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JPMorgan Chase & Co. Message Board

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  • lner2512 lner2512 Mar 22, 2008 2:09 AM Flag

    JPM up last four days and Up 25%. Maybe profit taking time

    I sold JPM some time ago at 45, but I've been buying since the Bear deal. A dip would be just fine, but it won't last until this rally peaks.

    M* pegged JPM's fair value at $63--before the Bear steal and the latest Fed moves. Even at today's price, there's a nice margin of safety for long-term buyers.

59.60-4.45(-6.95%)Jun 24 4:00 PMEDT