Alert: JPMorgan to Buy Bear Stearns at $2 Per Share

Sunday, March 16, 2008

Filed under: Alerts, Equities — Jorge @ 4:16 pm

Yes, that’s two dollars per share. This is not a typo.

Source: CNBC

I should have saved this post for Monday morning: http://traderbubs.com/2008/03/14/bear-sterns/

Comment by Bubs — Sunday, March 16, 2008 @ 4:32 pm
Haha yeah I saw that. That’s prime for a repost in my opinion Bubs. How goes the GMAT and all that other good stuff? If it makes you feel better, I have my boards coming up in August. Yes, board exams for a freaking engineer. Go figure.

Comment by Jorge — Sunday, March 16, 2008 @ 4:40 pm
Studying has been going very well, been sticking to my gameplan. Engineers have to take the boards, first time hearing that.

Thanks for the quick updates been refreshing your site for all the latest news.

Comment by Bubs — Sunday, March 16, 2008 @ 4:49 pm
Yeah, it’s a specialized discipline. Essentially, I’ll be working with CTs, Xrays, MRIs, etc. Need to have a license here in Florida for it as well as with the governing body for it.

I think the news is over for now but if I see or hear anything else in the next hour or so I’ll be sure to post it here.

Comment by Jorge — Sunday, March 16, 2008 @ 4:53 pm
Don’t they have a billion dollar office building?

Comment by Options Strategery — Sunday, March 16, 2008 @ 5:31 pm
OS,

Yep. I read about that somewhere too. Problem is, their balance sheets much be much worse than they let on. Not a surprise though. JPM just got some nice digs if you ask me.

Comment by Jorge — Sunday, March 16, 2008 @ 5:35 pm