The stocks of LEH, MS, GS and BSC have been rocked over the past weeks.
Any of you guys monitoring the stocks with intentions of purchasing any one of them at a cheap price, in anticipation of a recovery somewhere down the line? If so, at what point (price or time-wise) are you looking to purchase?
I dont want to speculate here, but Morgan Stanley is looking mighty tasty, lately.
there is no doubt MS is a buy. It is the most undervaluded, however, I would still say it is very risky to get in given the market. perhaps tues or wens.
Yeah MS is looking so good right, but I am holding off as long as possible.
Everything looks cheap, but relative to what? The bubbling, lofty heights?
Most people would've said that these companies looked cheap on thursday, too, and look what happened on friday. The market is anticipating a big negative event, and if it doesn't occur then these stocks are very cheap. If it does, however, there's plenty of room to fall...
Guess the question I am wondering now is if or when will the Fed cut rates
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