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Old 03-13-2007, 04:03 PM
r3vbr r3vbr is offline
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Join Date: Sep 2004
Location: Porto Alegre - Brasil
Posts: 1,288
Default Re: Sub Prime Casulties

http://money.cnn.com/quote/quote.htm...D&time=all

LEND is down 70% today (biggest one day stock decline i've ever seen) putting it at a P/E of 1.55

Will this company definately go bankrupt? Im sure that over the next few months this stock will definately be undervalued if it already isnt. Too bad I dont understand how to value highly leveraged companies, the RoR aspect makes it tricky.
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