Morgan Stanley weak

MS is trading like word from the inside is leaking out that it won't be around for much longer.

The price action looks deathly familiar.

Anyone hearing anything worthy?

godoftrading said:

MS is trading like word from the inside is leaking out that it won't be around for much longer.

The price action looks deathly familiar.

Anyone hearing anything worthy?

Click to expand...

Lehman was brought down by Asians, now it is Morgan Stanley ... anyone left, looking for Asian money, it is never coming

godoftrading said:

MS is trading like word from the inside is leaking out that it won't be around for much longer.

The price action looks deathly familiar.

Anyone hearing anything worthy?

Click to expand...

The rumour aparently started on Tuesday that Mitsubishi UFJ Financial Group would pull from an agreement to buy nearly a quarter of the company. Its not looking good for them a rumour like that is a killer at times like this.