Tuesday, March 18, 2008

JPM will be 哽死

the price is toooooo low, USD2 per share!!! no matter how, Bear Stearns was the fifth largest IBank in US and even its headquater in Manhattan worths at least USD1.2 billion. the highest price within 52 weeks is almost 160. JPM, may be the only FI which can get a gift offer from the subprime crisis. for the shareholders of BSC, i dont know whether it is a good offer but at least they can get back $2 per share. it is better than nothing but also almost nothing. for me, they are no difference psychologically. thats why the closing price of JPM increased by 10%. for such a good deal, i think 10% is not enough to reflect this early christmas gift. will LEH be the next? will Fed decrease 100bp tonight? if i was small, i would like to see what would be going to happen later on. but i am old, i dont want to start with my career under this kind of economy. i do worry about the future.