The potential downside in the stock if the company is forced to sell or liquidate is roughly balanced with the potential upside.
~ Scott Coren and Michael Nannizzi, analysts at Bear Stearns, from a research note, "New Century upgraded at Bear Stearns," MarketWatch, March 1, 2007
(The two analysts lifted their rating on New Century to peer perform from underperform. Shares climbed almost 3% to $15.78 during afternoon trading Thursday. They've still slumped almost 50% so far this year due to signs of a credit crunch in the subprime-mortgage industry.)
Dec 15, 2007
Bear Stearns analysts upgrade New Century (2007)
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