Piper Jaffray Companies Message Board
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WTF?
Nobody is going to buy this firm, just to get that out of the way. USB tried to sell it for years, and had no luck. What has changed since then?
PJC moves pn the CROX deal and the clean energy symposium? Please. CROX is yet another faddish IPO brought to market by tier 3 banks. GREAT short if the borrow is right - RUBBER SHOES PEOPLE. And PJC knows about as much about clean energy as it has expertise in China. Maybe Safa can talk about it - nice all on GOOG again. Close your eyes and buy dude...-
Msg 285 from the bashing Rocker:
After the lemmings buy in after the eps "beat", this is a great short... -
I don't recall having mentioned said information or that I was short...
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To simply state it for you as I have done in previous posts, the IPO pipeline remains strong. Even your ignorance cannot deny that one. PJC has been a beneficiary of this; they have strung together two great quarters and going FORWARD the earnings outlook remains relatively strong. You continuously make the mistake of thinking Wall Street cares about quarters past. It is the guidance going into future quarters that dictates future stock prices. I know you currently have a short position and I strongly recommend covering because your pain will only attain even greater heights. You are partially right about one thing though, history does repeat itself on Wall Street, that�s what makes it so predictable in ways, but I shall save this lecture for another post perhaps. Anyways you are disregarding the Federal Reserve, once the rate hikes come to an end and it is going to happen sooner than later, the investment banks and brokerage houses will have exceptional performance.
- 1 Reply to blazin34900
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Thanks for the valuation 101 session. Is there anything else I should know before making a trade?
I strongly urge you to come up with an original thesis before recommending that others do anything, and moreover before using your lame-ass analysis to justify this POS. The "brokerage" houses have been doing very well despite rising rates you f-ing monkey...
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