple of weeks ago, CFC has “perceived value” so it’s not a good BK candidate, but rather a “re-cap at a lower price” candidate. This happened sooner than I would have expected (and at a higher price than I would have expected). Nevertheless, essentially this is a quasi-recap of CFC. Will it be enough? Don’t know. My gut says no. But it has put a higher floor on CFC’s potential price decline, even if it’s only a couple of bucks.
My understanding is that BofA put in the lion’s share of the $11.5 billion debt rescue. So, it’s interesting that it’s now pumping in another $2 billion in converts.
This is the danger with large depositories, however. Someone always seems to want to acquire or recap them, seemingly no matter how screwed up they seem. It’s an unusual situation, but CFC’s stock is dangerous for both longs and shorts.
August 23, 2007 at 5:56 PM #80175daveljParticipantAs I commented a couple of weeks ago, CFC has “perceived value” so it’s not a good BK candidate, but rather a “re-cap at a lower price” candidate. This happened sooner than I would have expected (and at a higher price than I would have expected). Nevertheless, essentially this is a quasi-recap of CFC. Will it be enough? Don’t know. My gut says no. But it has put a higher floor on CFC’s potential price decline, even if it’s only a couple of bucks.
My understanding is that BofA put in the lion’s share of the $11.5 billion debt rescue. So, it’s interesting that it’s now pumping in another $2 billion in converts.
This is the danger with large depositories, however. Someone always seems to want to acquire or recap them, seemingly no matter how screwed up they seem. It’s an unusual situation, but CFC’s stock is dangerous for both longs and shorts.
August 23, 2007 at 5:56 PM #80200daveljParticipantAs I commented a couple of weeks ago, CFC has “perceived value” so it’s not a good BK candidate, but rather a “re-cap at a lower price” candidate. This happened sooner than I would have expected (and at a higher price than I would have expected). Nevertheless, essentially this is a quasi-recap of CFC. Will it be enough? Don’t know. My gut says no. But it has put a higher floor on CFC’s potential price decline, even if it’s only a couple of bucks.
My understanding is that BofA put in the lion’s share of the $11.5 billion debt rescue. So, it’s interesting that it’s now pumping in another $2 billion in converts.
This is the danger with large depositories, however. Someone always seems to want to acquire or recap them, seemingly no matter how screwed up they seem. It’s an unusual situation, but CFC’s stock is dangerous for both longs and shorts.
August 23, 2007 at 6:47 PM #80089CoronitaParticipantFat, thanks for the insight, we're pretty much on the same page with the cars. I also like the A3, only complaint is it is a little small and I would like more power. The 335 may be the best turbo beast available, I need to test drive one to find out, maybe I'll love it. But I agree there are so many 3series cars out here in SD that it comes across as a commoners car. 45K is a lot of money to spend on a car that everyone already has. I want to see the 08 Evolution when it comes out, in the pictures it looks more attractive than the current model. What do you think about the Mazda Speed3? I've been meaning to test one of those.
I'm going to be a "jerk" and hijack this thread to respond to a hijacked thread (sorry).
OT Comment: I haven't drove the mazda speed 3. But, my friends have said it's interesting. I prefer the sedan of the mazda 3, but they only offer the mazda speed 3 in the hatch. Too bad they canned the mazda speed 6.
There isn't that much selection right now imho. Which is fine for me, because I'm still waiting. Hoping things line up right for an S5. I think I misposted before. I meant to say the TT and A3 2.0T only come in FWD, not the A5/S5/RS5. The TT in the AWD configuration will be a 3.2 version. The A5/SG/RS5 should be AWD (or have an AWD option), with RWD bias. Also, these pushed back the engine to achieve better weight balance. (Current A and S lines are very nose heavy)
There is one correction: There will be one twin turbo coming out soon. Skyline GT-R. But $80k for a Nissan might be absurd 🙂
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On topic: CFC's rally really faded pretty quickly. It will be interesting to see what happens tomorrow.
August 23, 2007 at 6:47 PM #80218CoronitaParticipantFat, thanks for the insight, we're pretty much on the same page with the cars. I also like the A3, only complaint is it is a little small and I would like more power. The 335 may be the best turbo beast available, I need to test drive one to find out, maybe I'll love it. But I agree there are so many 3series cars out here in SD that it comes across as a commoners car. 45K is a lot of money to spend on a car that everyone already has. I want to see the 08 Evolution when it comes out, in the pictures it looks more attractive than the current model. What do you think about the Mazda Speed3? I've been meaning to test one of those.
I'm going to be a "jerk" and hijack this thread to respond to a hijacked thread (sorry).
OT Comment: I haven't drove the mazda speed 3. But, my friends have said it's interesting. I prefer the sedan of the mazda 3, but they only offer the mazda speed 3 in the hatch. Too bad they canned the mazda speed 6.
There isn't that much selection right now imho. Which is fine for me, because I'm still waiting. Hoping things line up right for an S5. I think I misposted before. I meant to say the TT and A3 2.0T only come in FWD, not the A5/S5/RS5. The TT in the AWD configuration will be a 3.2 version. The A5/SG/RS5 should be AWD (or have an AWD option), with RWD bias. Also, these pushed back the engine to achieve better weight balance. (Current A and S lines are very nose heavy)
There is one correction: There will be one twin turbo coming out soon. Skyline GT-R. But $80k for a Nissan might be absurd 🙂
—–
On topic: CFC's rally really faded pretty quickly. It will be interesting to see what happens tomorrow.
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