Gunpowder Chronicle posted on May 10, 2008 6:13 PM | Rating:
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On Friday, May 2, 2008, Eddie Hale -- robust supporter of O'Guvnah and would be land-baron of Baltimore -- spoke up at the annual 1st Mariner Stockholder's Meeting and prognosticated that the stock had reached its lowest point, and was poised for a rebound.
The stock had closed at $4.13 on Thursday, May 1st.
The stock closed at $3.80, down 33 cents, on Friday, May 9, 2008.
Eddie certainly is no Jim Kramer, that's for sure. If you are taking advise from him on your 401(k), I have three words for you: Don't do it.