Firstfed Financial Corp (FED) Quote

FFED chart improving last .45

FFED Chart is showing some life....the CMF has made a turn up and that is usually a leading indicator.

T.B...I have a free account and can't reply to pm's.

In a nutshell, I think investors are becoming more confident that BK can be avoided. I don't have a clue whether this M2M stuff will influence this stock, but that also may be a factor.

For me it is a chart play that I have followed all the way down and finally took a position in.

There do not appear to be many flippers here to date, and it moves quickly.

By the way, a new board had been started under the new symbol, FFED.

Best to you,

BLT

I appear to have chosen the road less traveled.

Oh well.

blt

Accounting rule changes...might give folks some comfort...

http://biz.yahoo.com/ap/090312/meltdown_accounting_rule.html

Added today.

blt

Moving up very nicely today. Could move fast to $.60 or so.

Mods please update chart symbol in IBOX.

Go baby.

BLT

FED now FFED

GOOOOOOOOOOO GOOOOOOOOOOO GOOOOOOOOOOO bac :)

I've got out-of-the-money calls on BAC! GOOOOO!

Plan for Banks' Toxic Debt
From CNBC --

http://www.cnbc.com/id/28879872

Imagine the POP on the financials!

FED going under IMO.....BAC good to go

im in on bac, I would have bought this today if I would have had the clear funds

Bank stocks running absolutely nuts in AH on talk of Bad Bank plan being unveiled as early as next week.

starting to bounce ah, was 1.35 a few minutes ago.

I meant "looks like"

They already did. Tim

First Fed has closed its Wholesale Residential Lending Division effective today, January 26, 2009.

Files received today, January 26, 2009, will be returned un-processed. Files that have not been previously approved (in suspense) as of January 26, 2009 will be declined.

All files that are approved and in the funding process must be funded by February 27, 2009, and only files that satisfy all of the Bank’s conditions by such date will be funded. Any fees previously collected on a file that has not been approved will be returned within 30 days. If you have any questions regarding the above, please contact 1-800-800-490-4761.

If you have a file in process with the Bank, please contact Michelle Bartolo at 310-302-5791.

Look for FED to get a cease & desist order actually:

http://ml-implode.com/imploded/lender_FirstFederal-Wholesale_2009-01-26.html

Look for FED to pop tomorrow

And still is gravy!

Shorts covering - FED is gravy!

Boy did FED pop at the EOD!

FED looks real good for 2009!

Love the short interest!

FED Daily Chart:




FIRST FED FINANCIAL CORP. $ 1.56
FED 0.04

Short Interest (Shares Short) 4,284,200
Days To Cover (Short Interest Ratio) 13.4
Short Percent of Float 36.65 %
Short Interest - Prior 4,847,100
Short % Increase / Decrease -11.61 %
Short Squeeze Ranking™ -470

% From 52-Wk High ($ 43.50 ) -2688.46 %
% From 52-Wk Low ($ 1.49 ) 4.49 %
% From 200-Day MA ($ 8.53 ) -446.79 %
% From 50-Day MA ($ 4.07 ) -160.90 %
Price % Change (52-Week) -95.60 %

Shares Float 11,690,000
Total Shares Outstanding 13,684,553

Actually - I thought I still owned it - wasn't until later when I went to see how much I am up did I notice - it was sold! OUCH

Oh man! Now that really sucks! I didn't get in because I figured it had more to go down. But, I was cheering for you! Man that sucks!

They kicked in my stop loss today - so I didn't get a chance to profit - and I should have!

I am now really learning their tricks - that is the best education a person could get.

When a stock drops really fast and has a high short interest - load up instead of selling.

Ask up to $2.23 Kicking butt!

FED being covered in after hours again - went from 1.70 to shake out people - dropped very fast - and then covering after hours again!

currently at 2.20

Lets see where it is by 8:00 pm

I am green!!!!!!!!!

I bought in - small position - average down if I must.

Shorts are going to want to cover - in my opinion!

We will see.

Can't go down too much from here!

I just bought - wish I would of noticed that earlier!

Yo, stockie.... Call in the shorties.

It is tricky - the faster and harder they fall - the harder they pop!

Especially with this kind of short interest!

Short Interest (Shares Short) 4,847,100
Days To Cover (Short Interest Ratio) 13.1
Short Percent of Float 41.46 %
Short Interest - Prior 4,941,500
Short % Increase / Decrease -1.91 %
Short Squeeze Ranking™ -514

% From 52-Wk High ($ 43.50 ) -2800.00 %
% From 52-Wk Low ($ 1.74 ) -16.00 %
% From 200-Day MA ($ 9.09 ) -506.00 %
% From 50-Day MA ($ 5.10 ) -240.00 %
Price % Change (52-Week) -94.60 %

Shares Float 11,690,000
Total Shares Outstanding 13,684,553
% Owned by Insiders %
% Owned by Institutions %
Market Cap. $ 20,526,830
Trading Volume - Today 693,308
Trading Volume - Average 368,700
Trading Volume - Today vs. Average 188.04 %
Earnings Per Share -10.73
PE Ratio
Record Date 2008-DecA

I am watching and learning that pattern. Yes, it is tricky but I've seen these kinds. Still holding off and waiting for the strike.

A few shorts covering?

This one is tricky and very easy to tempt ya!

WTF! AH trades up to $1.81

While your at it - get me one!

I've got my initial powder ready. I'm looking at possibly getting another 2 loads of powder.

Looking good - I need to free up some powder for this one! Just to make sure I am ready!

Look at that close. $1.50 Closer and closer to our target!

FED still red - but not as much as yesterday!

Yep - funny you should mention that - I have this on my watch and was enjoying the action - LOL

48,700 share dump at $1.74 Looks like we're going lower.

It would be nice to see another .50 drop today Come on, shortie.... get it in gear. LOL

Which means we go lower

Looks like the banking sector is going to take a big crap today.

Morgan Stanley suffers $2.3 billion loss

http://money.cnn.com/2008/12/17/news/companies/morgan_stanley/index.htm?postversion=2008121708

I hope not - I have big plans here - but I hope it keeps falling ! ! !

I do however check this list on a regular basis - and almost nothing surprises me anymore - LOL!

http://www.fdic.gov/bank/individual/failed/banklist.html

Yes, if a stock goes to zero that you shorted, you just keep all of the $$$ and never have to cover.