Analysts' Recommendation: Hold 30 Days Ago: Hold Analysts' Target: $58 Analysts' Targets Friedman, Billings, Ramsey & C $49 Hold Tuesday, July 01, 2008 Jefferies & Co. $48 Strong Buy Tuesday, July 01, 2008 Credit Suisse $56 Neutral Tuesday, June 17, 2008 Deutsche Bank Securities $80 Hold Thursday, January 31, 2008
Legg Mason is one of the leading asset management companies.Its fund manager is the legendary Bill Miller who had beaten the markets for 15 years straight.
Why short? 1.stocks Bill Miller is very bullish on the economy and had loaded up on financials like C,JPM,ML,FNM,COF,AIG.His top holding also include Aetna,UNH,Sears,Amazon,EBay all of which I am bearish on. http://quicktake.morningstar.com/fundnet/Holdings.aspx?Countr...
Another way of looking at it is the fund has 20% + representation for financials and consumer services.Both of them are going to be destroyed.A m...
worst 2 year performance on a undervalued stock. I agree on your thought on liberals (whats yours is mine mentalaty) they are a real headacke on the free enterprize system. Gene
Three years ago I moved next door to a 3itch that works for Legg Mason. Now before any of you start to think that i must be loaded living next door to a Legg Mason player. Think agan. I am a simple man and like most simple men I live next door to uneducated liberal dickheads that know the answer to everything and because they are feely people they have the RIGHT to act on what they know.
Before neighbor lady started activly ACTING on what she KNEW by vandilizing my property whenever I was out of town we use to chat.
When a hurricane was brewing she tipped me of on a penny POS
It is not hard to compare LM's assets under management vs. peers and eventual earnings and PE ratios and recognize some serious differences in valuation. Here's Leggs problem. Their assets they bought from Citigroup have had redemption problems. Legg recently was hit because Miller's Value fund didn't do well during the recent credit crunch and perceptually, since they were already having redemptions and Miller is so visible, the stock got hit again. Let's separate some stuff for a second. LM equity AUM is over $300 B. Miller's Value Trust is about $19 (from memory). The problem i...
where do we go from here
- The S&P has now broken the low of 6/12/06, 1219.29. The next stop is 1168.20 of 10/10/05. The Dow and the Nasdaq are in similar situations. I origanall...
LM is resetting up for a very nice short.
- This is one of my favs in terms of shorts longer term. I think LM sees $25 to $30 within the next 60 to 90 days. We've had it short for a while and cov...
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