The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     

 Legg Mason Inc  (LM) Trade Now »     Rate LM  -  Discuss LM  -  Add to Watch List         Graphic_subscribe

       Sector: Financial  >  Industry: Investment Services
SocialPicks Sentiment:

** v.s. other stocks 		This Quarter's Sentiment:
All:
25.0%
Top:
0.0%
Rate LM:


Home
Analysis & Videos
Quotes
Bull or Bear
Discuss
        

LM: Bull or Bear? From:    SocialPicks  |  Blogsphere  |  All

From the Blogosphere

LM - Adjustment
<style type="text/css">.nobr br { display: none }</style>
<>

The following adjustment was made today on Legg Mason (LM). All prices include IB commissions.

<>






<table><tbody><tr><th>Date</th><th>Stock</th><th>Description</th><th>Transaction</th><th>Status</th><th>Stock Investment</th><th>Income Generated</th></tr><tr><td>11/24/2009</td><td>LM</td><td>CSP Margin Used</td><td>CSP 100 LM @ 28.00</td><td> </td><td>($2,800.00)</td><td> </td></tr><tr><td>11/24/2009</td><td>LM</td><td>Combined Cost Basis</td><td>$9,709.00 100 @ 97.09</td><td> </td><td> </td><td> </td></tr><tr><td>11/24/2009</td><td>LM</< />< /><><>< />< /><>< />< />< />< />< />< />< />< />< />< />< />< />< /><><>< />< /><>< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< />< /><><><><><><><><><><>< /><>< />...
By  coveredwriter   (+0.00%)  11/25/09 Comment


Legg Mason Reports Profit
28%
Legg Mason, Inc. (LM) reported revenues of $659.9 million in its fiscal second quarter, up 8% sequentially, but down 32% year over year.
By  reity   (-33.88%  risk: aggressive)  10/22/09 Comment


Legg Mason Reports Profit
Legg Mason, Inc. (LM) reported revenues of $659.9 million in its fiscal second quarter, up 8% sequentially, but down 32% year over year.
By  Zacks.com   (-12.96%  risk: moderate)  10/22/09 Comment


LM - Adjustment
The following adjustment was made today on Legg Mason (LM):

22-Sep-09 - CSP Margin Used - CSP 100 LM @ 29.00 -
22-Sep-09 - Combined Cost Basis - DSA 100 LM @ 97.09 -
22-Sep-09 - Continued Trade - STO 1 Nov09 29.00 Put @ 1.40 -

I allowed the stock to get called away at $23 at Sep expiration. Today I sold the Nov09 29 Put to continue the position as a cash secured put (CSP), which increased my cost basis by $600. I closed the second position in BAC for a small profit at expiration.

Current Position Summary:

Stock Investment: $9,709.00
Income Generated: $1,877.90
Percent Income Generated: 19.34%
An...
By  coveredwriter   (+0.00%)  09/23/09 Comment


LM - Closed
The Legg Mason (LM) position was exercised on Fri and the stock was called away for a profit. The following is the trade history and returns, including IB commissions.

I allowed this second LM CC position to be called away for a small profit to free up the capital.

Trade Results

Stock Investment: $2,672.99
Income Generated: $410.30
Net Profit: $37.31
Percent Return: 1.40%
Annualized Return: 13.41%
Duration of Trade: 38 days

Trade History:

11-Aug-09 - Second Stock Position - BTO 100 LM @ 26.73 -
11-Aug-09 - Initial Call Option - STO 1 Sep09 23.00 Call @ 4.10 - Exercised
18-Sep-09 - Option Exercised -...
By  coveredwriter   (+0.00%)  09/21/09 Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 21.10 +34.44% 381
2 Gerald Greene 18.14 +71.24% 211
3 stockmarketfunding.com 17.66 +25.60% 55
4 akiralegrand 13.47 +14.32% 62
5 anup2104 12.13 +74.22% 40


POPULAR STOCKS
Symbol Company Name Sentiment
EBAY eBay Inc
DELL Dell Inc
GLD streetTRACKS Gold
YHOO Yahoo! Inc
POT Potash Corp. of Saskatchewan Inc.
MO Altria Group Inc

TODAY'S HEADLINES

TODAY'S TOP PICKS

 

StreetInsider.com on LM

Visit streetinsider.com


Discussion Wall + Add  
wlu8140   (-12.32%  risk: conservative)
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...
+   6 replies

Dsc_5960_-_jpeg_-_200
Michael Parness   (+0.00%)
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...
+   2 replies


More Resources

Graphic_arrow1 About Legg Mason Inc - Answers.com

Graphic_arrow1 Historical Prices - Yahoo

Graphic_arrow1 Message Boards - BoardCentral.com

Graphic_arrow1 More Info:     Yahoo   |   Google   |   Reuters




IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch