MER excellent short opportunity?

First they pay too little, JPM BSC, then they pay too much.


The inmates are running the asylum.

You thought all the nuts were here , on ET
 
Quote from Hydroblunt:

It's a stock swap deal, don't forget that. The $29/share was an inferred price based on BAC's closing friday print. Obviously they expected it to get whacked down. At this rate, BAC may get MER at single digits.

I think you're right about the single digits...
:p
 
The stock of MER trades nearly 250 MILLION shares today on Monday Sept 15, 2008 and after all is say and done it closed up ONE penny!!!!!!!!! .01 WOW.
 
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