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Strategies & Market Trends : 50% Gains Investing

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To: Sam who wrote (69192)11/21/2008 3:39:35 PM
From: Keith FeralRead Replies (2) of 118717
 
GL, I missed the boat at $3.05. I would get very aggressive back at those levels next week. $17 billion is an absurd valuation for the company. My initial though was to buy the stock and sell some covered calls. However, I can't figure out any way they will get bought for a premium yet.

Here is a long shot - USB. They have a $38 billion market cap. However, it may not matter if GS offers .20 shares for C if they can make enough writedowns to make the merger accretive.
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