Replies to post #513 on Bear Stearns (fka BSC)

[wEaReLeGiOn]

T_F_N- That's a very good point to consider


and I think you may be correct speaking to the near short-term.
I'm not so certain as to the medium and long-term outlooks however.


I think partly because it's 'in vogue' to try and tear down a mighty company journalistically, it's important to note that the SEC is actively and openly investigating Bear Stearns due to these 'deals'. In this case it's a double whammy. Not only does BSC have the actual SEC investigation to contend with, the public is also aware of this not often revealed development.


I think it prematurely auspicious to consider this '$2.00 to $10.00' business as anything other than mildly interesting. This has a 'Enronian smack' about it, and I'm afraid with all of the new attention recently garnered, many well hidden skeletons may play upon this stage yet.

Couple your outlook with my own, and that may lead to a bumpy ride. Speculators love bumpy rides and the public awaits a sensational story.




Got to look at that $10 dollar price as one would a new stock issue...If the prospects for the company improve under new direction the value will increase accordingly...I say $10 is the new bottom....So to speak...