Ackman: Wachovia Shares "Are Worth A Lot More Than What They're Trading At Today"

Posted by Bess Levin, Oct 06, 2008, 1:55pm

Related: Ackman Buys (Part of) Wachovia. The Ack also told CNBC he and the rest of the Pershing Square gang will be happy with any outcome of the WB-C-WFC clusterfuck, though you know he's pulling for Lil' Vik.

4Recommend this! 15Comments

Comments

1

Posted by guest, Oct 06, 2008 1:59PM

And the Titanic would make a good submarine, too.

2

Posted by guest, Oct 06, 2008 1:59PM

Sure....................

3

Posted by MarshallStack, Oct 06, 2008 2:02PM

Talking the book?

4

Posted by guest, Oct 06, 2008 2:13PM

Buying Wachovia shares is like taking a date to Fujo.

-S&J

5

Posted by guest, Oct 06, 2008 2:15PM

If the market keeps going down 500 points a day, there will be nothing left by Halloween.

6

Posted by guest, Oct 06, 2008 2:25PM

If the market crashes and no one is there to buy it, does it make a sound?

7

Posted by guest, Oct 06, 2008 2:30PM

@6...it's called a 'break' not a crash.


-- Alive in 29

8

Posted by guest, Oct 06, 2008 2:31PM

Smells like another WaMu to me! If this is not cleared up soon, the FDIC may have no other choice but to close the doors....this is a very likely scenario.

9

Posted by guest, Oct 06, 2008 2:33PM

8 No, no. Just the opposite. Its undervalued, being chased by two suitors.

10

Posted by guest, Oct 06, 2008 2:34PM

@5

That's a scary thought?


SPODE

11

Posted by guest, Oct 06, 2008 2:37PM

500 points a day wont happen-we need to trip the circuit breaker today, call it a session, go home, get a good buzz on and wake up tomorrow ready to BUY. Lotsa money to be made now.

12

Posted by guest, Oct 06, 2008 2:38PM

@10

Fuck you. I live for that moment. Bring it on.

13

Posted by guest, Oct 06, 2008 2:39PM

Here comes the meat wagon.

http://www.youtube.com/watch?v=BGGq8AF-U9o&feature=related


14

Posted by MarshallStack, Oct 06, 2008 2:39PM

@5 -

but it will be over faster at 700/day.
That is only another 3 weeks.

We will have lots of free time to dress like Ferris Bueller for the Village parade.

15

Posted by guest, Oct 06, 2008 2:40PM

Billy don't be a hero....

Who wears short shorts?

Billy Ray Valentine will not be buying his son the GI Joe with the Kung Fu grip for Christmas/Festivus/Chanukah/Qwanza this year. The kid might be in college before he get's the damn thing.

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