no one believes anything BSC is saying, those rumors that came out last week are still hurting BSC. IF BSC goes under expect DOW 10,500.
intraday lows left and right on this one, now trading at 52.25, IF C can drop to the teens this one can easily drop another 50%.
Real scary. Thank God I got out the other day. Tempting here...Congrads to anyone short here or loaded with puts.
The real question here is the Bear Stearns business model.... Just what part of their business is truly competitive with its peers.... The brokerage industry has dramatically changed after internet based direct access....
Anyone find it odd that the April 30 puts have more volume that the April 35, 40 & 45 puts??? Complete meltdown coming, or degenerate gamblers praying?
I resent that. I'm no gambler. http://www.youtube.com/watch?v=0l-GpISGBFY 11:34 BSC Bear Stearns: Hearing Deutsche Bank out defending BSC (54.30 -7.28) -Update-