Tuesday, March 17, 2009

Morgan Stanley (NYSE:MS): UBS telling to short - will be sub-$20 next week

UBS on box saying short Morgan Stanley (NYSE:MS)....says street expectations have gotten too high....will likely post loss.....says stock will be below $20 next week.

Also from Doug Kass: High above the Alps, my gnome says that it is widely expected that Goldman Sachs (GS) and Morgan Stanley (MS) could announce equity offerings shortly.

Notablecalls: Rhymes with my n-t cautious view.


light and tight - options trading said...

it would be great if you were on twitter! That way your posts will go straight to my phone... just a suggestion. Love your blog!

stocktradeteam.com said...

Hey NC,

Are you shorting into this "strength"? Do you think this move by the Fed will change that UBS call? Keep up the good work!