PrimeX Update: The Rout Continues

Tyler Durden's picture

Stocks may go up, and stocks may go down, but Prime X knows only one direction...

From a bank that is about to announce its EPS handily beat earnings expectations courtesy of its CDS soaring to near all time record highs.

               Cpn    Bid      Offer   Chg from Close  Factor               
PrimeX.FRM.1   442    102-16 / 104-00      -0-171      0.47               
PrimeX.FRM.2   458    91-00  / 92-16         -1-005      0.49               
PrimeX.ARM.1   442    96-24  / 98-08        -2-067      0.41               
PrimeX.ARM.2   458    85-08  / 86-24        -1-233      0.44