Sunday, January 06, 2008

Bear Stearns problem

Watching the financials implode is an interesting experience since I own none of them but how about this . . . .

Paul Novelly, a director, sells 50,000 shares of Bear Stearns! At the lowest price since mid 2005 (about half of what it was a year ago), what does this say about the future of the company?

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