Thread: Bank Stocks
View Single Post
Old 03-16-2008, 06:46 PM   #246
Full time employment: Posting here.
 
Join Date: Jan 2008
Posts: 798
Quote:
Originally Posted by AltaRed View Post
So much for Bears Stearns. JPMorgan to Buy Bear for $2 a Share: Financial News - Yahoo! Finance It is likely only the first of a few more that are going to fail. Monday may be another brutal day for financial stocks.
Actually the SP Futures fell and then jumped on the news. You can never tel what the market will do, Bear is belly up, I lost 98% on the stock, but since they will not have to dump their paper on the market it's now a good thing. Go figure.
RockOn is offline   Reply With Quote