Excerpt: "The company has a market cap of approximately $4.76 billion with nearly 215 million shares outstanding. The dividend yield is less than 2%. The balance sheet is strong, and there’s nearly $3 a share of cash."
I agree that AEO looks cheap I own Jan 2010 Calls.
Shares in Freddie Mac lost almost a quarter of their value today after the mammoth American mortgage giant plunged into a $2 billion quarterly loss and hired Lehman Brothers and Goldman Sachs to explore "very near term" opportunities to raise cash.
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