Jefferies is one of those starchy global investment banks and institutional securities firms where a two tone collared shirt is their idea of casual Friday. It is also a place where highly paid financial analysts outsnark the most ruthless TTAC writer, Yesterday, Jefferies sent its “Jefferies institutional clients that include investment managers, insurance companies, hedge funds and pension funds worldwide” a research note that my pal who owns a hedge fund volunteered to share with TTAC readers, as long as we guarantee full anonymity. No problem.
The note is titled “Is GM Turning into a Busted Thesis?” and deals – you guessed it – with the GM stock. H. Peter Nesvold, CFA, and Thomas Fogarty, CFA, both equity analysts at Jefferies, are underwhelmed by the GM share. (Read More…)
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ccd1 - I’ve been looking at the XKR which is a $100,000 car new. A three year old XKR has depreciated by 50%.
mcs - @nate ? Suicide doors are still legal ? . As long as they don’t have electric motors opening them – that would make them assisted...
guevera - amen. Hilux — made warlord tough. Though apparently they’re no longer the ride of choice for 3rd world militia’s, they’ve been...
KixStart - We have 4 children. I fully understand. Very enjoyable read, thanks.
-Nate - Yes , sir . I’ll leave the thinly disguised racial epethets alone then . -Nate
AJ - Exactly. I like a manual for a sports car and twisty roads, but an auto is the way to go for off-road driving. When I was a...
-Nate - Sarcasm , properly done ,_is_ humorous . You didn’t fail Thomas , you never do . -Nate
Thomas Kreutzer - I’m not trying to be sarcastic, Nate, just funny. Too bad I’m failing. I think it was a great story, honestly.
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