Friday, June 12, 2009

Marshall & Illsley

M&I at $6 is a buy right here. They just raised $480 million selling 87 million shares at $5.75, and now the stock can be bought. One month ago, it was at 10 before the raise. They can easily get half of what they lost back, and that's a quick 33%.
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2 comments:

  1. AnonymousJune 12, 2009 at 1:36 PM

    Do you like the Jul 7.5s at .25 or is this a longer term play for you?

    -Noah

    ReplyDelete
  2. AnonymousJune 12, 2009 at 2:09 PM

    ST play.. like those

    ReplyDelete