A few months ago, I told you guys that I thought Countrywide Financial Corporation (NYSE: CFC) was a great buy. At that point it was about $18.00 / share, it’s lowest point since mid-2004. The Wife & I purchased a few shares of it at that point and have watched it continue to slide. We still believe in this company and it is now about $6.00 / share and have purchased quite a few shares of it. Bank of America (NYSE: BAC) has now announced that they are goinig to purchase Countrywide Financial Corporation for about $8.00 / share. So, there is some room for profit. If anyone is interested, e-mail me or post your e-mail address in your comment and I’ll e-mail you information about the brokerages that I use and give you some free trades.
