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Cheap as Mac Chicken.
FYI, u cant short US market.. Well EVEN now is not the right time to buy in for financials.. I am sure we have a big time bomb clicking in ASIA. Somewhere near us and if it explode.. it will definitely be very destructive and impairing to its neighbouring countries...
Well you guys can wait and see if my predication turn into reality..
Stock market now is treacherous, exercise addtional care when trading..
Last Friday's specical funding arrangement with the Fed and JPMorgan will last for just 28 days, so will be crucial for Bear Stearns.
If the alternative is not found within that timeframe, Bear Stearns might simply be wound up, and its name to the list of credit crises victims, and of course alot of more people mati.
Source from ST paper (Mar 17, 2008, Moner page- page H17)
Big Bear received a hongbao if you had considered that Barings Bank was sold at a mere 1-pound in its entirety to ING.
Now JP will likely become JPMorganBear...
Just for info sharing....Dirt cheap...Ya
| 08-Mar-2008 20:12 | Yangzijiang |
| Lost of opportunities, bad timing, billion of Sing dollar got stuck and somemore our hard earn $$$, like us isit it...!!!! just as Ordinary and earn million of $ and don't like to tell us the other side of the coin when thing goes wrong, every year just report make more $ can liao. I see this years as bad as last 2Q with US reporting going into recession and world richest man thinking to quit bailing out..........and even w/o bailing out. He is buying dirt cheap with condition. | |
| 08-Mar-2008 09:24 | Yangzijiang |
| My personnal tot, Termasek and GIC has gone in a little to fast and got to pay more to vest, it''s rather keen to go in like that after so call doing their sum. Never has history lesson after misjudging on venturing aboard to Thai, now playing with fire. Wait and (NEG) that can allow more time to vest and pay less and get more share. | |
thanks bro for give some ideas...
Anyone here short JPMorgan?
Their stock dive after they bought Bear Sterns...
GIC using your $$ leh....u shld b the one crying until no tears !!
hee.....*kidding* hee...
:D
was US60+ on 10 Mar
then US30 on 14 MAR
now US$2 only!!!
You go and guess what will happen to all the US indices tonight.
1 year ago this stock is US$170, now JP Morgan buy them at US$2. Imagine those share holder, they cry until no tears !!! Really pity GIC buy into others financial at the wrong time, now is the right time !!!