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  #1  
Old 03-16-2008, 11:37 PM
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Jpmorgan Buys Bear Stearns For $2 A Share
Unreal
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  #2  
Old 03-16-2008, 11:45 PM
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hate to own any of their stock...30's on fri to $2/share....thats a big hit
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  #3  
Old 03-17-2008, 07:09 AM
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Brutal. Tried to get short Wednesday at $65 but no shares to borrow available! Would've been nice.
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  #4  
Old 03-17-2008, 07:14 AM
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Quote:
Originally Posted by rjb1816
hate to own any of their stock...30's on fri to $2/share....thats a big hit
please. It was $170 a share a year ago.
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Seth: Gimme that. Alright, you look like a future pedophile in this picture, number 1. Number 2: it doesn't even have a first name, it just says "McLovin"!
Evan: What? One name? ONE NAME!?!? Who are you? Seal?
Seth: Fogell, this ID says that you're 25 years old. Why wouldn't you just put 21, man?
Fogell: Seth, Seth, Seth. Listen up, ass-face: every day, hundreds of kids go into the liquor store with fake IDs, and every single one says they're 21. Pssh, how many 21 year olds do you think there are in this town? It's called f*cking strategy, alright?
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  #5  
Old 03-17-2008, 08:10 AM
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Quote:
Originally Posted by Keith
please. It was $170 a share a year ago.
simple math chief...170 to 60 is a hit. 60 to 2 in the span of a day and a half is a massive hit. please
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  #6  
Old 03-17-2008, 08:13 AM
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Quote:
Originally Posted by rjb1816
simple math chief...170 to 60 is a hit. 60 to 2 in the span of a day and a half is a massive hit. please
wasn't comparing the percentage drop. Obviously 60 to 2 in a day and a half is alot more precipitous than 170 to 2 in a year.

My only point was that 1 year ago this was a rock-solid financial institution and the price reflected that. Even at 60 the other day, the handwriting was on the wall. Wasn't it ?
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Seth: Gimme that. Alright, you look like a future pedophile in this picture, number 1. Number 2: it doesn't even have a first name, it just says "McLovin"!
Evan: What? One name? ONE NAME!?!? Who are you? Seal?
Seth: Fogell, this ID says that you're 25 years old. Why wouldn't you just put 21, man?
Fogell: Seth, Seth, Seth. Listen up, ass-face: every day, hundreds of kids go into the liquor store with fake IDs, and every single one says they're 21. Pssh, how many 21 year olds do you think there are in this town? It's called f*cking strategy, alright?
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  #7  
Old 03-17-2008, 08:21 AM
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yes, if you were in any ibank stock after december you were at extremely high risk. even december was very late in the subprime crisis...but that is the latest anyone really should have been involved with these guys. i feel bad for the employees that owned this stock...essentially lost a large percentage of their retirement fund
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  #8  
Old 03-17-2008, 08:22 AM
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Originally Posted by rjb1816
yes, if you were in any ibank stock after december you were at extremely high risk. even december was very late in the subprime crisis...but that is the latest anyone really should have been involved with these guys. i feel bad for the employees that owned this stock...essentially lost a large percentage of their retirement fund
true.

Bad times for alot of people.
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Seth: Gimme that. Alright, you look like a future pedophile in this picture, number 1. Number 2: it doesn't even have a first name, it just says "McLovin"!
Evan: What? One name? ONE NAME!?!? Who are you? Seal?
Seth: Fogell, this ID says that you're 25 years old. Why wouldn't you just put 21, man?
Fogell: Seth, Seth, Seth. Listen up, ass-face: every day, hundreds of kids go into the liquor store with fake IDs, and every single one says they're 21. Pssh, how many 21 year olds do you think there are in this town? It's called f*cking strategy, alright?
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  #9  
Old 03-17-2008, 08:28 AM
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And the Feds had to help J.P. Morgan with the buy out. Save your winter wages. It is going to be a long summer.
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  #10  
Old 03-17-2008, 08:36 AM
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Originally Posted by BigdaddyQH
And the Feds had to help J.P. Morgan with the buy out. Save your winter wages. It is going to be a long summer.
Haven't heard ANY of the Presidential candidates offer specifics as to what they would do about it.

They talk about health care, they talk about Iraq. They talk about there being problems with the economy, but no one says specifically how they will fix it. Meanwhile, $4.00 a gallon for gas will be here before you know it.
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Seth: Gimme that. Alright, you look like a future pedophile in this picture, number 1. Number 2: it doesn't even have a first name, it just says "McLovin"!
Evan: What? One name? ONE NAME!?!? Who are you? Seal?
Seth: Fogell, this ID says that you're 25 years old. Why wouldn't you just put 21, man?
Fogell: Seth, Seth, Seth. Listen up, ass-face: every day, hundreds of kids go into the liquor store with fake IDs, and every single one says they're 21. Pssh, how many 21 year olds do you think there are in this town? It's called f*cking strategy, alright?
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  #11  
Old 03-17-2008, 02:18 PM
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cramer on bear stearns...march 11


http://my.break.com/Content/view.aspx?ContentID=471545
Last edited by newfie reddog; 03-17-2008 at 02:21 PM.
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  #12  
Old 03-17-2008, 05:29 PM
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Quote:
Originally Posted by newfie reddog

he was talking about them managing your funds, not the common stock fyi
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  #13  
Old 03-17-2008, 05:57 PM
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Quote:
Originally Posted by rjb1816
he was talking about them managing your funds, not the common stock fyi
okay watever but bear stearns was not fine...
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  #14  
Old 03-17-2008, 06:41 PM
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Quote:
Originally Posted by newfie reddog
okay watever but bear stearns was not fine...

yea they were if they controlled your funds...they were insured by the fed. common stock was garbage
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