Derek Dizhi Huang

Explaining Bear Stearns' Current $7 Price

ALthough it sounds like $2/share is a good deal, but if you look under Yahoo.com, Major Shareholders, we will see most of the institutional investors and major shareholders are holding BSC at above $80/shares. Are they going to go for scrap value of $2/share BSC or will they try to find a possible turnaround situations? There are analysts sending out negative news, why, because they want to drive down the price as well. There is a still high chance the investors will vote NO to $2/share. I am betting some of my IRA on BSC for a possible turnaround situation.