JPMorgan: Why I'm Selling Short - Michael Michaud

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JPMorgan: Why I'm Selling Short
Sep 01, 2008 07:50 AM UTC

Michael Michaud

Return	Risk
-3.72%	MID

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Symbol	Sentiment	Start	Return	Closed
JPM		09/01/08	-4.55%	--

Via Short Stock Ideas from Seeking Alpha:

After scanning the charts this early Monday morning, Iâ€™ve zeroed in on an investment bank behemoth in the financial industry that sometimes buys up other competitors when they get into liquidity trouble, as they just recently did during this time of liquidity credit crisis. Longer term, we would be a share buyer of this excellent company. Near to intermediate term, Iâ€™m putting a sell on it.

Short Sale: JP Morgan Chase (JPM)

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