JPM to buy BSC for $2.00!!!!

i bought bear friday at 31 sold it at 36 made some $$ it was a coin toss to sell.. lucky i did

 

"And the futures are nicely up!! Weird times "

sp500 down 13 and dow down 94

 

what stops any other company from doing this? finance, its one thing for the ceo to say times are hard but this prick was saying the opposite. who is next??

 

DOW futures are down 101

http://www.bloomberg.com/markets/stocks/futures.html

 

gold and silver r up nicely

 

Bear for $2 a share..who could have imagined?

 

exactly who is next?

 

Don't forget the below:

Bear Stearns's profit exceeded $2 billion in 2006, yet the price JPMorgan is paying is about one quarter the value of the securities firm's headquarters building in midtown Manhattan. The 1.2 million-square-foot, 45-story structure built in 2001 is worth about $1.2 billion, based on the average $1,000 per- square-foot that comparable office space in the city is currently fetching.

 

after seeing BSC being bought out for $2.00 I now believe Jim Rogers and his $5.00 price target on C.

 

That tells you there must be some ugly losses on the books that will have to be taken....