Are You Kidding Me?
Apr 2nd, 2008 | By Rick Pendergraft | Category: Stock Market InvestingIt was Sunday night, and I was sitting down to my usual routine of going through charts and e-mails to prepare for the next day. I had barely been logged on for two minutes when I got an e-mail alert – a news blurb that J.P. Morgan (JPM) was buying Bear Stearns (BSC) for $2 per share. BSC’s stock had closed at $30 on Friday. What a deal!