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The Bear Stearns Companies Inc. |
The CEO didn't lie 3 days ago. There's a difference between liquidity
and the value of their assets. Bear's drop is due to panic...everyone
thought Bear was having a liquidity crisis 2 days ago and it became a
self fulfilling prophecy. Have you ever heard of a run on the bank?
Their market cap after today's drop is 3.54B. Do you really their CEO
would reconfirm earnings estimates and move their earnings forward to
Monday if they will confirm he was concealing information last week.
> adrsh...@gmail.com wrote:
> > No i didn't lose 50K, but a worst stock decision in my life..........
> > Lost 20K........... Hope this goes beyond 50 by next week end........
> > But, there are some guys who lost more than 50 - 100K, really felt so
> > sad for them....
> > Guys is this good time to add more shares to my
> > portfolio.................
> > Advice would be appreciated thanks..........