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Jefferies Group, Inc. (NYSE:JEF)

CAPS Game Rating: 2 out of 5

The Company and its subsidiaries operate as a full-service global investment bank and institutional securities firm focused on growth and middle-market companies and their investors.

Recs

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Member Avatar johnnykillz (27.58) Submitted: 18/11/2011 14:42:36 : Outperform Start Price: $9.92 JEF Score: +83.43

Trading below book value with plenty of cash on the books for the storm and stress. Access to credit lines should the hit the fan. A value investing backer that owns 30% and has shown willingness to step in on weakness to add to its position (LUK - a holding company that has shown consistent 20% returns for nearly 30 years). Technically, I see an intraday triple-bottom at 9.70, one of the most powerful technical indicators there is. It has churned almost 100 million shares in a week and still not moved too far below its 52-week low. Yeah, I think i-banks might have to take it on the chin for a bit here until I after the election but, on the whole, this is too cheap. If BK was gonna happen, it would have happened on one of the 5x avg volume days by now.

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