Jefferies Group, Inc. (NYSE:JEF)

I think this one was oversold based on Eurozone exposure and will bounce back.

yo

Their is a time to buy and a time to short... Bad management makes this a short play for the short term

saw on cnbc mention....just looks like trouble

Trading below book value with plenty of cash on the books for the storm and stress. Access to credit lines should the hit the fan. A value investing backer that owns 30% and has shown willingness to step in on weakness to add to its position (LUK - a holding company that has shown consistent 20% returns for nearly 30 years). Technically, I see an intraday triple-bottom at 9.70, one of the most powerful technical indicators there is. It has churned almost 100 million shares in a week and still not moved too far below its 52-week low. Yeah, I think i-banks might have to take it on the chin for a bit here until I after the election but, on the whole, this is too cheap. If BK was gonna happen, it would have happened on one of the 5x avg volume days by now.

There's a lot of fears swirling around Jefferies right now but I think people are forgetting about who Jefferies has close ties to. Jefferies is one of Leucadia's largest holdings and Leucadia been increasing their position since June 30, when they already owned a little over 27% of the outstanding shares. Fairholme has initiated a position during the last quarter and is no stranger to investing alongside Leucadia. If there was some type of run on Jefferies I believe they would have strong support from some savvy investors. On top of all this, Jefferies management has been very open about their exposure to european debt and other risky securities and is conservatively capitalized in terms of liquid assets. I'm interested to see how this all turns out but I think people are jumping the gun thinking that large investors in Jefferies are just going to sit back and watch Jefferies go down in flames, which I believe is highly unlikely. Let me know what you think.

Likely BK.

A good company with solid backing (LUK) and good management. Tough operating environment and it appears they are getting thrown out along with MF Global.

Leucadia

Top Quality Management Culture + Medium size Bank + able to Hire Top Banking Tallent + Avoided Toxic Asset Mess + Low end of 52 Wk Trading cycle ( Still a Bargain Price ) + Ready to Grow thru Aquisitions / or Mergers = Great Future Now and over the next several years or more !!

Buying for diversity, need financial - JEF seems like they have common sense - very customer oriented

just adding on the drop. large leukadia holding.

bargain at these levels

Great leadership, strong investment banking market share growth and size growth, hiring people away from bulge bracket banks. stronger market share in securities also since the bigger guys disappeared or consolidated.

Insider buys

Ian Cummings. 97% of his portfolio is in JEF.

vanamond

Investment banks is my 2nd REIT!!! Going Up! All of it!

This company was individually screened to verify that during the boom years ('04-'08), their Balance Sheet expansion appeared excessive. The company operates within the FIRE (Financial Insurance Real Estate) sector of the economy which has been hot the past few decades, yet will run out of steam this coming decade. At some point or another, something's gotta give with this company. Income will start collapsing due to debt levels, and/or dividends will be slashed or removed, and/or significant losses will be realized. The chances of this being a growth company or having significant growth is heavily muted due to its dividend paying obligations at the current levels of today.
This company was personally found after using a screener.

initial google screen:
Market cap over 400M
Dividend yield over 1%
1 Year price change better than -35%
price to book 0.9 or higher
total debt/equity (recent qtr) greater than 50%
13 week price change greater than 17%

After individually screening for companies appearing overvalued due to Balance sheet expansion, it yielded the following stocks to short:
EVR NTRS PRSP JEF LAZ FIS RJF

For the heavy shorting within the FIRE sector as part of the above picks, I will offset them with the following longs relating to FIRE companies:
LONG on BX CVBF UTR

This will be the primary focus of this profile, to seek & obtain alpha from long/short dividend opportunities across various industries.
- ALPHADividend