on a $2-3 pullback, i think jpm looks like a great buy.. even at its curent price it looks like a great speculative buy as a supplement to bsc.

not just because of the acquisition of bear stearns but just based on the hq building which was basically bought at a 70% discount. also the only thing jpm wants with bsc is its equity division. if bsc is acquired by jpm, theyre probably going to let go of 80%+ of its work force or a smaller division plus some of jpm's own workforce

again, just a good spec play :top: