In August 2000, shares of Enron, which was at the time one of the US’s greatest corporate success stories, hit an all-time high of $90.56. The company’s shares came off this high and then traded in a range for several months between $70 and $90. Of course, at this stage there were few who realized what would happen to the company over the next 12 months. Buy Enron I recently stumbled across a research note, issued by Bear Stearns on January 26, 2001 recommending Enron to clients, and it makes for interesting reading. Across more than 80 pages Bear’s analysts…
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
