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How Would You Like to Lose 90% in One Day?

Holy Grails | July 31st, 2007

American Home Mortgage Investment Corp. (AHM) lost 90% today. Big news? Not really.

Look at the chart.

Wasn’t that chart telling you there was a problem LONG before today? Did you even have to know what this company did to know there was a problem LONG before today’s 90% drop? The “price” was talking loud and clear all along.

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