I will have a beta ready probably sometime in April, I will message you when it is done

Thing is I got all my calculations set and everything...just some of the programming work with VBA and Excel to automate the process requieres a lot of reading (you probably know that haha), and I have university work too. But I'm working on it.

Yea I know the american MSN Money Central is really good but the german one is just shit. I wouldn't mind investing in american equities but the problem is the dollar...who knows when the slide will stop. And I can't be bothered to set up a hedge by shorting dollars with my limited capital, just to get caught in a dollar bottom haha.

quote:

Originally posted by blitz~ I will have a beta ready probably sometime in April, I will message you when it is done Thing is I got all my calculations set and everything...just some of the programming work with VBA and Excel to automate the process requieres a lot of reading (you probably know that haha), and I have university work too. But I'm working on it. Yea I know the american MSN Money Central is really good but the german one is just shit. I wouldn't mind investing in american equities but the problem is the dollar...who knows when the slide will stop. And I can't be bothered to set up a hedge by shorting dollars with my limited capital, just to get caught in a dollar bottom haha.

Awesome..

You know. With the 1 euro being $1.50, you can buy more American equity than I can using dollars. I only wish I had euros. But, I hedged my dollars by buying gold and silver several months back. Now they are at record highs!! Haha..

You are in a strong position to buy American. I'm pissed because if I wanted to go to Europe, it would be so expensive for me.

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Here is a target price spreadsheet I made for you guys. It has 3 of my easiest target price formulas.

1. PE Target Price

PE x EPS

2. Dividend Target Price

Dividend Rate / Dividend Yield

3. 52 Week High Target Price

Stock Rating Value x (52 Week High / Minimum Value for High Rating)



You'll have to do your own estimations of future growth. I always use historical data to estimate future growth values.

Here it is...

CLICK

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OMFG OMFG OMFG OMFG OMFG OMFG OMFG OMFG OMFG OMFG


BEAR STEARNS SOLD FOR $2/share

From $160 to $2 in less than a year...amazing.

Last edited by Capitalizt on Mar-17-2008 at 14:45

quote:

Originally posted by Capitalizt OMFG OMFG OMFG OMFG OMFG OMFG OMFG OMFG OMFG OMFG BEAR STEARNS SOLD FOR $2/share From $160 to $2 in less than a year...amazing.

anyone who sold that short or who wrote a put option on that is going wild atm.

quote:

Originally posted by Capitalizt OMFG OMFG OMFG OMFG OMFG OMFG OMFG OMFG OMFG OMFG BEAR STEARNS SOLD FOR $2/share From $160 to $2 in less than a year...amazing.

So is this good for JPMORGAN or bad? Could a private investor had bought Bear stearns?

It's incredibly good for JPM I think. I heard on CNBC that the Bear Stearns corporate headquarters alone is worth $2/share. The building is huge. Basically JPM bought the building from them and gets all of their business for free.

quote:

Originally posted by guerra-monstru So is this good for JPMORGAN or bad? Could a private investor had bought Bear stearns?

Probably not with their balance sheet risk. JPM is also supposedly going to take a $6B hit on the front end. They were the counterparty to a lot of BSC risk so they know the situation very well. The only thing that really scares me is that JPM is/was known as the "House of Derivatives," but right now they're looking pretty good. I wouldn't be surprised if a lot of today's action (lack of a crash and severe downside). A lot of people will probably look at the mere $2/share/$250M price paid for a company that had a market cap of almost $15B within the last year, but a much more in depth analysis is required to fully comprehend what they actually bought (i.e. very illiquid securities without a real knowable market value at this point). More importantly, equity holders like Jimmy "Bluntman" Cayne just got their shirts handed to them, and rightfully so.

I just want to throw this in for good measure.

Usually, you won't hear my praises for the Fed, but in this case, I think they did the right thing. If BSC went down, the potential for a system-wide liquidity crunch seemed very very likely. JPM, in my opinion, got a HUGE bargain. BUT, that bargain came with enormous risks. The securities BSC holds likely are worth next to nothing. But, the thing is, the Fed is taking on that risk for JPM. Meanwhile JPM gets the good stuff. Buildings, equipment, and the best and brightest of BSC. For $2 a share of a once $150+ stock!

I'm going to be looking at Lehman Brothers (LEH), at their financial statements to see if they're the next to go.

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quote:

Originally posted by Shakka I just want to throw this in for good measure.

That is just hilerous. This just goes to show that everyone needs their own playbook. The professionals can't even get it right many times.

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quote:

Originally posted by Shakka Probably not with their balance sheet risk. JPM is also supposedly going to take a $6B hit on the front end. They were the counterparty to a lot of BSC risk so they know the situation very well. The only thing that really scares me is that JPM is/was known as the "House of Derivatives," but right now they're looking pretty good. I wouldn't be surprised if a lot of today's action (lack of a crash and severe downside). A lot of people will probably look at the mere $2/share/$250M price paid for a company that had a market cap of almost $15B within the last year, but a much more in depth analysis is required to fully comprehend what they actually bought (i.e. very illiquid securities without a real knowable market value at this point). More importantly, equity holders like Jimmy "Bluntman" Cayne just got their shirts handed to them, and rightfully so.

I'm pretty bearish (no pun intended) but if derivatives start going the way of MBSs (which I highly doubt) I'm buying a gun, canned food, and holing myself up in a cabin in upstate ny. Anyway when bear sent out signals it wanted to sell only JP and one other private equity firm showed up for the presentation. It's book must be pretty atrocious. This whole thing is kind of ironic since BCS opposed the fed bailout of LTC. Anyway, as of the latest payroll figures last week I am completely out of the equities market, even though most of my holdings were in the Europac market. I don't even trust commodities at this point. I think there has/will be an irrational flight to commodities before people realise they are ridiculously overvalued.

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