Bear Stearns worth $2.00 / share

And now…..it’s down to $2.00 (sold to JP Morgan and ….the US taxpayers via Fed’s guarantee of BSC liabilities as part of the deal).  This is a 3 month chart.  Wondering how an investment bank worth almost $100 3 months ago is suddenly worth $30 last Friday, and $2 today?  Answer:  reality. 

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