Bear Stearns

I mentioned last night that to me the tell on the financials was BSC, they denied insolvency rumors and the stock still closed down 8 bucks. Today the stock is down because of talk they failed to deliver on a credit payment and Cox from the SEC said that their cash is sufficient. The stock is currently 3 pts. off the low and 10pts. off the high of the day. Let’s see what happens this time. About $59.50 right here

Previous Post
Reloading a Couple of Shorts
Next Post
Poetry In Motion

Recent Articles

Premium Article

Fed Chair Warsh Wasn’t Here To Make Friends

Premium Article

Profit Taking Day. Fed Tomorrow. Here’s My Read

Premium Article

SPCX Up 19% Today. Iran Deal Done. Now What?