Expecting Bear Shareholders to Reject JPM Deal; Raising My Price Target

Here's our Bear Stearns (BSC) timeline with target prices included:

1. With a small amount we bought between 30 - 35 for aggressive gamble investments on Friday.
2. We tripled down (bought 3 times the shares) near $3 Monday first thing
3. We included BSC in the strategic plan on Monday before the open
4. The aggressive accounts have an average of $11 ish
5. The Strategic Plan accounts have an entry of near $3
6. I do not believe BSC gets bought by JP Morgan (JPM)
7. I believe JPM will buy their offices.
8. I believe another bid, or a solvency resolution occurs.
9. I believe shareholders will reject the JPM deal.
10. I believe BSC trades at $40 again over time, but more reasonably $15 - $20 quickly.

The target for the recommendations I have made is $15 - $20.