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JPMorgan to buy ailing Bear Stearns for $2 a share - Click HERE for Original Thread

GOT BOOST
Interesting news this weekend.

http://www.reportonbusiness.com/ser...ry/robNews/home

Mike

ozzmodan
http://www.globeinvestor.com/servle...ow0317/GIStory/

It'll be interesting to see if the interest rate goes down the 1% tommorrow as perdicted. If it does, it might just reaffirm in more people's eyes that there is still a loooong way to go down.

GOT BOOST
quote:
Originally posted by ozzmodan
http://www.globeinvestor.com/servle...ow0317/GIStory/

It'll be interesting to see if the interest rate goes down the 1% tommorrow as perdicted. If it does, it might just reaffirm in more people's eyes that there is still a loooong way to go down.



:lol:

I just posted a new thread on that a few minutes after you posted this. I did not see this reply. :beer:

Mike

nissanz32
Its insane how fast Stearns stocked dropped. $84/share last week and now this. Gotta love the volatility of the market right now. The global markets have taken a shit kicking today too because of this. Scary times we live in. Only good thing is that you can get in on some lows for a good price. Just not really smart to do any shorting in this market.

onestepback
Bear Stearns at $3.70 a share?!? Do you guys think they will drop further, or is the only way for them to go is up?

GOT BOOST
quote:
Originally posted by onestepback
Bear Stearns at $3.70 a share?!? Do you guys think they will drop further, or is the only way for them to go is up?


It was lower than that earlier this morning.

Mike

azn_fire_fly
im thinking this is either going bankrupt or making loads of money for someone getting in now. what do you guys think?




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