Wall Street Manna

An irreverent look at Wall Street

Friday, February 20, 2009

You know stocks are getting cheap when..

1)-The Sunday paper costs more than New York Times stock
2)-The Citi ATM fee costs more than Citi stock
3)-The paper that a mortgage is written on costs more than Freddie Mac stock
4)-A subscription to Sirius Satellite radio would cost more than Sirius stock
5)-A gallon of gas costs more than Ford stock
6)-One ride costs more than Six Flags stock
7)-A bottle of soda costs more than Jones Soda stock
8)-A 5 minute long distance phone call costs more than Vonage stock
9)-A 5 stick pack of gum costs more than Rite-Aid stock
10)-The strawberries in a smoothie cost more than Jamba Juice
http://www.cnbc.com/id/29304311/site/14081545?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo

Now my headline isn't what CNBC said. Their headline was "10 reasons the market is in trouble."

My headline was different, because at current prices, I could make a case that everyone of these stocks are now worth a shot!

And with the selling capitulation that hit BAC at $2.53 and Wells Fargo at $8.81 today, even these numbers can bounce.

For a bit.

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