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$9.33 0.00 (0.00%)
5/30/2008 4:01 PM

The Bear Stearns Companies, Inc. (BSC.DL)

CAPS Rating:
No stars

Holding company that, through its subsidiaries, engages in investment banking, securities and derivatives trading, and clearance and brokerage operations. Company serves corporations, governments, institutional and individual investors worldwide.

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Recs

21

Avatar jaspayd (84.29) Submitted: 3/17/08 4:24 PM : Outperform Start Price: $70.28 BSC.DL Score: -94.84

Oops. Thank God this is only CAPS...

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Avatar LordZ (96.90) Submitted: 3/31/08 3:53 PM

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Isn't it ironic that those who bought the stock after the price was set at 2 were able to improve on their position.

I heard that bondholders afraid of the deal not going thru actually bought up the stock, what a nice surprise.

How fitting that someone who scored it admittingly wrong, is the top bull pitch and gets a nice score boost...

NICE :-)

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Avatar HeddyGreen (22.14) Submitted: 4/29/08 11:11 AM

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How true. Thank goodness it's only CAPS.

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Avatar YoungInvestor99 (21.95) Submitted: 4/29/08 6:30 PM

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Assuming BSC did not write off over $8.43 billion in assets, the market cap of this company is only $2 billion versus $11 billion in book value/equity.

If they did not write off that much, they will be back and when it is a healthy stock, it will be worth much more than last years book value.

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