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WxOnWallStreet's picture

Morgan Stanley near 7 bucks a buy?

Is there anyone out there enticed by MS trading near 7 bucks? Maybe an opportunity to speculate at least in the short term on a pop in MS stock price next week?

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Clueless Wanderer's picture

I'm not touching Morgan

I'm not touching Morgan Stanley.

Why in God's name would the Japanese continue with a deal that is priced at $25 a share when the stock is hovering around $7 or $8?

The Asians have already lost tons of money investing in financial institutions (BX for example).

This deal is going to have to be reworked or I think they pull the plug...I don't see Mitsu shareholders standing for anything different.

God knows how many people are pulling money out of the firm as we speak.

We might see a direct Fed infusion into Morgan this weekend or a potential sale.

numi's picture

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Edmundo Braverman wrote:

http://www.quote.com/news/story.action?id=RTT810101150001063

Would have been a great article if they didn't reference an analyst from Ladenburg Thalmann, whoever they are...

DavidvanPatten's picture

that analyst is media

that analyst is media darling dick bove. he's all over the place.

aachimp's picture

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lol ladenburg thalmann. LTS ticker.

Endgame's picture

Appropriate screen name

Clueless Wanderer, please educate yourself first before wondering out-loud why the Japanese are willing to close this deal.

A good place to start might be here:

http://online.wsj.com/article/SB122363675892422697.html?mod=googlenews_w...

It may also be useful to consider what the motivation of MUFG was in the first place and Mack's relationships in the region.

Clueless Wanderer's picture

Educate Yourself before speaking

Endgame wrote:

Clueless Wanderer, please educate yourself first before wondering out-loud why the Japanese are willing to close this deal.

A good place to start might be here:

http://online.wsj.com/article/SB122363675892422697.html?mod=googlenews_w...

It may also be useful to consider what the motivation of MUFG was in the first place and Mack's relationships in the region.

The next time you get that need to comment as if you are the authority do not.

Perhaps you should educate yourself: http://www.ft.com/cms/s/0/a9a6c794-98b3-11dd-ace3-000077b07658.html

As I said correctly, there was no way Mitsu was going to keep deal under its original terms. Now go away.

WxOnWallStreet's picture

Glad I didn't touch MS last

Glad I didn't touch MS last week; figured it was just too risky. Interesting to see what happens tomorrow.

Endgame's picture

Ah, nice to see one with a

Ah, nice to see one with a pair on these boards... "[...] there was no way Mitsu was going to keep the deal under its original terms", that infers that MUFG were the ones who pushed for the deal to be changed. I'll give you three guesses who it was that proposed a deal that would allow the Japanese to save face. Think you can manage it?
And if you're gonna tell me to "go away", at least throw an f-word in there somewhere.

b2's picture

lol... endgame = john

lol... endgame = john mack... same retarded posts, same higher-than-thou attitude, while speaking in cryptics coz he really has no idea what he's talking about.

hey, I can do it too... "the chicken and egg in the bush was two in stones throw from the glass house"

Wow! Because I can speak mysteriously, I am all knowing!

only an idiot would think that mitsu would be going through with the deals on the original terms

Clueless Wanderer's picture

Lol

Endgame wrote:

Ah, nice to see one with a pair on these boards... "[...] there was no way Mitsu was going to keep the deal under its original terms", that infers that MUFG were the ones who pushed for the deal to be changed. I'll give you three guesses who it was that proposed a deal that would allow the Japanese to save face. Think you can manage it?
And if you're gonna tell me to "go away", at least throw an f-word in there somewhere.

Lol the only one saving face is you.

The point remains as I said that the plan was going to be adjusted. Lol as if Mitsu shareholders were going to let the plan remain as is.

You are welcome to speculate all you want as to who initiated what but at the end of the day you were wrong.

Think you can manage to wrap your head around that?