Anyone Planning On Buying Under-Priced Stocks Today?

[Lee]

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

[abostonboy]

I bet the stock hits 25 cents and then takes a nose dive.

[Lee]

I bet the stock hits 25 cents and then takes a nose dive.

Its done that several times today already

This is a stock to hold on to for a couple of weeks.

Regards,

Lee

[nickbaer]

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?

[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 $0.02

But typically when we have invested in businesses before we look for an annual return of about 7%-15%

Regards,

Lee

[abostonboy]

Its done that several times today already

This is a stock to hold on to for a couple of weeks.

Regards,

Lee

It's down to 11 cents now. Do they stop trading it when it reaches zero?

[Lee]

It's down to 11 cents now. Do they stop trading it when it reaches zero?

Im not worried, DAL went right down to $0.03 at one point, now look where it is at

Regards,

Lee

[Lee]

Oh and BTW, Barclays is looking to aquire more of Lehmans assets now also

Regards,

Lee

[abostonboy]

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

[SluggerJ]

I really wouldn't touch Fannie or Freddie. Under the conditions that the Govt took them over and the priority that they give to common shares it's just not worth it at all. I don't see a turnaround for Fannie or Freddie any time soon at all.

Fannie up 57% today, Freddie 83% . Would've been $500 well spent.

[abostonboy]

Fannie up 57% today, Freddie 83% . Would've been $500 well spent.

So was some other not so cheap stocks. GM was up over 30%.

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.

[abostonboy]

Would've been $500 well spent.

Only if you sold today.

[SluggerJ]

Only if you sold today.

That's true with any stock. Naturally if you like to play it safe, it's not a good time to get in.

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.

[Lee]

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

[abostonboy]

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.