Ocwen Financial (OCN) With Large Beat

By Trader Mark
07 May 2009 @ 11:52 am EDT

Ocwen Financial (OCN) is my largest long holding and they beat estimates smartly this morning. This is a stock on no one's radar and as people pile into unprofitable, debt laden companies - Ocwen just sat there doing nothing for us of late. One day when fundamentals mean something, I suppose we'll do ok again - we have a nice pop today but really what is +9%. That's 4 minutes of trading in a casino, dry bulk shipper, REIT, or financial. Oh well, solid results.

For more forex information go to www.tradingcentral.com

E-Newsletters

We value your privacy. Your email address will not be shared.

Home
World
US
Economy
Companies
Tech
Science
Global Markets
Education
Real Estate
Forex
Commodities
Gold & Silver Matters
More Sections
Fashion
Auto
Travel
Health
Law
Entertainment
Sports
Luxury
Art
Books
Tech & Trend
Tools & Features
Topics
Blogs
Market Data
Stock Watch List
Investment Calculator
Financial Glossary
Broker Center
World Business Headlines
Updates
RSS Feeds
IBTimes on Twitter
IBTimes on Facebook
E-Newsletters
Services
Forex Newsfeed
Research
Press Release
About IBTimes
News Licensing
Media Kit
Advertise with Us
About IBTimes
Contact Us
Terms of Service
Privacy Policy