Barclays is buying some of Lehmans assets to the tune of $2 Billion.
http://www.reuters.com/article/merge...46480120080916
This is going to be a great swing stock over the next couple of weeks now thanks to this :thumbsup:
Regards,
Lee
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Barclays is buying some of Lehmans assets to the tune of $2 Billion.
http://www.reuters.com/article/merge...46480120080916
This is going to be a great swing stock over the next couple of weeks now thanks to this :thumbsup:
Regards,
Lee
I bet the stock hits 25 cents and then takes a nose dive. :)
Its done that several times today already ;)Quote:
Originally Posted by abostonboy
This is a stock to hold on to for a couple of weeks.
Regards,
Lee
So if you stock market investors were to put say $5,000 investment units into an adult Producer/Studio (like me), to produce content,, how much cash would you expect to receive in 12 months - with or without monthly/quarterly dividends - to feel comparably satisfied?
I doubt anyone would be stupid enough to invest in a production studio unless it was their own $0.02Quote:
Originally Posted by nickbaer
But typically when we have invested in businesses before we look for an annual return of about 7%-15%
Regards,
Lee
It's down to 11 cents now. Do they stop trading it when it reaches zero?Quote:
Originally Posted by Lee
Im not worried, DAL went right down to $0.03 at one point, now look where it is at :)Quote:
Originally Posted by abostonboy
Regards,
Lee
Oh and BTW, Barclays is looking to aquire more of Lehmans assets now also :)
Regards,
Lee
Lee,
If Lehman's ever closes above 50 cents a share dinner and drinks are on me if you and Gary come to NYC. :)
Hugs,
Lloyd
Fannie up 57% today, Freddie 83% . ;) Would've been $500 well spent.Quote:
Originally Posted by abostonboy
So was some other not so cheap stocks. GM was up over 30%.Quote:
Originally Posted by SluggerJ
Penny stocks always have a high increase/decrease. Still doesn't make them good bets. All banking stocks were up. It would be safe to assume that many stocks will rise for the next few days until the market deals with the ban on short selling and then you should see some stability in the market.
Only if you sold today. :)Quote:
Originally Posted by SluggerJ
That's true with any stock. ;) Naturally if you like to play it safe, it's not a good time to get in.Quote:
Originally Posted by abostonboy
Like I said initially, "if it's worth losing...". $500 of spare money wouldn't have been a big loss and since I was reasonably confident that they would eventually go up, it was within my personal risk limits. It isn't for everyone, but I've done alright. :)
Well it looks like Barclays has decided to buy all but $20 billion worth of Lehman Bros according to news out today...
http://biz.yahoo.com/rb/080920/lehma...lays.html?.v=3
Would explain the two rallies this stock had yesterday at the start and end of trading :)
Lehman isnt out yet, in fact, this could still have the potential to make money if you bought in at the right price over the next week.
It also just goes to show that even if a company does file for bankruptcy protection, it doesnt mean that they are going to go bankrupt.
Regards,
Lee
That is true. However, from an investor standpoint what really matters is the share price and how much money goes to the common shareholder after all other liabilities are paid off. There is no indication that common shareholders in Lehman will get anything whatsoever. Many companies have come out of Chapter 11 and have had their common shares worth zero.Quote:
Originally Posted by Lee